Contingent
258 Washington St, Peabody, MA
Peabody · MA 01960
- $965,000
- Price
- 8
- Beds
- 3
- Baths
- 3000
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1880
Units:
3 Units
Lot size:
7,449 Sq.Ft Lot
Price per square foot:
$322 / Sq.Ft
Parking:
9 Off Street Spaces
About this home
Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed strong interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
Neighborhood & Transit
258 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:
- 84 days
- Listing Price:
- $965,000
- Price per Sq.Ft:
- $322
- Tax Assessment:
- $784,100 in 2025
- Taxes:
- $605 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 3,000 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3000
- Flooring
- Unknown
- Lead paint
- Certified Treated
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- 200 Amps
Exterior Features
- Lot Size
- 7,449 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 9 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Aluminum
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Michael Rauseo
- Listing office
- Better Homes and Gardens Real Estate - The Shanahan Group
- MLS PIN #
- 73562856
- Disclosure
- Seller intends to use proceeds of sale to execute a 1031 exchange. Property has already been identified and is under contract