$945,000
8
Beds
2
Baths
3,341
Living Area
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Property Description
Well-maintained and fully occupied 2-family investment opportunity in a convenient Peabody location. This spacious property offers over 3,300 sq. ft. of living space with two generously sized 5-room units, 6 total bedrooms, and rental income from day one. An attached garage, 5+ off-street parking spaces, and a fenced side yard with a garden area add to the property's appeal. The walk-up third floor features two additional rooms with potential for future expansion, storage, home office, or other possibilities (buyer to conduct due diligence). Enjoy the charm of a welcoming farmer's porch and the character of this classic multi-family home. Ideal for investors seeking a stabilized asset or owner-occupants planning for future occupancy. Conveniently located near downtown Peabody, shopping, restaurants, parks, and major commuter routes. A rare opportunity offering current income, ample parking, and long-term upside.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1890
- Heating: Oil, Baseboard, Natural Gas
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 12
- Status: Active
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Additional Details
- Appliances: ENERGY STAR Qualified Refrigerator, Range
- Construction: Frame
- Fireplaces: 1
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual, Renovated Since
- Zoning: R2
- Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
- Exterior Features: Garden
- Flooring: Tile, Carpet, Wood
- Interior Features: Ceiling Fan(s), Pantry, Storage, Bathroom With Tub & Shower, Living Room, Kitchen
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 1
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Utilities
- Electric: 110 Volts, Individually Metered
- Water Source: Public, Individual Meter
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $819,000
- Tax Year: 2025
- Total Rent: $4,650
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $7,584
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