118 Foster St, Peabody MA 01960

Peabody, MA 01960
$950,000
Est. $5,056/month
9
Beds
3
Baths
3,360
Sq Ft
$283
Price/Sq Ft
0.10
Acres
1915
Year Built
3 Family - 3 Units Up/Down
Type
20
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73183630

About this home

Investment opportunity - Located close to downtown Peabody, this three-unit building has separate meters for gas heat, hot water, and electric, as well as a low maintenance exterior, featuring vinyl siding, and vinyl replacement windows. Each unit has 3 bedrooms, one full bath, hard wood flooring, and an updated kitchen. The third floor unit offers an open floor plan with vaulted ceilings, recessed lighting, and stainless appliances. Washer/dryer hook up in the basement, potential for separate storage. There is a "right of way" for the main driveway, at the back of the property, with 4 parking spaces. 2-3 tandem parking spaces on the right side of the building. Property will be delivered fully occupied. Interior pictures are of apartment 2 & 3, prior to tenants occupying the premises. 1st and 2nd floor units are identical floor plans. Leases expire 1& 3, 9/30/24, apt. 2, 2/29/24.

Sale Statistics

Sale Overview
Original List Price: $935,000
Final Sale Price: $950,000
Difference: +$15,000 (+1.6%)
Performance Metrics
101.6%
List to Sale Ratio
Sold above asking price
20
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $278
Sale $/sq ft: $283
This property sold for $283 per square foot
Sale Summary

This property sold for 1.6% above the original asking price, indicating strong buyer demand.

With only 20 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
3 Family - 3 Units Up/Down
Property Category
Residential Income
Year Built
1915
Bedrooms
9
Full Bathrooms
3
Living Area
3,360 sq ft
Total Rooms
15
Stories
3
Levels
3

Interior Features

Flooring
Tile, Hardwood, Stone/Ceramic Tile
Heating
Baseboard, Natural Gas, Unit Control, Individual
Has Heating
Yes
Cooling
None
Has Cooling
No
Has Fireplace
No
Appliances
Range, Dishwasher, Disposal, Refrigerator, Range Hood, Microwave
Interior Features
Pantry, Lead Certification Available, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Countertops, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen
Basement Details
Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
Window Features
Skylight(s), Insulated Windows, Screens
Door Features
Insulated Doors

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Block
Foundation Area
1,120 sq ft
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,273 sq ft
Lot Size Area
0.1000
Lot Features
Easements
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
6
Parking Features
Paved Drive, Off Street, Assigned, Paved

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, Sidewalks
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,399
Tax Year
2023
Tax Assessed Value
$777,200
Tax Lot
4273
Tax Block
008
Tax Map Number
94
Parcel Number
M:0094 B:0008,2106403
Zoning
BN2
Financial Data Source
Owner

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate

Location

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Neighborhood

118 Foster St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Elementary School
Welsh
Rating information coming soon
Middle School
Higgins
Rating information coming soon
High School
Vet Mem Hs
Rating information coming soon

Monthly Payment Calculator

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%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $617
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.6%
Price Range
22
Total Days on Market

Property Timeline

Sold
Jan 8, 2024
$950,000
Property sold
Days on Market: 22
🏠
Listed for Sale
Nov 29, 2023
$935,000
Original listing
Office: Armstrong Field Real Estate

Price & Status History

Date Event Price Change
Nov 29, 2023 New Listing Added $935,000

Market Statistics

Days on Market
20 days
Price per Sq Ft
$283

Tax History

Year Taxes Assessment
2023 $7,399 $777,200

Financial Details

Annual Property Tax
$7,399
Tax Year 2023
Assessed Value
$777,200

Listing Information

Listing Agent Catherine St. Pierre
Listing Office Armstrong Field Real Estate
Agent MLS ID C8001712
Office MLS ID C95180

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