11 Park St, Peabody MA 01960
About this home
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.
Sale Statistics
This property sold for 12.0% below the original asking price.
At 102 days on market, this property took longer than average to sell.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
11 Park St, Peabody MA 01960
Peabody, MA 01960
Walkability
Schools
School information not available
Monthly Payment Calculator
Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Oct 15, 2024Listed for Sale
May 30, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 10/15/2024 | ✓ Sold | $1,100,000 | - | - | Property sold |
| 05/30/2024 | 🏠 Listed for Sale | $1,250,000 | - | - | Original listing |