70 & 30 Margin Street, Peabody, MA 01960 | MLS 72317405 | Listing Information | North Andover Real Estate | Real Living Real Estate
Real Living Schruender Real Estate
(978) 685-5000

70 & 30 Margin Street UNIT 30,  Peabody MA, 01960

18 beds , 10 Full baths
7,936 sqft
Status: Active
MLS#: 72317405
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Real Living Schruender Real Estate
(978) 685-5000

Listing Provided Courtesy Of: NORTHSHORE REALTY ADVISORS
Last Updated: 5/21/2018 2:21 AM
Description for 70 & 30 Margin Street Peabody, MA 01960
Rare investment opportunity for sale this 8-unit apartment portfolio, currently leased as 9-units. Situated in two parcels on Margin Street in Peabody, this investment opportunity is ideally located just off Route 128,between the Danvers waterfront and Route 114 Salem. 30 Margin Street is 4-units where tenants pay their own utilities. 70 Margin Street is 4-units (leased as 5-units) where heat & HW is included in rents and the responsibility of electricity is a hybrid of landlord & tenants, depending on the unit. There is also a 2-car garage on-site and plenty of parking at both sites. The rents have not been increased in many years as most are long term tenants.
Price
$1,500,000
Essex
18
10 Full
7,936 (approx)
72317405
Active
Description
Rare investment opportunity for sale this 8-unit apartment portfolio, currently leased as 9-units. Situated in two parcels on Margin Street in Peabody, this investment opportunity is ideally located just off Route 128,between the Danvers waterfront and Route 114 Salem. 30 Margin Street is 4-units where tenants pay their own utilities. 70 Margin Street is 4-units (leased as 5-units) where heat & HW is included in rents and the responsibility of electricity is a hybrid of landlord & tenants, depending on the unit. There is also a 2-car garage on-site and plenty of parking at both sites. The rents have not been increased in many years as most are long term tenants.
Listing Information
Property Type: Multi-Family, 2 Story
18 10 Full
9 0.48 Acres 7,936 (approx)
$189.01 1930 Yes- 2 spaces
2 Frame, Aluminum Siding
Oil Hot Water Heater, Gas Water Heater, City
City Sewer
8 Total
Neighborhood
Room Information
Bathrooms
10
Interior Features
Tile, Carpet Wall to Wall, Wood
Full, Partial, Walkout
3
Exterior / Lot Features
2 Garage Spaces, 15 Parking Spaces, Off Street, Assigned Parking Space
Aluminum, Frame
Enclosed Porch, Roof Deck
Fiber shingle
R2
Level
Highway Access, Close To School, Corner, Public Roads, Paved Road, Level
Driving Directions
Route 114 Margin Street
Financial Considerations
$10,501
2018
Listing Price History

Peabody Real Estate

Peabody is located in Massachusetts. Peabody, Massachusetts 01960 has a population of 52,504.

The median household income in Peabody, Massachusetts 01960 is $62,234. The median household income for the surrounding county is $68,776 compared to the national median of $53,482. The median age of people living in Peabody 01960 is 44.9 years.

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Courtesy: - NORTHSHORE REALTY ADVISORS
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
This content last refreshed on 5/21/2018 2:21 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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