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Lawrence 01841 Tower Hill
26 Margin St
Photo of 26 Margin St
Sold on Sep 25, 2025

33

Map

Photo of 26 Margin St
Photo of 26 Margin St
$815,000
● Multifamily - Off Market

26 Margin St

Lawrence, MA 01841
bedrooms
6 Beds
bathrooms
4 Baths
square feet
2,392 Ft²
$4,091
Est. Monthly
6.36%
Cap Rate

About This Property

Fully renovated 2-family in Lawrence! Nothing to do but move in and start cash flowing. This stunning up/down property offers 6 bedrooms, 4 full bathrooms, and has been completely redone from top to bottom. Both spacious units feature brand new kitchens with shaker cabinets, countertops, and stainless-steel appliances, plus all new flooring, fresh paint, and modern bathrooms. Major updates include new windows, insulation, plumbing, electrical, and heating systems for peace of mind and efficiency. Exterior upgrades include fresh asphalt for bold curb appeal. Perfect for owner-occupants looking to offset their mortgage or investors seeking strong rental income in a high-demand area. Conveniently located near schools, shopping, and major highways. A true turnkey opportunity-schedule your showing today!
Unit Size
2,392 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$322
Property Type
Multifamily
Property Taxes
$310
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #73421704)

Price History

Date / Event Date Event Price
Sep 25, 2025 Sold
Premium
Sold
Aug 31, 2025 In contract -
In contract
Aug 24, 2025 Listed by Empire Real Estate™ $769,900
Listed by Empire Real Estate™

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 11
  • Roof Cover Type: 15
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 2,292
  • Gross Building Area: 2,952
  • Building Area: 2,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 1
  • Heated Square Feet: 2,292
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lawrence School District
  • School Tax School District: LAWRENCE SD
  • Census Tract: 251400

Geography

  • Account Number: 186 0000 0081 A
  • Parcel: LAWR M:0186 B:0000 L:0081
  • Lot: 81
  • Municipality: LAWRENCE
  • Latitude: 42.7018
  • Longitude: -71.1737

    Address

  • Full Address: 26 Margin St
  • Address - House Number: 26
  • Address - Street Name: Margin
  • Address - Suffix Type: St
  • State: MA
  • City Name: Lawrence
  • Carrier Code: C022
  • 4-Digit Zip Code: 4609
  • Zip Code: 01841

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $362,000

    Appraisal Valuation

  • Standard Deviation: 0.2132
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 608,423
  • High Value: 738,176
  • Low Value: 478,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $391,400
  • Assessed Land Value: $117,600
  • Assessed Improvements Value: $273,800
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tower Hill

Stats & Trends

Median Asking:

$629,900

Sale Price/ft²

$294

Below Asking

0.01%

Average Days on Market

71

Average Home Size

4683 ft²

Average Home Age

118.5 years

Currently For Sale

11 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 73421704

Frequently Asked Questions

When was property at 26 Margin Street built and last sold?
The property at 26 Margin Street was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 26 Margin Street is $777,599.
What are some comparable homes to 26 Margin Street?
There are currently no comparable homes to 26 Margin Street.
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