Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!
2,870 Sq Ft
3,511 Sq Ft Exterior Space
Investment
$6,828 Annual Tax
Built in 1900
MLS/Listing ID 73330578
6 Stories
4 Units
Parking - Paved
Enclosed
Cooling - Window Units
Laminate
Heating - Baseboard
Living Room
Parking - Driveway
Parking - Assigned
Lot - Gentle Sloping
Dining Room
Listing Courtesy of COMPASS, ALEXANDER KOZIAKOV - 617-755-4484
Source of Data: MLS PROPERTY INFORMATION NETWORK