Open House May 18, 2024
10:30 – 11:30
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.

Property Details

Price:
$1,199,900
MLS #:
73230707
Status:
Active
Beds:
10
Baths:
6
Address:
70 Margin St
Type:
Multi Family
Subtype:
4 Family
City:
Peabody
Listed Date:
Apr 30, 2024
State:
MA
Finished Sq Ft:
4,204
ZIP:
01960
Lot Size:
12,502 sqft / 0.29 acres (approx)
Year Built:
1930
Units:
4

Schools

Interior

Bathrooms
6 Full Bathrooms
Flooring
Wood, Tile, Carpet

Exterior

Community Features
Medical Facility, Laundromat, Highway Access, Private School, Public School
Construction Materials
Frame
Parking Spots
9
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$72,600
Tax Year
2024
Taxes
$8,631

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
70 Margin St
Peabody, MA