$980,000
Back on Market258 Washington Street
Peabody, MA, 01960
Multi-Family · MLS #73562856
Price/sqft
$327
Days on market
32 days
Year built
1880
Lot size
0.17 ac
3 full
Baths
3,000 sq ft
Sq Ft
0.17 acres
Lot
1880
Year Built
Taxes: $7,261 (2025)
About this home
BOM - Seller Financing fell through ***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 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 23 years old, and heating systems ranging from approximately 310 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.
Location
258 Washington Street, Peabody, MA, 01960
Property details
- Road type
- Public
- Basement
- Full
- Electric
- 200 Amps
Listed by Michael Rauseo · Better Homes and Gardens Real Estate - The Shanahan Group
Schedule a showing
258 Washington Street
Estimated payment
$6,245 / month
Loan term
- Principal & interest
- $5,232
- Property tax
- $605
- Home insurance
- $408
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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