Sold
111 Main St, Peabody, MA
Peabody · MA 01960
- $4,000,000
- Price
- 27
- Beds
- 21
- Baths
- 10152
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 2000
Units:
21 Units
Lot size:
0.3 Acre Lot
Price per square foot:
$424 / Sq.Ft
Parking:
12 Off Street Spaces
About this home
111 Main Street consists of two desirable, three-story buildings and contains a total of twenty-one residential units comprised of a three family property (front building) consisting of three 3-Bedroom/1 Bathroom units, and an 18-unit building (rear building) with eighteen Studio units. The well-maintained Property has received significant capital investment improvements since acquisition, including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment and is ideal for a potential buyer looking for income growth and strong returns
Neighborhood & Transit
111 Main St, Peabody · MA 01960
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 700 days
- Listing Price:
- $4,300,000
- Price per Sq.Ft:
- $424
- Tax Assessment:
- $2,958,700 in 2024
- Taxes:
- $2,249 / Monthly
Home Facts
Interior Features
- Bedrooms
- 27
- Full Bathrooms
- 21
- Half Bathrooms
- 0
- Living Area
- 10,152 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 10152
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 13,068 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 12 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Wood, Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Kelleher - Pentore Team
- Listing office
- Horvath & Tremblay
- MLS PIN #
- 73316838
- Disclosure
- Total Monthly Rent is $33,891. The maximum total monthly rent allowed by MLS is $32,767