87-89 Margin St, Lawrence, MA 01841
Property image
Property image
PENDING

$930,000

  • 9 Beds
  • 3 Baths
  • 4,046 sqft

87-89 Margin St, Lawrence, MA 01841

Est. Mortgage $5,567/mo*
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Home Highlights

Parking
1 Open Spaces
Outdoor
Deck
Price/Sqft
$230
Listed
76 days ago
Climate Control
Baseboard & Wall Units, Window Units

Local Information

  • Map ViewExplore the area around 87-89 Margin St.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Price Improvement! 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!
Last check for updates: about 13 hours ago
Listing courtesy of Katherina Ramirez, (978) 771-3983
Realty ONE Group Nest, (978) 655-1385
Source: MLS PIN, MLS#73535749
Also Listed on MLS PIN.

Home Details for 87-89 Margin St

Interior Features

Interior Details
Basement: Full,Partially FinishedNumber of Rooms: 15
Beds & Baths
Number of Bedrooms: 9Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 4046 Square Feet
Appliances & Utilities
Utilities: for Gas RangeAppliances: Range, RefrigeratorRefrigerator
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Window Unit(s),Wall Unit(s)Has HeatingHeating Fuel: Baseboard
Fireplace & Spa
No FireplaceNo Spa
Gas & Electric
Electric: 200+ Amp Service
Windows, Doors, Floors & Walls
Flooring: Wood, Tile, Vinyl, Carpet, Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 3Floors: Wood, Tile, Vinyl, Carpet, Hardwood

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckFoundation: Stone
Parking & Garage
Open Parking Spaces: 1No GarageHas Open ParkingParking Spaces: 1Parking: Paved Drive,On Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 4046Finished Area (below surface): 1338

Days on Market

Days on Market: 76

Property Information

Year Built
Year Built: 1890
Property Type / Style
Property Type: Residential IncomeProperty Subtype: 3 Family
Building
Construction Materials: Conventional (2x4-2x6)Does Not Include Home Warranty
Property Information
Parcel Number: LAWRM0187B0000L0070, 4210076

Price & Status

Price
List Price: $930,000Price Per Sqft: $230
Status Change & Dates
Off Market Date: Tue Aug 04 2026

Active Status

MLS Status: Under Agreement

Location

Direction & Address
City: Lawrence

Agent Information

Listing Agent
Listing ID: 73535749

Building

Building Area
Building Area: 4046 Square Feet

Community

Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School, OtherNot Senior Community

Lot Information

Lot Area: 1742 sqft

Offer

Contingencies: Pending P&S

Rental Terms, Policies & Fees

Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Miscellaneous

BasementMls Number: 73535749Above Grade Unfinished Area: 4046

Additional Information

Public TransportationShoppingParkLaundromatHighway AccessHouse of WorshipPublic SchoolOther

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Lawrence

At least 1029 Trulia users voted on each feature.
  • 81 % Say there are sidewalks

