87-89 Margin St Lawrence, MA 01841
Tower Hill NeighborhoodEstimated payment $5,644/month
Highlights
- Deck
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Property is near public transit and schools
- Bathtub
- Living Room
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
Home Type
- Multi-Family
Est. Annual Taxes
- $6,269
Year Built
- Built in 1890
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- Property has 1 Level
- Living Room
- Dining Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Range
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
- Bathtub
Parking
- 1 Car Parking Space
- Driveway
- On-Street Parking
- 1 Open Parking Space
Utilities
- Cooling System Mounted In Outer Wall Opening
- Window Unit Cooling System
- Baseboard Heating
- 200+ Amp Service
Additional Features
- Deck
- 1,742 Sq Ft Lot
- Property is near public transit and schools
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number LAWRM0187B0000L0070,4210076
Community Details
Amenities
- Shops
- Coin Laundry
Recreation
- Park
Additional Features
- 3 Units
- Net Operating Income $80,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,269 | $712,400 | $80,100 | $632,300 |
| 2024 | $5,852 | $632,600 | $84,100 | $548,500 |
| 2023 | $5,990 | $589,600 | $81,200 | $508,400 |
| 2022 | $6,329 | $553,200 | $76,600 | $476,600 |
| 2021 | $5,946 | $484,600 | $76,600 | $408,000 |
| 2020 | $5,556 | $447,000 | $63,800 | $383,200 |
| 2019 | $5,683 | $415,400 | $47,400 | $368,000 |
| 2018 | $5,570 | $389,000 | $43,000 | $346,000 |
| 2017 | $5,163 | $336,600 | $40,700 | $295,900 |
| 2016 | $4,889 | $315,200 | $31,800 | $283,400 |
| 2015 | $4,683 | $309,700 | $31,800 | $277,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2026 06/14/26 | For Sale | $950,000 | -- | $235 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $224,000 | -- | |
| Foreclosure Deed | $229,000 | -- | |
| Deed | $229,900 | -- | |
| Deed | $149,000 | -- | |
| Deed | $75,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $172,480 | Purchase Money Mortgage | |
| Closed | $44,800 | No Value Available | |
| Previous Owner | $206,910 | Purchase Money Mortgage | |
| Previous Owner | $143,744 | Purchase Money Mortgage | |
| Previous Owner | $52,500 | Purchase Money Mortgage | |
| Previous Owner | $25,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73535749
APN: LAWR-000187-000000-000070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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