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16 Sewall St, Peabody, MA

Peabody · MA 01960

$800,000
Price
6
Beds
3
Baths
2860
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2011
Units: 2 Units
Lot size: 5,798 Sq.Ft Lot
Price per square foot: $315 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

GREAT INVESTMENT OPPORTUNITY/OWNER OCCUPANT-This young duplex consisting of 6 bedrooms 2 full as built in 2011. Each & 2 half baths. Each unit hosts a large living room, a generous size ceramic tiled eat in kitchen w/a side entry to the driveway, a half bath off the kitchen w/laundry hook up, 3 spacious bedrooms & a full bath w/ceramic tile flooring. Each unit has a driveway which could fit up to 4 vehicles, a rear & a side yard area. Cost effective electric baseboard heating (no heating system to maintain/replace). Peabody Electric offers the lowest electrical costs available & offers additional cost savings via 20% discount if paid within 10 days of the bill date. 200 AMP service each unit. Property to be delivered vacant. Potential rents range between $3,000-$3,500 per unit=income potential of $72k -$84k w/an attractive CAP RATE! Great location close to downtown, shopping, restaurants, public transportation, major routes & historic Salem. Freshly painted & new carpeting for buyer.

Neighborhood & Transit

16 Sewall 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:
1290 days
Listing Price:
$899,900
Price per Sq.Ft:
$315
Tax Assessment:
$727,100 in 2023
Taxes:
$577 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
2
Half Bathrooms
2
Living Area
2,860 Sq.Ft
Broker Disclosure about Living Area
Refer to floor plans for details
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2860
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
400 Amps

Exterior Features

Lot Size
5,798 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
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
Maria Salzillo
Listing office
J. Barrett & Company
MLS PIN #
73102216
Disclosure
Property will be vacant 6/1/2023
Disclosure
Refer to floor plans for details