Artboard 1? alert-icon? Artboard 1? ? ? delete-icon? edit-icon? email-icon hide-hover-icon? Artboard 1? login-icon-white Artboard 1? next-icon-left next-icon-right-left next-icon-left-ochre next-icon next-icon-right-grey next-icon-right-ochre plus-with-circle-iconP search-fw-icon? search-icon-ochre search-icon-white

258 Washington Street

Peabody, MA 01960
$980,000
8 Beds
3 Baths
3,000 Living Area
  • Property Description
    BOM - Seller Financing fell through ***Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
  • Highlights
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1880
    • Parking Spots: 9
    • Property Type: 3 Family - 3 Units Up/Down
    • Total Rooms: 15
    • Status: Active
  • Additional Details
    • Basement: Full
    • Exclusions: Tenants Own Their Own Refrigerators.
    • Interior Features: Living Room, Kitchen, Office/Den
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Construction: Frame
    • Foundation: Stone, Brick/Mortar
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: R2
  • Amenities
    • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: 200+ Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $784,100
    • Taxes: $7,261
    • Tax Year: 2025
    • Total Rent: $5,900

Location

258 Washington Street, Peabody, MA 01960

Loading Map...

Similar Listings

45 Central St 1
19 Photos
45 Central St Peabody, MA 01960
$999,900
0 Beds 0 Baths 4,083 Sqft
View Details
122 Foster Street 1
14 Photos
122 Foster Street Peabody, MA 01960
$950,000
6 Beds 4 Baths 3,591 Sqft
View Details
Sold
62-r Wallis Street 1
32 Photos
62-r Wallis Street Peabody, MA 01960
$1,120,000
9 Beds 5 Baths 4,276 Sqft
View Details
Sold
1 Japonica Ave 1
5 Photos
1 Japonica Ave Salem, MA 01970
$1,075,000
8 Beds 3/1 Baths 5,418 Sqft
View Details
Sold
37 Mason Street 1
29 Photos
37 Mason Street Salem, MA 01970
$1,050,000
9 Beds 3 Baths 5,265 Sqft
View Details
Sold
52 Central Street 1
8 Photos
52 Central Street Peabody, MA 01960
$975,500
6 Beds 4 Baths 3,161 Sqft
View Details
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Better Homes and Gardens Real Estate - The Shanahan Group. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
  • Request More Information:

    617.262.2500
    When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.

    Please call, email, or send us a message through the web form below. An LRG Real Estate agent will contact you promptly.

    For More Info Please Call:

    617.262.2500

    or

    Email Us
  • Hidden
  • This field is for validation purposes and should be left unchanged.

By joining you agree to our Terms of Use and Privacy Policy