Sold!
$815,000
8
Beds
4
Baths
2,870
Living Area
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Property Description
Back on Market, please read disclosures. Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!
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Highlights
- Cooling: Window Unit(s)
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1900
- Heating: Forced Air, Natural Gas, Baseboard
- Parking Spots: 6
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Appliances: Washer, Dryer, Range, Refrigerator, Microwave
- Flooring: Wood, Tile, Carpet, Laminate
- Interior Features: Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R4
- Basement: Sump Pump
- Foundation: Stone, Brick/Mortar
- Lot Features: Gentle Sloping
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
- Parking Features: Paved Drive, Off Street, Assigned, Driveway, Paved
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Utilities
- Electric: 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $737,400
- Tax Year: 2025
- Total Rent: $1,000
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $6,828
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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 Keller Williams Realty Evolution.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
