NOT LISTED FOR SALE
4 Beds
4 Baths
3,024 Sq Ft
5,663 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $810,000 $268 Per Sq Ft

16 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Living Room
  • Property is near public transit
  • Corner Lot
  • Shops

About This Home

As of June 2024

Get ready for a great opportunity! This 4-family home in Peabody, MA offers the perfect investment property. Located in a prime in-town location, complete with convenient parking and close proximity to shopping and highways, this property prioritizes convenience for its residents. Each unit provides 1 bedroom, a full bathroom, a spacious kitchen, and living room space, offering just the right amount of comfort and space. With hardwood and vinyl flooring, the units gives durability and practicality. Plus, with all separate systems in place, managing this property is incredibly straightforward. Don't miss out on this great investment opportunity—act now before it's gone!

Last Agent to Sell the Property

William & Veroni Real Estate Team

eXp Realty Listed on: 03/26/2024

eXp Realty

Last Buyer's Agent

William & Veroni Real Estate Team

eXp Realty Listed on: 03/26/2024

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,532

Year Built

  • Built in 1900

Lot Details

  • 5,715 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,024 Sq Ft Home
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Schools

  • William A Welch Elementary School
  • J Henry Higgins Middle School
  • Peabody Veteran High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,625
  • Rent includes unit 1(hot water none), unit 2(hot water), unit 3(hot water), unit 4(hot water)
  • Assessor Parcel Number M:0094 B:0100,2106502

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $44,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,532

Year Built

Built in 1900

Lot Details

5,715 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Vinyl, Varies, Hardwood
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 3024
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC0342
  • MAIN SO: AC0342

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Individual, Unit Control
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat
  • Rent Includes: Unit 1(Hot Water,None), Unit 2(Hot Water), Unit 3(Hot Water), Unit 4(Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0094 B:0100,2106502
  • Zoning: BN
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5715
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6532

Multi Family

  • Net Operating Income: 44700
  • Number Of Units Total: 4
  • Total Actual Rent: 3625
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Peabody Veteran
  • Elementary School: William A Welch
  • Middle Or Junior School: J Henry Higgins
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2024 06/14/24 Sold $810,000 -6.9% $268 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/03/2024 04/03/24 Price Changed $869,900 -3.3% $288 / Sq Ft
03/26/2024 03/26/24 For Sale $900,000 -- $298 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,108 $767,600 $185,700 $581,900
2024 $6,532 $716,200 $185,700 $530,500
2023 $4,727 $496,500 $161,500 $335,000
2022 $4,726 $467,900 $144,200 $323,700
2021 $4,683 $446,400 $131,100 $315,300
2020 $4,705 $438,100 $131,100 $307,000
2019 $4,541 $412,400 $131,100 $281,300
2018 $3,977 $347,000 $123,700 $223,300
2017 $3,949 $335,800 $123,700 $212,100
2016 $3,919 $328,800 $123,700 $205,100
2015 $3,734 $303,600 $123,700 $179,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73216605

MLS Property Information Network (MLS PIN)
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