$899,000
PENDING

Estimated payment $5,482/month

Total Views 1,639
6 Beds
2.5 Baths
2,248 Sq Ft
$400 Price per Sq Ft

Highlights

  • Wood Flooring
  • Tandem Parking
  • 2 Car Garage

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY in very desirable area of Peabody. Whether you are an investor, looking to add to your portfolio, or a buyer looking for rental income to supplement your mortgage payment, this property offers it all. Located on a very quiet side street, it boasts two well-maintained, turn-key units, making them easy to rent in the HOT PEABODY RENTAL MARKET. The current rents are well below market value. In addition, there is the potential for the addition of a 3rd unit in the loft space above the garage. BUYER TO DO THEIR OWN DUE DILIGENCE ON THE POTENTIAL FOR THIS ADU.

Listing Agent

Steven Dinis

Citylight Homes LLC Listed on: 07/15/2025

Co-Listing Agent

Jason Soares

Citylight Homes LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,113

Year Built

  • Built in 1973

Lot Details

  • 5,998 Sq Ft Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,248 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Listing and Financial Details

  • Assessor Parcel Number M:0076 B:0261A,2105175

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $1,520
  • Insurance Expense $3,378
  • Water Sewer Expense $1,950
  • Operating Expense $14,106
  • Net Operating Income $35,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,113

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1973
  • Levels: 2
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Finished, Walk-Out Access, Interior Entry
  • Above Grade Finished Sq Ft: 2248
  • Living Area: 2248
  • Spa YN: No
  • Stories Total: 2
  • MAIN LO: AN6617
  • LIST PRICE PER Sq Ft: 399.91
  • PRICE PER Sq Ft: 399.91

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1950

Lot Info

  • Parcel Number: M:0076 B:0261A,2105175
  • Zoning: R1A
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5998
  • Lot Size Units: Acres
  • PAGE: 430

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7113
  • Tax Book Number: 14708

Multi Family

  • Electric Expense: 1520
  • Gross Income: 50040
  • Insurance Expense: 3378
  • Net Operating Income: 35934
  • Number Of Units Total: 2
  • Operating Expense: 14106
  • Total Actual Rent: 5400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,113 $768,100 $208,300 $559,800
2024 $6,410 $702,900 $208,300 $494,600
2023 $6,189 $650,100 $181,200 $468,900
2022 $5,901 $584,300 $161,800 $422,500
2021 $5,934 $565,700 $147,100 $418,600
2020 $5,687 $529,500 $147,100 $382,400
2019 $5,701 $517,800 $147,100 $370,700
2018 $4,765 $415,800 $138,700 $277,100
2017 $4,513 $383,800 $138,700 $245,100
2016 $4,546 $381,400 $138,700 $242,700
2015 -- $350,900 $138,700 $212,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $899,000 -- $400 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Deed -- --
Deed -- --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Credit Line Revolving
Previous Owner $200,000 No Value Available
Previous Owner $86,000 No Value Available
Previous Owner $27,000 No Value Available
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

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    Section Image

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73404899

MLS Property Information Network (MLS PIN)

APN: PEAB-000076-000000-000261-A000000-A000000