Sold!
$950,000
9
Beds
3
Baths
3,360
Living Area
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Property Description
Investment opportunity - Located close to downtown Peabody, this three-unit building has separate meters for gas heat, hot water, and electric, as well as a low maintenance exterior, featuring vinyl siding, and vinyl replacement windows. Each unit has 3 bedrooms, one full bath, hard wood flooring, and an updated kitchen. The third floor unit offers an open floor plan with vaulted ceilings, recessed lighting, and stainless appliances. Washer/dryer hook up in the basement, potential for separate storage. There is a "right of way" for the main driveway, at the back of the property, with 4 parking spaces. 2-3 tandem parking spaces on the right side of the building. Property will be delivered fully occupied. Interior pictures are of apartment 2 & 3, prior to tenants occupying the premises. 1st and 2nd floor units are identical floor plans. Leases expire 1& 3, 9/30/24, apt. 2, 2/29/24.
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Highlights
- Heating: Baseboard, Natural Gas, Unit Control, Individual
- Property Class: Residential Income
- Total Rooms: 15
- Status: Closed
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1915
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Range Hood, Microwave
- Construction: Frame
- Foundation: Block
- Interior Features: Pantry, Lead Certification Available, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Countertops, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- Foundation Area: 1120
- Lot Features: Easements
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: Bn2
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Amenities
- Community Features: Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, Sidewalks
- Parking Features: Paved Drive, Off Street, Assigned, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $777,200
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $7,399
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $6,350
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