$815,000
$830,000
1.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
2,870 SqFt
SOLD DATE : 07/22/2025
Key Details
Sold Price $815,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,870 sqft
Price per Sqft $283
MLS Listing ID 73386721
Sold Date 07/22/25
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $6,828
Tax Year 2025
Lot Size 3,484 Sqft
Acres 0.08
Property Sub-Type 4 Family
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!
Location
State MA
County Essex
Zoning R4
Direction Use google maps
Rooms
Basement Sump Pump
Interior
Interior Features Living Room, Kitchen, Dining Room
Heating Forced Air, Natural Gas, Baseboard
Cooling Window Unit(s)
Flooring Wood, Tile, Carpet, Laminate
Appliance Washer, Dryer, Range, Refrigerator, Microwave
Exterior
Community Features Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Utilities Available for Gas Range, for Gas Oven
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Lot Description Gentle Sloping
Story 4
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Read Less Info
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Bought with Alyssa Anderson • Keller Williams Realty Evolution