62 Wallis St Peabody, MA 01960
Peabody Town Center NeighborhoodEstimated payment $6,909/month
Highlights
- Medical Services
- Property is near public transit
- Solid Surface Countertops
- 0.53 Acre Lot
- Wood Flooring
- Porch
About This Home
A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level features a finished in-law suite. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are submetered and the responsibility of the tenants. First day of tours, Saturday, July 5th.
Listing Agent
James Pham
RE/MAX Partners Listed on: 07/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,677
Year Built
- Built in 1985
Lot Details
- 0.53 Acre Lot
- Garden
Parking
- 1 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 4,276 Sq Ft Home
- Property has 2 Levels
- Family Room
- Living Room
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Microwave
- Solid Surface Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number 2104755
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
Additional Features
- 3 Units
- Net Operating Income $61,800
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/11/2025 07/11/25 | Pending | -- | -- | -- |
07/01/2025 07/01/25 | For Sale | $1,120,000 | -- | $262 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73398645

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