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

Sale Details

Date 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

  • 12,502 Sq Ft 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

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
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

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 $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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