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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!

More Info

Basic Information

  • Gross Income $80,400
  • Lot Features Other
  • Mls StatusNew
  • Parcel Number LAWRM0187B0000L0070,4210076
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)

Tax Information

  • Tax Assessed Value $777,000
  • Tax Year 2026
  • Taxes$6,269

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, On Street
  • Parking Spaces1

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms9
  • Full Bath3

Basic Information

  • List Price$950,000
  • MLS Number73535749
  • Modification Date06/15/2026
  • Property SubType3 Family

Location

  • Address87-89 Margin Street
  • Building Number87-89
  • CountyEssex
  • NeighborhoodNorth Lawrence
  • StateMA
  • StreetMargin Street
  • SubdivisionNorth Lawrence
  • TownLawrence
  • Zip01841

Building

  • BasementFull, Partially Finished
  • Building Area Units Square Feet
  • Construction Materials Conventional (2x4-2x6)
  • FoundationStone
  • Levels 3
  • Patio And Porch Features Deck
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range
  • Year Built1890
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.04

Interior

  • Flooring Wood, Tile, Vinyl, Carpet, Hardwood
  • Interior Features Bathroom With Tub, Living Room, Dining Room, Kitchen

Exterior

  • RoofShingle

Utilities

  • Cooling Window Unit(s), Wall Unit(s)
  • Cooling YN Yes
  • Electric 200+ Amp Service
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,046
  • Lot Size Square Feet 1,742
  • Lot Size Units Acres
  • Square Feet4,046

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Other
    • Park
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningB2

Other

  • Date Listed06/14/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Katherina Ramirez of Realty ONE Group Nest

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