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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
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
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
118 Foster St, Peabody MA 01960
Peabody, MA 01960
Walkability
Schools
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jan 8, 2024Listed for Sale
Nov 29, 2023Date | Event | Price | Change | $/sqft | Details |
---|---|---|---|---|---|
01/08/2024 | ✓ Sold | $950,000 | - | - | Property sold |
11/29/2023 | 🏠 Listed for Sale | $935,000 | - | - | Original listing |