K
Seller's Agent in 2025
Kelleher - Pentore Team
Horvath & Tremblay
111 Main St Peabody, MA 01960
Peabody Town Center Neighborhood
27
Beds
21
Baths
10,152
Sq Ft
0.3
Acres Lot
About This Home
111 Main Street consists of two desirable, three-story buildings and contains a total of twenty-one residential units comprised of a three family property (front building) consisting of three 3-Bedroom/1 Bathroom units, and an 18-unit building (rear building) with eighteen Studio units. The well-maintained Property has received significant capital investment improvements since acquisition, including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment and is ideal for a potential buyer looking for income growth and strong returns
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $4,000,000 | -7.0% | $394 / Sq Ft | View Prior Sale |
| 12/16/2024 12/16/24 | Pending | -- | -- | -- | |
| 12/03/2024 12/03/24 | For Sale | $4,300,000 | -- | $424 / Sq Ft |
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $27,398 | $2,958,700 | $790,000 | $2,168,700 |
| 2024 | $25,695 | $2,817,400 | $790,000 | $2,027,400 |
| 2023 | $22,245 | $2,336,700 | $242,100 | $2,094,600 |
| 2022 | $20,739 | $2,053,400 | $198,200 | $1,855,200 |
| 2021 | $20,907 | $1,993,000 | $198,200 | $1,794,800 |
| 2020 | $20,833 | $1,939,800 | $198,200 | $1,741,600 |
| 2019 | $18,753 | $1,703,300 | $198,200 | $1,505,100 |
| 2018 | $18,260 | $1,593,400 | $188,800 | $1,404,600 |
| 2017 | $16,496 | $1,402,700 | $188,800 | $1,213,900 |
| 2016 | $15,459 | $1,296,900 | $188,800 | $1,108,100 |
| 2015 | $16,050 | $1,304,900 | $188,800 | $1,116,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Steve Girolamo
Seller Co-Listing Agent in 2025
Steve Girolamo
Horvath & Tremblay
(978) 406-1789
1 in this area
28 Total Sales
Map
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