62-R Wallis Street, Peabody MA 01960

Peabody, MA 01960
$1,120,000
Est. $5,961/month
9
Beds
5
Baths
4,276
Sq Ft
$262
Price/Sq Ft
0.53
Acres
1985
Year Built
3 Family
Type
74
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73398645

About this home

Back on Market due to appraisal error: This is a three unit prop. not four. This property A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level is partially finished with exterior entry. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are sub-metered

Facts & Features

Property Overview

Property Type
3 Family
Property Category
Residential Income
Year Built
1985
Bedrooms
9
Full Bathrooms
5
Living Area
4,276 sq ft
Total Rooms
18
Stories
4
Levels
4

Interior Features

Flooring
Carpet, Laminate, Hardwood
Heating
Natural Gas
Has Heating
Yes
Cooling
Ductless
Has Cooling
Yes
Has Fireplace
No
Appliances
Range, Microwave, Refrigerator
Interior Features
Stone/Granite/Solid Counters, Upgraded Countertops, Remodeled, Living Room, Kitchen, Family Room
Laundry Features
Electric Dryer Hookup, Washer Hookup
Basement Details
Full, Partially Finished

Exterior & Structure

Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters, Garden, Other
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.53 acres
Lot Size
23,292 sq ft
Lot Size Area
0.5300
Road Frontage Type
Public

Parking & Garage

Garage Spaces
1
Has Garage
Yes
Total Non-Garage Parking Spaces
8
Parking Features
Paved Drive, Off Street
Covered Parking Spaces
1

Utilities & Systems

Utilities Available
for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,677
Tax Year
2025
Tax Assessed Value
$1,045,000
Parcel Number
2104755
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Roof is around 5 years old, except for a small portion of the roof wasn't done. The heating system could be 20 yrs old or older.

Location

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Neighborhood

62-R Wallis Street, 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 $806
Homeowners Insurance $200
PMI $0

Property History

Market Insights

Property Timeline

🏠
Listed for Sale
Jul 1, 2025
$1,120,000
Original listing
Agent: James Pham Office: RE/MAX Partners
🏠
Listed for Sale
Jul 1, 2025
$1,120,000
Original listing
Agent: James Pham Office: RE/MAX Partners

Price & Status History

Date Event Price Change
Jul 1, 2025 New Listing Added $1,120,000
Jul 1, 2025 New Listing Added $1,120,000

Market Statistics

Days on Market
74 days
Price per Sq Ft
$262

Tax History

Year Taxes Assessment
2025 $9,677 $1,045,000

Financial Details

Annual Property Tax
$9,677
Tax Year 2025
Assessed Value
$1,045,000

Listing Information

Listing Agent James Pham
Listing Office RE/MAX Partners
Agent MLS ID CN218964
Office MLS ID G62134

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