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Sold on 07/11/2024
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70 Margin St, Peabody, MA 01960

$997,000

Last sold 07/11/2024 for $985K

  • 10

    bed

  • 6

    bath

  • 4,204

    Sqft ($234/Sqft)

Multi-family not for sale
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About 70 Margin St

Property type Multi-family
Neighborhood
Year built 1930
HOA fee $0/month
Lot size 0.29 Acre
Movoto estimate
Parking 2 garage spaces
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.
Listed by
Listing Agent - Silvia Monteiro
Listing Office - Dell Realty Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73230707 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 9 minutes ago
Overview
Levels/Style 7
MLS # 73230707
Type Residential Income
Status Closed
SubType 4 Family
SqFt 4204
Lot Size (SqFt) 12502
Lot Size (Acres) 0.29
Annual Property Tax 8631
Year Built 1930
Interior
Total # of Bathrooms 6
# Full Baths 6
Total # of Bedrooms 10
Basement Full, Partial, Walk-Out Access
Total # of Rooms 22
Flooring Wood, Tile, Carpet
Window Features Storm Window(s)
Exterior
Foundation Stone
Roof Shingle
Construction Frame
# Covered Spaces 2
# Parking Spaces 9
# Garage Spaces 2
Patio/ Porch Enclosed, Deck - Roof
Lot Desc Corner Lot, Level
Amenities / Utilities
Sewer Public Sewer
Utilities For Gas Range, for Electric Range, for Gas Oven
Water Source Public
Location
County Essex
Community Features Medical Facility, Laundromat, Highway Access, Private School, Public School
Zoning R1A
APN 4177655
Directions Route 114 Margin St
Multifamily Details
Net Operating Income 72600
Total Actual Rent 10550
Gross Income 72600
$997K
Range: $897K-$1.09M
Last 30 days 
  • Jul 2024
    mls logo MLS # 73230707
  • Jul 13, 2024 Active
    —
  • Jun 13, 2024 Listed
    $1,179,900 (-1.7%)
  • May 13, 2024 Price Change
    $1,199,900 (-4.0%)
  • Apr 30, 2024 Listed
    $1,249,900 (-16.7%)
  • Apr 2018
    mls logo MLS # 72317405
  • Apr 30, 2018 Listed
    $1,500,000
  • Year Property taxes Tax assessment
  • 2025
    $8,584 -0.5%
    $927,000 -2.05%
  • 2024
    $8,631 +21.1%
    $946,400 +26.36%
  • 2023
    $7,130 +3.0%
    $749,000 +9.31%
  • 2022
    $6,921 -0.3%
    $685,200 +3.55%
  • 2021
    $6,941 +10.2%
    $661,700 +12.8%
  • 2020
    $6,300
    $586,600
  • 70 Margin St
    $985K
  • Peabody Town Center
    $479K -26% y/y
  • 01960
    $662K +10% y/y
  • Peabody
    $619K 0% y/y
No chart available
Statistics calculated by Movoto

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3/10
Peabody Veterans Memorial High School
public Grades 9-12
Peabody School District
Source: GreatSchools.org © 2026. All rights reserved.

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The real estate listing data marked with this icon comes from the IDX program of the Massachusetts Multiple Listing Service™ system.
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 in 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.
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