Property Description
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!
Features
- Heating System:
- Baseboard
- Cooling System:
- Window Unit(s), Wall Unit(s)
- Basement:
- Full, Partially Finished
- Parking:
- Paved Drive, On Street
- Appliances:
- Range, Refrigerator
- Construction:
- Conventional (2x4-2x6)
- Flooring:
- Tile, Wood, Vinyl, Hardwood, Carpet
- Sewer:
- Public Sewer
- Water:
- Public
- Disclosure
- Electric Feature:
- 200+ Amp Service
- Garage Parking
- Interior Features:
- Kitchen, Dining Room, Bathroom With Tub, Living Room
- Lead Paint:
- Unknown
- Rent Fee Includes:
- Unit 1(water), Unit 2(water), Unit 3(water)
Additional Information
- Area:
- North Lawrence
- Market Time:
- 4
- Parking Spaces:
- 1
- Tax Year:
- 2026
- Status:
- Active
- Price Per Sqft:
- $235
- Zoning:
- B2
- No Units:
- 3
- Orig Price:
- $950,000
- LEASE:
- No
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Lawrence
- State:
- MA
- County:
- Essex
- Postal Code:
- 01841
- Longitude:
- W72° 49' 33.7''
- Latitude:
- N42° 42' 15.4''
Residential Income
87-89 Margin St, Lawrence, Massachusetts
9 Bedrooms
3 Total Bathrooms
4,046 Sqft
$950,000
Listing ID #73535749
Basic Details
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $950,000
- Bedrooms :
- 9
- Rooms :
- 15
- Total Bathrooms :
- 3
- Full Bathrooms :
- 3
- Square Footage :
- 4,046 Sqft
- Year Built :
- 1890
- Lot Area :
- 0.04 Acre
- Listing ID :
- 73535749
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent
