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87-89 Margin St, Lawrence MA 01841

Lawrence, MA 01841 • North Lawrence
$950,000
Est. $5,526/month
9
Beds
3
Baths
4,046
Sq Ft
$235
Price/Sq Ft
0.04
Acres
1890
Year Built
3 Family
Type
9 hours 9 minutes
Time on Market
Active Listed Jun 14, 2026 • MLS# 73535749 Copied!

About this home

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!

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Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
9
Full Bathrooms
3
Living Area
4,046 sq ft
Total Rooms
15
Stories
3
Levels
3

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1890
Living Area 4,046 sq ft
Lot Size 0.04 acres
Bedrooms 9
Full Baths 3
Total Rooms 15

Interior

Heating Baseboard
Cooling Window Unit(s), Wall Unit(s)
Flooring Wood, Tile, Vinyl, Carpet, Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full, Partially Finished
Laundry None
Features Bathroom With Tub, Living Room, Dining Room, Kitchen

Exterior

Construction Conventional (2x4-2x6)
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Deck

Parking

Features Paved Drive, On Street
Total Spaces 1

Utilities

Electric 200+ Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $6,269
Assessed Value $777,000

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
Appliances: Range, Refrigerator
Interior Features: Bathroom With Tub, Living Room, Dining Room, Kitchen
Windows:
Basement: Full, Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Conventional (2x4-2x6)
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard
Cooling: Window Unit(s), Wall Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Deck
Fencing:
Other Structures:
Lot Features: Other
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Paved Drive, On Street

Location

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Neighborhood

North Lawrence

87-89 Margin St, Lawrence MA 01841

Lawrence, MA 01841

Walkability

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Nearby Schools

School District
Lawrence School District local
D
🎓 Where Graduates Go Class of 2021
36% attend college
14% 4-Year 23% 2-Year 3% Out of State 2% Working
✓ School Safety 2024-25
2.2% Average
2.2% Suspensions 1.1% In-School
↓ 3.3% below state avg
E

Elementary Schools

10 schools
C
Lawrence Family Development Charter School
0.3 mi | #254 of 352 | Score: 36.0
Dropped 53 spots from last year
-22.3 below state avg
899 students Less Diverse
Strong Attendance
Grades PK-08
F
School for Exceptional Studies
0.7 mi | #343 of 346 | Score: 17.7
Improved 40 spots from last year
-40.5 below state avg
118 students Less Diverse
Rising School
Grades PK-12
CLASS, Inc.
0.8 mi
Grades K-12
C+
Emily G Wetherbee School
0.8 mi | #235 of 352 | Score: 37.5
Improved 66 spots from last year
-20.7 below state avg
480 students Less Diverse
Rising School
Grades K-08
Lawrence Catholic Academy
0.9 mi
Grades PK-08
B+
Community Day Charter Public School
1.4 mi | #125 of 352 | Score: 46.9
Dropped 12 spots from last year
-11.3 below state avg
1,200 students Less Diverse
Grades PK-08
D
Gerard A. Guilmette School
0.3 mi | #756 of 824 | Score: 32.1
Improved 31 spots from last year
-26.1 below state avg
485 students Less Diverse
Rising School
Grades 01-04
Lawrence Family Public Academy
0.5 mi
202 students Less Diverse
Grades PK-K
James F Hennessey School
0.5 mi
300 students Less Diverse
Grades PK-02
Lawrence Early Childhood Center
0.6 mi
205 students Less Diverse
Grades PK-K
M

Middle Schools

9 schools
C-
Guilmette Middle School
0.3 mi | #294 of 352 | Score: 31.8
Dropped 12 spots from last year
-26.4 below state avg
457 students Less Diverse
Grades 05-08
Blessed Stephen Bellesini O.S.A. Academy
0.4 mi
Grades 05-08
D
Alexander B Bruce School
0.4 mi | #331 of 352 | Score: 27.7
Dropped 7 spots from last year
-30.5 below state avg
462 students Less Diverse
Grades 03-08
F
Oliver Middle School
0.8 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
348 students Less Diverse
Grades 05-08
Esperanza Academy
0.9 mi
Grades 05-06
D
Arlington Middle School
0.9 mi | #325 of 352 | Score: 28.8
Improved 24 spots from last year
-29.4 below state avg
543 students Less Diverse
Rising School
Grades 05-08
C-
Frost Middle School
1.4 mi | #297 of 352 | Score: 31.7
Improved 28 spots from last year
-26.5 below state avg
508 students Less Diverse
Rising School
Grades 05-08
B+
Spark Academy
1.5 mi | #6 of 16 | Score: 35.8
Improved 270 spots from last year
-22.5 below state avg
443 students Less Diverse
Rising School
Grades 05-08
C-
Parthum Middle School
1.9 mi | #285 of 352 | Score: 32.8
Dropped 7 spots from last year
-25.4 below state avg
585 students Less Diverse
Grades 05-08
H

High Schools

5 schools
B-
RISE Academy
1.2 mi | #223 of 346 | Score: 66.7
Same rank as last year
74 students Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
0.6 mi
21 sports • 2,718 athletes
Strong Athletics
Grades 09-12
B
High School Learning Center
0.8 mi | #172 of 346 | Score: 71.1
Same rank as last year
198 students Less Diverse
Career Tech Programs College Ready Curriculum
Grades 09-12
B
Phoenix Academy Public Charter High School, Lawrence
1.1 mi | #182 of 346 | Score: 69.9
Same rank as last year
140 students Moderate
Career Tech Programs College Ready Curriculum
Grades 09-12
C
Lawrence High School
1.6 mi | #270 of 346 | Score: 44.4
Improved 37 spots from last year
-13.8 below state avg
3,453 students Less Diverse
13 sports • 1,440 athletes
Early College Program Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $522
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Current Rate
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 14, 2026
$950,000
Original listing
Office: Realty ONE Group Nest

Price & Status History

Date Event Price Change
Jun 14, 2026 New Listing Added $950,000 —

Market Statistics

Time on Market
9 hours 9 minutes
Price per Sq Ft
$235

Tax History

Year Taxes Assessment
2026 $6,269 $777,000

Financial Details

Annual Property Tax
$6,269
Tax Year 2026
Assessed Value
$777,000

Listing Information

Listing Agent Katherina Ramirez
Listing Office Realty ONE Group Nest
Agent MLS ID CN254009
Office MLS ID AN7014
Listing Data Updated Jun 14, 2026 4:17 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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