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$950,000

87-89 Margin St, Lawrence MA 01841
Lawrence, MA 01841
Listed by Katherina Ramirez
Bedrooms
9
Bathrooms
3
Living area
4,046 sqft
Year built
1890

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!

Property details

MLS #
73535749
Property type
3 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.04 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

ElementaryCharter
Lawrence Family Development Charter School
0.3 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
796
Student:teacher ratio
13.7:1
District
Lawrence Family Development Charter (District)
Middle
Guilmette Middle School
0.33 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
496
Student:teacher ratio
8.9:1
District
Lawrence
High
High School Learning Center
0.67 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
208
Student:teacher ratio
13.9:1
District
Lawrence

Mortgage calculator

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated June 18, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.