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62-r Wallis Street

Peabody, MA 01960
$1,120,000
9 Beds
5 Baths
4,276 Living Area
  • Property Description
    Back on Market due to appraisal error: This is a three unit prop. not four. This property A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level is partially finished with exterior entry. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are sub-metered
  • Highlights
    • Cooling: Ductless
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1985
    • Heating: Natural Gas
    • Parking Spots: 9
    • Property Type: 3 Family
    • Total Rooms: 18
    • Status: Closed
  • Additional Details
    • Appliances: Range, Microwave, Refrigerator
    • Exterior Features: Rain Gutters, Garden, Other
    • Foundation: Concrete Perimeter
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Approximate
    • Zoning: R2
    • Basement: Full, Partially Finished
    • Flooring: Carpet, Laminate, Hardwood
    • Interior Features: Stone/Granite/Solid Counters, Upgraded Countertops, Remodeled, Living Room, Kitchen, Family Room
    • Roof: Shingle
    • Total Number of Units: 3
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
    • Parking Features: Paved Drive, Off Street
    • Covered Parking Spaces: 1
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $1,045,000
    • Tax Year: 2025
    • Total Rent: $5,150
    • Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
    • Taxes: $9,677

Location

62-r Wallis Street, 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 RE/MAX Executive Realty. 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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