19 days on rocket

26 Margin St, Lawrence, MA, 01841

$299,000

Home List Price

$3,551*

Closing Credit

6 Bedrooms
1 Full Bath
2,292 SqFt
$130/SqFt
House
Schools Nearby

Location

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26 Margin St, Lawrence$299,000

Buyer Closing Credits

$3,551*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingPaved Drive, Off Street, On Street
Year Built1880
HeatingForced Air, Electric
CoolingNone
BasementYes
MLS #73222371
Lot Size0.11 Acres
StatusActive

About 26 Margin St

Attention Investors & Rehabbers - This massive brick building was once used as a rooming house, taking full advantage of the large SIX BEDROOMS in the property. Located directly across the street from Essex Plaza Shopping Center with Market Basket, Family Dollar, Health Center, and Dentist. The property is in need of extensive rehab, best suited for savvy investors with experience bringing properties like this back to life. Potential uses for the property include; a rooming home, mixed-used (located near business district), and multi-family (ZBA approval required and all due diligence is Buyer's responsibility). The property is sold in as-is condition. **PLEASE USE CAUTION WHEN ENTERING THE PROPERTY FOR VIEWING**NO UTILITIES ON AT PROPERTY SO SHOWINGS SHOULD TAKE PLACE DURING DAYLIGHT HOURS ONLY**SHOWINGS MUST BE ACCOMPANIED BY BUYERS AGENT - DO NOT GIVE OUT LOCKBOX CODE**

Property Details

Property Features

Property Information:

  • Architectural Style: Gambrel /Dutch, Other (See Remarks)
  • Year Built: 1880
  • Living Area: 2,292 SqFt

Listing Office:

  • Office Name: LAER Realty Partners
  • Listing Agent: Vision Realty Group

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: Paved Drive, Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Electric
  • Cooling: None

Other

Directions Information:

  • Directions: Essex Street to Margin Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,000
  • Price Per SqFt: $130/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2

Tax Information:

  • Annual Amount: $2,960
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lawrence, MA.

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Lawrence, MA

City

Med. Sold Price

$500K

Med. Price/SqFt

$276

Avg. Days On Market

42

# of Sold Homes

12

26 Margin St vs Lawrence

19 DAYS ON ROCKET

-23 Days

$299,000

-$201K Less

$130/SqFt

-$146 Less

KEY TAKEAWAY

This property is $201K less than the Median Sold Price and $146/SqFt less than other homes in Lawrence, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73222371

Listing Office:

  • Office Name: LAER Realty Partners
  • Listing Agent: Vision Realty Group

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 27, 1987Home Sold
$50,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,960$241,200
2020$2,938$236,400
2019$2,706$197,800
2018$2,469$172,400
2017$2,315$150,900

History based on county public records data.

Payment Calculator

$1,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$963

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3200515
2
/10

  • Gerard A. Guilmette

  • 80 Bodwell St

  • 0.19 miles

  • Public District Grades 1-4

school-card-donut-3200516
2
/10

  • Oliver Partnership School

  • 183 Haverhill St

  • 0.91 miles

  • Public District Grades 1-5

school-card-donut-3200517
4
/10

  • Community Day Arlington

  • 150 Arlington St

  • 1.08 miles

  • Public District Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,435. Residents of Lawrence, MA typically earn less than $35k each year. The majority of families are single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 26 Margin St

What is the listing price of this property?

The listing price of 26 Margin St property is $299,000.

What type of property is this?

The property 26 Margin St is a house located in Lawrence, Massachusetts, 01841.

Is this property for sale now?

Active Listing: 26 Margin St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,960 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 27, 1987 for $50,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 26 Margin St has 6 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 26 Margin St is 2,292 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 26 Margin St is 1880.

Rocket Homes›Massachusetts›Essex County›Lawrence›01841›26 Margin St

This home is located at 26 Margin St in Lawrence, MA and zip code 01841. This 2,292 square foot home, which was built in 1880, sits on a 0.11 acre lot. Features: 6 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $299,000.

In March 2024, from all listings sold in Lawrence, MA there were more than 8 sold above asking price, over 3 sold below and more than 1 were sold right at the asked price. In March 2024 in Lawrence, MA there were 14.3% more homes for sale than in February 2024. In March 2024 median list price was $500,000 and the average listing age was 42 days.

From Rocket Homes Real Estate and based on county public records data.

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