NOT LISTED FOR SALE
10 Beds
6 Baths
4,204 Sq Ft
0.29 Acres

Last Sold August 14, 2024

Last sale price $985,000 $234 Per Sq Ft

71 Days on Market

Highlights

  • Medical Services
  • Deck
  • Corner Lot
  • 0.29 Acre Lot
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of August 2024

Welcome to an exceptional investment opportunity in the heart of Peabody. This 4 family is fully rented and ready to start making you money!!! The first floor offer two units, one front and one back. Front unit is 1 bed 1 bath, back unit is 2 beds 1 full bath. Second and Third floors offers a more spacious units with large bedrooms and hardwood floors. Off Street Parking for up to 9 cars and 2 cars garage, currently used for storage, Coin Operated washer and dryer and storage in the basement. A large backyard for Peabody, adding even more value to the rental income.

Last Agent to Sell the Property

Silvia Monteiro

Dell Realty Inc. Listed on: 04/30/2024

Last Buyer's Agent

Eugene Diaz

Coldwell Banker Realty - Lynnfield

Coldwell Banker Realty - Lynnfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,631

Year Built

  • Built in 1930

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • 4,204 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Location

  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $10,550
  • Assessor Parcel Number 4177655

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Coin Laundry

Building Details

  • Net Operating Income $72,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,631

Year Built

Built in 1930

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1930
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Wood, Tile, Carpet
  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Partial, Walk-Out Access
  • Living Area: 4204
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Storm Window(s)
  • MAIN LO: AN1378
  • MAIN SO: M59500

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Roof
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Gas Oven
  • Water Source: Public
  • Hot Water: Oil, Natural Gas

Condo/Co-op/Association

  • Community Features: Medical Facility, Laundromat, Highway Access, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4177655
  • Zoning: R1A
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12502
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8631

Multi Family

  • Net Operating Income: 72600
  • Number Of Units Total: 4
  • Total Actual Rent: 10550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
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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
08/14/2024 08/14/24 Sold $985,000 -16.5% $234 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $1,179,900 0.0% $281 / Sq Ft
06/13/2024 06/13/24 For Sale $1,179,900 +19.8% $281 / Sq Ft
05/24/2024 05/24/24 Off Market $985,000 -- --
05/13/2024 05/13/24 Price Changed $1,199,900 -4.0% $285 / Sq Ft
04/30/2024 04/30/24 For Sale $1,249,900 -- $297 / 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 $8,584 $927,000 $221,900 $705,100
2024 $8,631 $946,400 $221,900 $724,500
2023 $7,130 $749,000 $198,200 $550,800
2022 $6,921 $685,200 $177,000 $508,200
2021 $6,941 $661,700 $160,900 $500,800
2020 $6,300 $586,600 $160,900 $425,700
2019 $6,071 $551,400 $160,900 $390,500
2018 $5,240 $457,200 $146,200 $311,000
2017 $5,198 $442,000 $146,200 $295,800
2016 $5,056 $424,200 $146,200 $278,000
2015 $4,764 $387,300 $142,600 $244,700
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73230707

MLS Property Information Network (MLS PIN)
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