Open House Sat, May 18th 10:30 AM - 11:30 AM
Address
70 Margin St, Peabody, MA
Price
$ 1,199,900
Property Attributes
  • MLS#73230707
  • TypeMulti-Family
  • CountyESSEX
  • CityPeabody
  • Zip01960
  • Style4 Family
  • Year Built1930
  • Taxes$ 8631
  • Price$ 1,199,900
  • Bedrooms10
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage4204
  • Lot Size12,632 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property 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 backyard for Peabody, adding even more value to the rental income.

Price History
4/30/2024 Listed $1,249,900
5/13/2024 5% - $1,199,900

General Features

Sewer Public Sewer
Utilities for Gas Range,for Electric Range,for Gas Oven
Roof Shingle
Zoning R1A
Garage Spaces 2
Patio/Porch Features Enclosed,Deck - Roof
Construction Materials Frame
Year Built 1930
Property SubType 4 Family
Tax Year 2024
Gross Income 72600
Community Features Medical Facility,Laundromat,Highway Access,Private School,Public School
County Essex
Net Operating Income 72600
Property Type Residential Income
Garage Y/N Yes
Total Rooms 22
Status Price Changed
Directions Route 114 Margin St
City Peabody
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 12502
Waterfront Y/N No
Street Name Margin St
Year Built Details Actual
Tax Annual Amount 8631
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 946400
Total Actual Rent 10550
Compensation Based On Net Sale Price
Sub-Agency Relationship Offered Yes

Interior Features

Basement Full,Partial,Walk-Out Access
Flooring Wood,Tile,Carpet
Total Stories 7
Window Features Storm Window(s)
Fireplace Y/N No
Full Baths 6
Total Bedrooms 10
Total Baths 6

Exterior Features

Lot Features Corner Lot,Level
Water Source Public
Total Parking 9
Lot Size Area 0.29
Foundation Details Stone
Spa No
Building Area Total 4204
Lot Size Acres 0.29
Lot Size Units Acres
Covered Spaces 2

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 01960

Price
AVG $960K
$1.2M
Taxes
AVG $7,081
$8,631
Visits
AVG 161
102
Data Provided by Inside Real Estate®
Year Built
AVG 1925
1930

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