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Home Massachusetts Multi-Family Homes for Sale

70 Margin St Peabody, MA 01960
19 Days on Jacob RealtyPrice Reduced $50,000
2
$1,199,900
Total Beds: 10 Total Baths: 6
Total Units: 4 SQFT: 4204
LOT size: 0.29 Acres
70 Margin St
Peabody, MA 01960
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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.
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Property Details

Building Information

  • Total Units: 4
  • Total Floors: 7
  • Total Bedrooms: 10
  • Total Full Baths: 6
  • Amenities: Highway Access, Laundromat, Medical Facility, Private School, Public School
  • Basement Features: Full, Partial, Walk Out
  • Common Interior Features: Tile Floor

Financial

  • APOD Available: No
  • Gross Operating Income: 72600
  • Net Operating Income: 72600

Utilities

  • Energy Features: Storm Windows
  • Utility Connections: for Electric Range, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73230707
  • Last Updated: 05/17/24

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Map

Seller's Representative: Silvia Monteiro, Dell Realty Inc.
Sub Agent Compensation: 2
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: Yes

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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.

MLS PIN data last updated at 2024-05-17 03:05:00

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