$10,000,000
New3 Bourbon St
Peabody, MA, 01960
Commercial · MLS #73575777
Days on market
2 days
Lot size
2.39 ac
2.39 acres
Lot
About this home
Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.
Location
3 Bourbon St, Peabody, MA, 01960
Property details
- Parking
- Deeded, Paved Driveway
Listed by Jenna DeRose · NextGen Realty, Inc.
Schedule a showing
3 Bourbon St
Estimated payment
$66,108 / month
Loan term
- Principal & interest
- $51,941
- Property tax
- $10,000
- Home insurance
- $4,167
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).