  • 70 % Say car is needed

  • 69 % Say there's holiday spirit

  • 68 % Say it's walkable to grocery stores

  • 67 % Say it's dog friendly

  • 66 % Say yards are well-kept

  • 62 % Say kids play outside

  • 60 % Say parking is easy

  • 59 % Say it's walkable to restaurants

  • 56 % Say streets are well-lit

  • 49 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 42 % Say it's quiet

  • 42 % Say people would walk alone at night

  • 38 % Say there are community events

  • 34 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Supermason0618
    "The commute is average due to the ready access of interstate highways. Public transportation is readily available at McGovern transportation station which is a nice alternative. "
  • 8kphjfrbzv
    "It’s pretty safe never had any problem with anyone while living here for almost 20 years. The people do come together "
  • Suleika Figueroa
    "Great commute anywhere. Fast food restaurants near by are really good. I lived here 34 years and it has been improving "
  • Carlossantos7003
    "Been in this neighborhood for 20 years it has been establishing to raise a family and crime has been down in the last decade "
  • Jlcollado17
    "To expensive the rent and mortgages, I don't know why if the city is not one of the best communities on the area."
  • Zapata Rodriguez
    "Is a good neighborhood to live in , a variety of places and variety foods … great people and nice parks "
  • Alan Feliz
    "I don’t see dogs that much, because not every apartments like they rentals have one, i wish i can have one "
  • Trulia User
    "nice one the best place to life in Lawrence have parks school and store very near me ............. "
  • Trulia User
    "good neighborhood, lots of parking space close to all kind of grocery store gas station etc , street clean all seasoned good for pets "
  • Trulia User
    "It’s very dog friendly neighborhood and There’s also a park nearby where people go with their dogs. "
  • Lanana0626
    "Dogs are always seen, but at times dog owners don’t clean up after them! But overall welcoming to pets "
  • Gremarfi V.
    "I live in a good area where people are nice and we don’t have a lot crime I wish we see police more "
  • Karolyn3678
    "Is a very diverse city and everything is accesible. The cost of living is extremely expensive but Lawrence is a great city."
  • Gomjanett
    "Everything about Lawrence is important to know. As years has passed , our kids generations are not the same .. Schools are important and parks . Crime rates has gone down a good rate !! "
  • Lesly
    "Dog owners would like this area. It could get very busy, traffic wise. So gotta make sure dog is on leash"
  • Courtney F.
    "Not picking up after themself. And the noises and how much it barks, it could chase or bite you. You never know with animals "
  • Trulia User
    "Nothing in this city feels like home. The streets are dirty. Lonely and unfriendly. I’m going to be home with my kids. "
  • Karolyn3678
    "Lawrence is a great town but it could be dangerous to live in it. Parents should be careful raising their children in Lawrence. "
  • Maryleger42
    "The commute is hectic on pick time between 8am and 10am is horrible to cross any of the bridges. And later between 3pm and 5pm. "
  • Sarai C.
    "Unfortunately no safe parks for kids or for adults that would like to go and spend time reading a book or just time for yourself "
  • Kateleen S.
    "I work Monday-Friday 9-5pm, right now the commute is great. On a normal day the commute to work in Wilmington takes 30 mins min to get there And back. "
  • Sarai C.
    "Particularly the neighborhood ha deteriorated in the last 3-4 years . Is unsafe to walk due that there is illicit drugs selling and shooting."
  • Kiesha B.
    "Not to move to Lawrence it’s not a good place to live it’s to much violence not a place to raise a child"
  • Jacqueline S. .
    "People who walk there dogs don’t pick up after them and the street have trash cause people don’t know how to stop littering in the streets "
  • Roberto R.
    "It’s ok I’m visiting and use to work here in Lawrence but other than that it’s coming together little by little "
  • Richard M.
    "I live this city a year ago and it is very trankila and the neighbors very respectful and friendly I live this city a year ago and it is very quiet and the neighbors are very respectful and friendly and at Christmas time they are always at your service and in case of emergency too"
  • Vnessaf
    "semana hispana goes on for about 2 or 3 weeks in a year. Celebration of many different countries. Also there's is an event alike for Italian community. "
  • Sarai C.
    "I’m not a dog owner, but if I were would like to be able to walk my dog or have a dog park. Animal and owner will be and feels safe "
  • Eduardo D. L. S.
    "I rarely see people with dog or any pets for the matter. Due to the culture stablish here pets are not the most common thing."
  • Mariel B. .
    "Many many families around. Sometimes can be very judgmental but overall nice place to live in. A lot of resources nearby "
  • Sarai C.
    "Even if the city makes the effort in doing community events, the delinquency and violence is so high that u really don’t want to be in the events "
  • Yajaira S. .
    "Living in housing isn’t that bad it has its perks...I don’t like how maintenance takes their time fixing things more when under inspection , or are able to walk into your apartment when your not home, or don’t let you decorate your balcony with anything bcuz of a safety issues, "
  • Zackaria M.
    "Don’t move to lawrence you’ll regret it! Theft , breaking and entering, drugs you name it they have it "
  • Nicole R.
    "It's not unique it's dirty there are many people around addicted to drugs unsafe playing environment for children"
  • Megan Abate
    "Lawrence ia good place to live. People are wonderful to talk with. Near restaurant which is great if you wanna eat out."

