70 Margin Street

Peabody, MA 01960

$1,199,900
Price
10
Beds
6
Baths
4,204 Sq. Ft.
$285 / Sq. Ft.
4,204
Sq. Ft.
$285
per Sq. Ft.

Description

Welcome to an exceptional investment opportunity in the heart of Peabody. This 4 family is fully rented and ready to start making you money! The first floor offer two units, one front and one back. Front unit is 1 bed 1 bath, back unit is 2 beds 1 full bath. Second and Third floors offers a more spacious units with large bedrooms and hardwood floors. Off Street Parking for up to 9 cars and 2 cars garage, currently used for storage, Coin Operated washer and dryer and storage in the basement. A large...Welcome to an exceptional investment opportunity in the heart of Peabody. This 4 family is fully rented and ready to start making you money! The first floor offer two units, one front and one back. Front unit is 1 bed 1 bath, back unit is 2 beds 1 full bath. Second and Third floors offers a more spacious units with large bedrooms and hardwood floors. Off Street Parking for up to 9 cars and 2 cars garage, currently used for storage, Coin Operated washer and dryer and storage in the basement. A large backyard for Peabody, adding even more value to the rental income.
  1. Listed by Silvia Monteiro • Dell Realty Inc.

Property Details for 70 Margin Street

Town
Peabody
Area
MA-Peabody
Garage Spaces
2
Parking Spaces
9.00
Parking Spaces Total
11

Open Houses

Saturday, May 18th

10:30 AM - 11:30 AM

PublicView Details

Location

Listing Courtesy of Dell Realty Inc., Silvia Monteiro
Add your commute
LISTING UPDATED: 05/17/2024 03:07 AM

Property Details for 70 Margin Street

StatusActive
MLS #73230707
Days on Market18
Taxes$8,631 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1930
CountyEssex County

Location

Listing Courtesy of Dell Realty Inc., Silvia Monteiro
Add your commute

Building Information for 70 Margin Street

Stories7Residences4Year Built1930Building Size-Lot Size0.29 AC / 12,502 SF

Payment Calculator

$7,268 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,548

Property Taxes

$719

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 70 Margin Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Medical Facility, Laundromat, Highway Access, Private School, Public School
  • Living Area: 4204.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Full, Partial, Walk Out
  • Num of Baths: 6.0
  • Num of Full Baths: 6
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 6.00
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet
  • SpaYN: No
  • Window Features: Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch - Enclosed, Deck - Roof
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Enclosed, Deck - Roof
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
Utilities
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
Tax Information
  • Tax ID: 4177655
  • Assessments: $946,400
  • Book: 37023
  • Tax Year: 2024
  • Zoning: R1A
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $72,600.00
  • NOI: $72,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $10,550.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Selling Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 70 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 70 Margin Street

Taxable ValueLand$221,900Additions$724,500Total$946,400
Tax Record2024$8,631 ($719 / month)
Home Facts
Baths6Total Finished SqFt4,204 SqFtAbove Grade Finished SqFt4,204 SqFtStories3Lot Size12,502 SqFtStyleTriplexYear Built1920Year Renovated1950ZoningR1ACountyESSEXAPNPEAB M:0054 B:0012

Schools near 70 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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70 Margin Street is a multi-family home for sale in Peabody, MA 01960. This property was listed for sale on April 30, 2024 by Dell Realty Inc., it's currently listed at $1,199,900. This listing's school district is Peabody School District. Nearby schools include Thomas Carroll, J Henry Higgins Middle School and Peabody Veterans Memorial High School. 70 Margin Street is a 10-bed, 6-bath, 4,204 sqft multi-family home built in 1930.

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.

Listing Courtesy of Dell Realty Inc., Silvia Monteiro

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.