60 Margin Street

Peabody, MA 01960

$615,000
Last Sold Price
4
Beds
4
Baths
3,424 Sq. Ft.
$180 / Sq. Ft.
3,424
Sq. Ft.
$180
per Sq. Ft.

Description

Multiple offer notification! Highest and best offers due monday august 14 by 5:00 pm! Fantastic investor or owner occupant opportunity. Rare, four family home in ideal location, close to major routes and downtown Salem. This home has been lovingly maintained by the same family for decades. Each unit boasts hardwood floors, 1 bed and 1 bath, spacious rooms, plenty of closets and original wood detail. Owner's unit has a finished third floor, offering an additional bedroom and bath. Large lot (0.22...Multiple offer notification! Highest and best offers due monday august 14 by 5:00 pm! Fantastic investor or owner occupant opportunity. Rare, four family home in ideal location, close to major routes and downtown Salem. This home has been lovingly maintained by the same family for decades. Each unit boasts hardwood floors, 1 bed and 1 bath, spacious rooms, plenty of closets and original wood detail. Owner's unit has a finished third floor, offering an additional bedroom and bath. Large lot (0.22 acres) with 4 garages spaces, and loads of off street parking, yard and patio areas.

Property Details for 60 Margin Street

Town
Peabody
Area
MA-Peabody
Garage Spaces
4
Parking Spaces
12.00
Parking Spaces Total
16
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LISTING UPDATED: 08/06/2022 06:45 AM

Property Details for 60 Margin Street

StatusSold
MLS #72211622
Days on Market18
Taxes$4,885 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1930
CountyEssex County
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Building Information for 60 Margin Street

Stories6Residences4Year Built1930Building Size-Lot Size0.22 AC / 9,374 SF

Payment Calculator

$3,763 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,356

Property Taxes

$407

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 60 Margin Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 3424.0
  • Color: White
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Unit 4 Rooms(Living Room, Kitchen, Sunroom)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 4.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Two units are tenant at will. First floor right leased until December. Owners unit - one bath has been gutted.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0065 B:0156,2103023
  • Assessments: $415,400
  • Book: 16828
  • Tax Year: 2017
  • Zoning: R1A
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 4
Income / Expenses
  • GOI: $40,200.00
  • NOI: $40,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: Y
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1

Property History for 60 Margin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 60 Margin Street

Taxable ValueLand$243,900Additions$737,500Total$981,400
Tax Record2024$8,950 ($746 / month)
Home Facts
Baths5Total Finished SqFt3,838 SqFtAbove Grade Finished SqFt3,838 SqFtStories2Lot Size9,374 SqFtStyleMulti-Family Res (5+ Units)Year Built1930ZoningR1ACountyESSEXAPNPEAB M:0065 B:0156

Schools near 60 Margin Street

This home is within Peabody School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Thomas Carroll
PublicK to 5

J Henry Higgins Middle School
Public6 to 8

Peabody Veterans Memorial High School
Public9 to 12

Center
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.