Market trends in Lawrence

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
31
1
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.28
Multi-Family Home
$895,000
07/31/26
10
3
4,200
0.33
Multi-Family Home
$700,000
07/17/26
9
3
3,816
0.34
Multi-Family Home
$800,000
10/17/25
7
3
2,631
0.61
Multi-Family Home
$860,000
05/27/26
10
3
5,072
0.17
Multi-Family Home
$720,000
05/05/26
5
3
2,728
0.24
Multi-Family Home
$890,000
03/02/26
8
4
2,800
0.17
Multi-Family Home
$975,000
03/02/26
12
4
5,000
0.51
Multi-Family Home
$1,000,000
06/05/26
10
3
4,671
0.45
Multi-Family Home
$720,000
12/23/25
8
3
3,308
0.16
Multi-Family Home
$1,325,000
01/30/26
10
5.5
5,556

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$495,600
4
1
1,392
Off Market
0.04
-
9
4
4,404
Off Market
0.05
$628,900
4
2
2,243
Off Market
0.07
-
9
3
3,846
Off Market
0.07
$415,500
3
1.5
1,404
Off Market
0.12
$551,900
3
2
1,536
Off Market
0.09
-
6
4
2,800
Off Market
0.13
-
18
6
8,481
Off Market
0.11
$1,500,000
12
6
5,576
For Sale
0.14
-
9
3
3,333
Off Market
0.12
$552,100
4
2
2,002
Off Market
0.15
-
9
3
3,978
Off Market

Price and Tax history

DateEventPrice
Aug 5, 2026
Source: MLS PIN #73535749
Pending
$930,000
Jul 22, 2026
Source: MLS PIN #73535749
Contingent
$930,000
Jul 15, 2026
Source: MLS PIN #73535749
PriceChange
$930,000
Price decreased by 2%
Jun 14, 2026
Source: MLS PIN #73535749
Listed For Sale
$950,000

LGBTQ Local Legal Protections

Katherina Ramirez, Realty ONE Group Nest, (978) 655-1385
Agent Phone: (978) 771-3983
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS.

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Frequently asked questions about 87-89 Margin St

  • What is the estimated monthly payment for 87-89 Margin St?
    Based on a $930,000 list price with 20% down at today's rates, the estimated monthly payment for 87-89 Margin St in Lawrence, MA is approximately $5,718 (about $4,883 principal & interest, $760 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Lawrence?
    Residents describe Lawrence, MA as pedestrian-friendly, walkable to grocery stores, and dog-friendly. See homes for sale in Lawrence, MA.
  • What are the closest schools to 87-89 Margin St?
    The closest schools to 87-89 Margin St in Lawrence, MA are Gerard A. Guilmette Middle School (Elementary, rated 2/10), Guilmette Middle School (Elementary, rated 5/10), Lawrence Family Public Academy (Pre-K/Elementary).
  • Does 87-89 Margin St have air conditioning?
    Yes, 87-89 Margin St in Lawrence, MA has air conditioning.
  • Does 87-89 Margin St have parking?
    Yes, 87-89 Margin St in Lawrence, MA has on-site parking.
87-89 Margin St, Lawrence, MA 01841 is a 9 bedroom, 3 bathroom, 4,046 sqft multi-family built in 1890. This property is currently available for sale and was listed by MLS PIN on Jun 14, 2026. The MLS # for this home is MLS# 73535749.