38 Clement Avenue, Peabody MA 01960

Peabody, MA 01960
$700,000
Est. $3,726/month
4
Beds
3
Baths
2,656
Sq Ft
$264
Price/Sq Ft
0.18
Acres
1880
Year Built
Multi Family
Type
46
Days on Market
Closed Listed Sep 28, 2025 • MLS# 73156813

About this home

Peabody Two-Family Home! BACK ON MARKET due to financing! Here is your chance to own this 2-Family Home that is a perfect opportunity for a owner occupant, investor, extended family and be able to collect rental income. The first level unit consists of Living Room, Dining Room, Kitchen, 2 Bedrooms, and 1 bath. The second level unit consists of Living Room, Eat-In-Kitchen, hardwood floors, 2 Bedrooms, Bonus Room, 1 bath, and walk-up finished attic which is not heated. Additional features include one heating unit hot air by oil with new oil tank, two separate hot water by gas, walk-out basement that is finished for extra living space with full bath, new front and rear porch, 1-car garage, off-street parking for 4+cars with double driveway and fenced yard. Property does not qualify for FHA financing. Conveniently located and close to shopping, park, and public transportation. Open House Saturday, October 7th from 12-1:30 p.m.

Sale Statistics

Sale Overview
Original List Price: $669,900
Final Sale Price: $700,000
Difference: +$30,100 (+4.5%)
Performance Metrics
104.5%
List to Sale Ratio
Sold above asking price
46
Days on Market
Average time
Price per Square Foot Analysis
Original $/sq ft: $252
Sale $/sq ft: $264
This property sold for $264 per square foot
Sale Summary

This property sold for 4.5% above the original asking price, indicating strong buyer demand.

The property spent 46 days on market before selling.

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1880
Bedrooms
4
Full Bathrooms
3
Living Area
2,656 sq ft
Total Rooms
11
Stories
3
Levels
3

Interior Features

Flooring
Tile, Vinyl, Carpet, Hardwood
Has Fireplace
No
Appliances
Range, Dishwasher
Interior Features
Bathroom with Shower Stall, Floored Attic, Walk-Up Attic, Living Room, Dining Room, Kitchen
Basement Details
Full, Partially Finished, Interior Entry, Concrete

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Stone
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.18 acres
Lot Size
7,732 sq ft
Lot Size Area
0.1800
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
2
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
220 Volts, Circuit Breakers, Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$5,181
Tax Year
2023
Tax Assessed Value
$544,200
Parcel Number
M:0104 B:0075,2108816
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Subject to Seller finding suitable housing. Property will be delivered vacant at time of delivery.
Listing Terms
Contract

Location

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Neighborhood

38 Clement Avenue, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $432
Homeowners Insurance $200
PMI $0

Property History

Market Insights

4.3%
Price Range
47
Total Days on Market

Property Timeline

Sold
Nov 30, 2023
$700,000
Property sold
Days on Market: 47
🏠
Listed for Sale
Sep 7, 2023
$669,900
Original listing
Agent: Michael Connor Office: Connor Real Estate

Price & Status History

Date Event Price Change
Sep 7, 2023 New Listing Added $669,900

Market Statistics

Days on Market
46 days
Price per Sq Ft
$264

Tax History

Year Taxes Assessment
2023 $5,181 $544,200

Financial Details

Annual Property Tax
$5,181
Tax Year 2023
Assessed Value
$544,200

Listing Information

Listing Agent Michael Connor
Listing Office Connor Real Estate
Agent MLS ID C2547066
Office MLS ID C66300

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