258 Washington Street,Peabody, MA 01960
Peabody, MA 01960
Description
BOM - Seller Financing fell through ***Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2-3 years old, and heating systems ranging from approximately 3-10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
Details
| MLS # | 73562856 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1880 |
| Days On Site | 47 |
| Listing Provided By | Better Homes and Gardens Real Estate - The Shanahan Group | Michael Rauseo |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,000 |
| Basement | Y |
| Story(s) | 3 |
| Units | 3 |
| Zoning | R2 |
| Acreage | 0.17 |
Interior
| Rooms Total | 15 |
|---|---|
| Interior Features | Living Room, Kitchen, Office/Den |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
| Foundation Details | Stone, Brick/Mortar |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Drive, Off Street |
| Open Parking Yes / No | Yes |
Utilities
| Utilities | for Gas Range, for Electric Range, for Electric Dryer |
|---|---|
| Sewer | Public Sewer |
| Electric | 200+ Amp Service |
Taxes
| Tax Annual Amount | 7261 |
|---|---|
| Tax Assessed Value | 784100 |
| Tax Year | 2025 |
Location
| Community Features | Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Essex |
| City | Peabody |
| Zip Code | 01960 |
| Area | Essex |
| Listing VS Median (in 01960) | |
Price: $980,000 low | high Med: $529,900 sqft: 3,000 low | high Med: 1,072 $ / sqft: $327 low | high Med: $494 On site: 47 low | high Med: 12 | |
Market Activity 01960
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Peabody |
| Zip Code | 01960 |
| Area | Essex |
| Listing VS Median (in 01960) | |
Price: $980,000 low | high Med: $529,900 sqft: 3,000 low | high Med: 1,072 $ / sqft: $327 low | high Med: $494 On site: 47 low | high Med: 12 | |
 | $665,0002 Cashman RdPeabody, MA 01960 |