258 Washington St Peabody, MA 01960
South Peabody NeighborhoodEstimated payment $6,180/month
Highlights
- Medical Services
- Home Office
- Living Room
- Property is near public transit
- Porch
- Shops
About This Home
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.
Listing Agent
Better Homes and Gardens Real Estate - The Shanahan Group Listed on: 08/12/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,261
Year Built
- Built in 1880
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,000 Sq Ft Home
- Property has 1 Level
- Living Room
- Home Office
- Basement Fills Entire Space Under The House
- Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- 9 Car Parking Spaces
- Driveway
- 9 Open Parking Spaces
- Off-Street Parking
Additional Features
- Porch
- 7,449 Sq Ft Lot
- Property is near public transit
- 200+ Amp Service
Listing and Financial Details
- Assessor Parcel Number 2106578
Community Details
Overview
- 3 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Building Details
- Electric Expense $300
- Insurance Expense $4,200
- Water Sewer Expense $2,000
- Operating Expense $14,960
- Net Operating Income $58,840
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,261 | $784,100 | $196,600 | $587,500 |
| 2024 | $6,678 | $732,200 | $196,600 | $535,600 |
| 2023 | $6,094 | $640,100 | $171,000 | $469,100 |
| 2022 | $5,955 | $589,600 | $152,600 | $437,000 |
| 2021 | $5,803 | $553,200 | $138,800 | $414,400 |
| 2020 | $5,780 | $538,200 | $138,800 | $399,400 |
| 2019 | $5,402 | $490,600 | $138,800 | $351,800 |
| 2018 | $4,757 | $415,100 | $130,900 | $284,200 |
| 2017 | $4,454 | $378,700 | $130,900 | $247,800 |
| 2016 | $4,294 | $360,200 | $130,900 | $229,300 |
| 2015 | $3,958 | $321,800 | $130,900 | $190,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2026 09/23/26 | For Sale | $980,000 | 0.0% | $327 / Sq Ft |
| 08/18/2026 08/18/26 | Pending | -- | -- | -- |
| 08/12/2026 08/12/26 | For Sale | $980,000 | -- | $327 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | -- | |
| Deed | $290,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $321,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $342,861 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $356,000 | No Value Available | |
| Closed | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $297,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73562856
APN: PEAB-000094-000000-000163
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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