Sold!
$700,000
4
Beds
2
Baths
1,770
Living Area
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Property Description
Two family house with many updates located on a dead-end street near downtown Peabody. First floor is 5/2/1. Tenant pays $1850 now and will pay $1900 beginning June 1st. The lease expires 12/31/25. The second floor is a 6/2/1. It needs some cosmetic work, but overall, this home is in terrific shape. The expensive systems are done. Roof 2017, front porch rebuilt in 2019. On the 1st floor, the kitchen was renovated in 2012, new bathfitters shower 2017, windows 2021 (with transferrable warranty), gas furnace 2013, water heater 2021. On the 2nd-floor, gas furnace 2015 & gas water heater 2022. Gas & electricity are separately metered, and water/sewer/trash runs about $1200/year. A large storage shed and level backyard round out this great investment opportunity.
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Highlights
- Heating: Forced Air, Natural Gas
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 11
- Status: Closed
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1869
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Wood, Carpet, Laminate
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Basement: Full, Bulkhead, Concrete, Unfinished
- Exclusions: Tenant's Personal Property, Including Washer & Dryer On The 1st Floor And Items In Shed.
- Foundation: Stone, Brick/Mortar
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street, Tandem
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Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $602,700
- Tax Year: 2025
- Total Rent: $1,850
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $5,581
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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 Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
