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87-89 Margin St, Lawrence MA 01841

$950,000

Estimated $2,063/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $316,666.67

Total Rent: 80400/year

Estimated CAP Rate:

9 Bedrooms

Baths

4046

Total Parking: 1

1,742 (0.04)

A rare opportunity to own a stabilized asset in a high-demand rental market! This well-established 3-unit multi-family property is fully occupied, generating $7,900 per month in gross rental income. Situated conveniently next to shopping and local amenities, this property offers immediate cash flow. A solid addition to any investment portfolio — this asset is performing and ready to transfer!

This home has been viewed 23 times

Last Checked: June 19th, 2026 at 4:53am (Source: MLS PIN #73535749)

Gross Income: $80,400

Gross Expenses: $6,269

Net Income Calc: $74,131

Annual Expenses for 87-89 Margin St, Lawrence MA 01841

Total Gross Expenses (Calculated)$6,269/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6269

Annual Income & Unit Breakdown for 87-89 Margin St, Lawrence MA 01841

Total Gross Income (Calculated)$80,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 87-89 Margin St, Lawrence MA 01841

Listing ID73535749

Property TypeMulti Family / 3 Family

Price950000 ($234.8/SqFt)

Style3 Family

CityLawrence

CountyEssex

MLS AreaNorth Lawrence

Neighborhood(s)

Approximate Living Area Total4046

Approximate Lot Size (Acres)0.04

Total Parking1

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB2

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 87-89 Margin St, Lawrence MA 01841

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsTree House

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 87-89 Margin St, Lawrence MA 01841

Real Estate Taxes6269

Tax Year2026

Assessed Value$777,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 87-89 Margin St, Lawrence MA 01841

Neighborhood(s)

MLS AreaNorth Lawrence

Area AmenitiesWalk/jog Trails

Contact Information for 87-89 Margin St, Lawrence MA 01841

Agent

Name: Katherina Ramirez

Office

Name: Realty ONE Group Nest

Phone: 978-655-1385

Payment Calculator

, Interest

Property Taxes 522.42

Principal & Interest 5853.6

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Realty ONE Group Nest

Katherina Ramirez

Agent Phone

Office Phone

(978) 655-1385

Text Agent Call Agent Call Office

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EXIT

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Active

87-89 Margin St, Lawrence MA 01841

$950,000

Annual Expenses for 87-89 Margin St, Lawrence MA 01841

Annual Income & Unit Breakdown for 87-89 Margin St, Lawrence MA 01841

General Information for 87-89 Margin St, Lawrence MA 01841

Disclosures for 87-89 Margin St, Lawrence MA 01841

Financial Information for 87-89 Margin St, Lawrence MA 01841

Location Information for 87-89 Margin St, Lawrence MA 01841

Contact Information for 87-89 Margin St, Lawrence MA 01841

Agent

Office

Payment Calculator

Exclusive Listing Agent

Realty ONE Group Nest

Katherina Ramirez