14 days on rocket

70 Margin St, Peabody, MA, 01960

$1,199,900

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Full Baths
4,204 SqFt
$285/SqFt
Multi
Schools Nearby

Location

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70 Margin St, Peabody$1,199,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Garage2 spaces
Year Built1930
BasementYes
MLS #73230707
Lot Size0.29 Acres
StatusActive
(Price Changed)

About 70 Margin St

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

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 4,204 SqFt

Listing Office:

  • Office Name: Dell Realty Inc.
  • Listing Agent: Silvia Monteiro

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Wood, Tile, Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.29 Acres

Other

Directions Information:

  • Directions: Route 114 Margin St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,900
  • Price Per SqFt: $285/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2
  • Seller's Agent Commission: 2

Tax Information:

  • Annual Amount: $6,941
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Peabody, MA.

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Peabody, MA

City

Med. Sold Price

$615K

Med. Price/SqFt

$374

Avg. Days On Market

16

# of Sold Homes

23

70 Margin St vs Peabody

14 DAYS ON ROCKET

-2 Days

$1,199,900

+$584.9K More

$285/SqFt

-$90 Less

KEY TAKEAWAY

This property is $584.9K more than the Median Sold Price and $90/SqFt less than other homes in Peabody, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73230707

Listing Office:

  • Office Name: Dell Realty Inc.
  • Listing Agent: Silvia Monteiro

IDX Disclaimer: 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. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/15/2024, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$665,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,941$661,700
2020$6,300$586,600
2019$6,071$551,400
2018$5,240$457,200
2017$5,198$442,000

History based on county public records data.

Payment Calculator

$6,056

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1472037
4
/10

  • Thomas Carroll

  • 60 Northend St

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-1472038
3
/10

  • Bates

  • 53 Liberty Hill Ave

  • 0.71 miles

  • Public District Grades KG-5

school-card-donut-1472039
4
/10

  • Center

  • 18 Irving St

  • 1.44 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,295. Typical income of Peabody, MA residents is between $35k-100k annually. Typical family type is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Peabody›01960›70 Margin St

This home is located at 70 Margin St in Peabody, MA and zip code 01960. This 4,204 square foot home, which was built in 1930, sits on a 0.29 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $1,199,900.

Over 17 listings were sold over their listed price in April 2024 in Peabody, MA. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Peabody, MA increased by 15.4% between March 2024 and April 2024. The median list price of listings available in April 2024 was $615,000, while the average time on the real estate market was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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