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38 Clement Avenue

Peabody, MA 01960
$700,000
4 Beds
3 Baths
2,656 Living Area
  • Property Description
    Peabody Two-Family Home! BACK ON MARKET due to financing! Here is your chance to own this 2-Family Home that is a perfect opportunity for a owner occupant, investor, extended family and be able to collect rental income. The first level unit consists of Living Room, Dining Room, Kitchen, 2 Bedrooms, and 1 bath. The second level unit consists of Living Room, Eat-In-Kitchen, hardwood floors, 2 Bedrooms, Bonus Room, 1 bath, and walk-up finished attic which is not heated. Additional features include one heating unit hot air by oil with new oil tank, two separate hot water by gas, walk-out basement that is finished for extra living space with full bath, new front and rear porch, 1-car garage, off-street parking for 4+cars with double driveway and fenced yard. Property does not qualify for FHA financing. Conveniently located and close to shopping, park, and public transportation. Open House Saturday, October 7th from 12-1:30 p.m.
  • Highlights
    • Parking Spots: 2
    • Property Type: Multi Family
    • Year Built: 1880
    • Property Class: Residential Income
    • Total Rooms: 11
    • Status: Closed
  • Additional Details
    • Appliances: Unit 1(Range), Unit 2(Range, Dishwasher), Utility Connections for Gas Range
    • Construction: Frame
    • Flooring: Tile, Vinyl, Carpet, Hardwood
    • Interior Features: Unit 1(Bathroom with Shower Stall), Unit 2(Bathroom with Shower Stall), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Other (See Remarks))
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Basement: Full, Partially Finished, Interior Entry, Concrete
    • Exterior Features: Porch
    • Foundation: Stone
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Year Built Details: Approximate
    • Zoning: R2
  • Amenities
    • Community Features: Public Transportation, Shopping, Park
    • Parking Features: Paved Drive, Off Street
    • Covered Parking Spaces: 1
  • Utilities
    • Electric: 220 Volts, Circuit Breakers, Individually Metered
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $544,200
    • Compensation Based On: Net Sale Price
    • Taxes: $5,181
    • Buyer Agent Compensation: 2%
    • Tax Year: 2023

Location

38 Clement Avenue, Peabody, MA 01960

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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 Lamacchia Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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