For Sale

153R Washington St, Peabody, MA

Peabody · MA 01960

$649,900
Price
3
Beds
3
Baths
1536
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1940
Units: 3 Units
Lot size: 5,759 Sq.Ft Lot
Price per square foot: $423 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Rare ranch-style 3-family opportunity in Peabody! Each unit offers single-level living with 1 bedroom, 1 bath, a living room and kitchen. Tucked behind other buildings off a busy street, this property is within walking distance of downtown Peabody, local restaurants and everyday amenities. Two units are occupied by long-term, month-to-month tenants who would like to stay—an appealing opportunity to owner-occupy while collecting rent from the other two units. Updates include a new roof (2022), new hot water heater (2026), recently painted interior in Unit 3 and newly glazed tubs in Units 1 and 2. Three (3) private parking spaces, with room for a fourth using tandem parking. Each unit has dedicated storage in the large, dry basement. Current rents include heat and are below market, offering potential for increased rental income and equity through future improvements. A unique opportunity for investors and owner-occupants alike!

Neighborhood & Transit

153R Washington 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:
5 days
Listing Price:
$649,900
Price per Sq.Ft:
$423
Tax Assessment:
$575,700 in 2025
Taxes:
$444 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Living Area
1,536 Sq.Ft
Broker Disclosure about Living Area
Does not include basement. Each unit has its own storage area in basement.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1536
Flooring
Unknown
Lead paint
Yes

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Individually Metered

Exterior Features

Lot Size
5,759 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Deborah Higgins
Listing office
Keller Williams Realty
MLS PIN #
73596952
Disclosure
Note that property has never been tested for lead paint during Seller's ownership, but Seller's 07research found a record that indicates a test was done previously where lead paint was found. Unable to confirm if the record was for this property (153R) or 153.
Disclosure
Does not include basement. Each unit has its own storage area in basement.