Presenting an exceptional investment opportunity in the heart of downtown Peabody: a fully occupied building featuring five one-bedroom apartments, each equipped with its own dedicated parking space. This prime location offers unparalleled convenience, with tenants benefiting from close proximity to bus lines, major commuter routes, and the train station, ensuring easy and efficient travel options. The rental package includes heat and hot water, streamlining the billing process and significantly boosting tenant satisfaction. This well-maintained property is poised to provide a steady income stream and long-term appreciation potential for discerning investors. This is a value-added opportunity as rents are below market with utilities included. Buyers should perform due diligence in all matters when considering a possible acquisition.
MLS# | 73244976 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1900 |
Days On Site | 110 |
Listing Provided By | Keller Williams Realty | Vivien Marcus |
Bed(s) | 5 |
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Bath(s) | 5 Total |
SQ Feet | 2,516 |
Basement | Y |
Story(s) | 2 |
Units | 5 |
Zoning | BC |
Acreage | 0.10 |
State | MA |
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County | Essex |
City | Peabody |
Zip Code | 01960 |
Area | Essex |
Listing VS Median (in 01960) | |
Price: $1,250,000 low | high Med: $549,900 SqFt: 2,516 low | high Med: 1,132 $ / SqFt: $497 low | high Med: $486 On Site: 110 low | high Med: 97.000000 |