Back on Market, please read disclosures. 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 73386721
6 Stories
4 Units
Community - Public Transportation
Community - Shopping
Community - Park
Community - Medical Facility
Community - Laundromat
Community - Bike Path
Community - Highway Access
Community - House of Worship
Community - Private School
Community - Public School
Stone
Brick Mortar
Shingle
Enclosed
Parking - Paved
Parking - Driveway
Parking - Assigned
Parking - Off Street
Lot - Gentle Sloping
Dining Room
Living Room
Heating - Baseboard
Heating - Natural Gas
Heating - Forced Air
Laminate
Carpet
Community - University
Cooling - Window Units
Natural Wood
Tile
Washer
Dryer
Range
Refrigerator
Microwave
Listing Courtesy of COMPASS, ALEXANDER KOZIAKOV - 617-755-4484
Source of Data: MLS PROPERTY INFORMATION NETWORK