115 Lynn St, Peabody MA 01960

Peabody, MA 01960 • South Peabody
$749,999
Est. $4,498/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
2
Baths
1,926
Sq Ft
$389
Price/Sq Ft
0.15
Acres
1935
Year Built
3
Garage Spaces
New today
Time on Market
For Sale Listed Nov 2, 2026 • MLS# 73597548 Copied! • Updated Nov 2, 2026

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About this home

OPPORTUNITY KNOCKS, TWO-FAMILY WITH 3-BAY GARAGE, SEPARATE UTILITIES & AMPLE PARKING! Fantastic opportunity to own a versatile two-family residence at 115 Lynn Street in Peabody! This classic Old-Style home, built in 1935, offers approximately 1,926 square feet of living space with two separate units, each featuring 2 bedrooms and 1 full bath. With a total of 8 rooms and 4 bedrooms, this property is ideal for investors, owner-occupants looking to offset their mortgage, or those seeking multi-generational living. Additional highlights include separate utilities, a desirable 3-bay garage, and plenty of off-street parking on a paved driveway. Situated on a 6,625-square-foot lot, the property also features a full basement with great storage and interior and exterior accesss. Conveniently located close to downtown Peabody, with easy access to major highways, shopping, restaurants, and area amenities. A wonderful opportunity to own a multi-family property offering flexibility, income potential, and valuable garage space.The upper level offers an opportunity to possibly finish and gain extra square footage. The garage and attic both have endless expansion possibilities. Don't miss out!

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 2, 2026
$749,999
Original listing
Agent: Steven Graczyk Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2026 $6,069 $640,900

Financial Details

Annual Property Tax
$6,069
Tax Year 2026
Assessed Value
$640,900

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1935
Living Area 1,926 sq ft
Lot Size 0.15 acres
Stories 3
Bedrooms 4
Full Baths 2
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $1,800/mo · N
Unit 2 Rent $1,800/mo · N
Total Monthly Rent $3,600/mo
Gross Income $43,200
Net Operating Income $43,200
Cap Rate 5.76%
Heating Oil
Cooling None
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Refrigerator
Fireplace None
Basement Full, Bulkhead, Slab, Unfinished
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 3
Has Garage Yes
Features Paved Drive, Driveway, Paved
Total Spaces 10
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,069
Assessed Value $640,900
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color GRAY
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1935
Bedrooms
4
Full Bathrooms
2
Living Area
1,926 sq ft
Total Rooms
8
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full, Bulkhead, Slab, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1935
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Utilities & Systems

Heating: Oil
Heating Zones: 2
Cooling:
Hot Water: Oil
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 10
Parking Features: Paved Drive, Driveway, Paved
School District
Peabody School District local
C-
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

3 schools
B-
Captain Samuel Brown School
0.2 mi | #493 of 825 | Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students Diverse
Rising School
Grades K-05
B+
South Memorial School
0.4 mi | #272 of 825 | Score: 51.7
Improved 233 spots from last year
-6.5 below state avg
446 students Moderate
Rising School
Grades PK-05
C
William A Welch Sr School
1.1 mi | #660 of 825 | Score: 37.8
Improved 130 spots from last year
-20.4 below state avg
400 students Diverse
Rising School
Grades K-05
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
1.2 mi | #235 of 352 | Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students Diverse
Grades 06-08
C+
Pickering Middle School
1.7 mi | #229 of 352 | Score: 38.5
Improved 78 spots from last year
-19.7 below state avg
539 students Diverse
Rising School
Grades 06-08
B-
Collins Middle School
2.3 mi | #203 of 352 | Score: 40.3
Improved 76 spots from last year
-17.9 below state avg
753 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
B+
Salem High School
2.0 mi | #124 of 346 | Score: 58.3
Dropped 4 spots from last year
+0.1 above state avg
960 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
D
Lynn English High School
2.4 mi | #315 of 346 | Score: 35.5
Improved 40 spots from last year
-22.7 below state avg
1,727 students Moderate
18 sports • 1,425 athletes
Early College Program Rising School Career Tech Programs Strong Athletics
Grades 09-12
Bishop Fenwick High School
2.6 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $506
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

South Peabody

115 Lynn St, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Steven Graczyk
Listing Office J. Barrett & Company
Office Phone 978-922-3683
Agent MLS ID CN209553
Office MLS ID AC2087
Listing Data Updated Nov 2, 2026 8:11 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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