61 Tracey Street, Peabody MA 01960

Peabody, MA 01960
$890,900
Est. $4,742/month
4
Beds
3
Baths
3,184
Sq Ft
$280
Price/Sq Ft
0.10
Acres
1991
Year Built
2 Family - 2 Units Up/Down
Type
12
Days on Market
Closed Listed Sep 29, 2025 • MLS# 73327811

About this home

Tremendous Opportunity for Investors or Owner Occupants! This 2-family property offers incredible potential for cash flow with its modern updates that make it an irresistible value. The 1st floor unit features 2 bedrooms and 2 full bathrooms, boasting a spacious living area with ample natural light and an updated kitchen with newer appliances. Additionally, there is a large family room and an office located on the lower level . The 2nd floor unit comprises of 2 bedrooms and 1 bathroom, with a kitchen that also has newer appliances and a walk-up attic for extra storage. Both units have numerous updated features, including new bathroom vanities, light fixtures, windows, and newer hot water tanks to name a few.. The property also includes added storage in the basement, a shared washer/dryer, and an outdoor shed. Close to shopping and major highways. This is a must-see property that won't last long! Open houses Sat. 1/25 & Sun.1/26 from 11:00 to 12:30. No showing until open houses.

Sale Statistics

Sale Overview
Original List Price: $885,900
Final Sale Price: $890,900
Difference: +$5,000 (+0.6%)
Performance Metrics
100.6%
List to Sale Ratio
Sold above asking price
12
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $278
Sale $/sq ft: $280
This property sold for $280 per square foot
Sale Summary

This property sold for 0.6% above the original asking price, indicating strong buyer demand.

With only 12 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1991
Bedrooms
4
Full Bathrooms
3
Living Area
3,184 sq ft
Total Rooms
10
Stories
3
Levels
3

Interior Features

Flooring
Wood, Tile, Carpet
Heating
Natural Gas, Electric, Forced Air
Has Heating
Yes
Cooling
Central Air
Has Cooling
Yes
Has Fireplace
No
Appliances
Washer, Dryer, Range, Dishwasher, Refrigerator, Range Hood
Interior Features
Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Bathroom With Tub, Living Room, Kitchen, Family Room, Laundry Room, Office/Den
Laundry Features
Washer & Dryer Hookup
Basement Details
Full, Walk-Out Access
Window Features
Insulated Windows

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Exterior Features
Rain Gutters
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.10 acres
Lot Size
4,556 sq ft
Lot Size Area
0.1000
Lot Features
Easements, Gentle Sloping
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Shared Driveway, Off Street, Paved

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$6,943
Tax Year
2025
Tax Assessed Value
$749,800
Tax Block
0019-A
Tax Map Number
0076
Parcel Number
076019A,2104890
Zoning
R2

Additional Details

Year Built Source
Public Records
Year Built Details
Actual
Exclusions
The Washer & Dryer In Unit 1 And Outdoor Surveillance Cameras Are Excluded From The Sale.

Location

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Neighborhood

61 Tracey Street, Peabody MA 01960

Peabody, MA 01960

Walkability

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Schools

Middle School
Higgins
Rating information coming soon
High School
Peabody Vets.
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $579
Homeowners Insurance $200
PMI $0

Property History

Market Insights

0.6%
Price Range
13
Total Days on Market

Property Timeline

Sold
Feb 28, 2025
$890,900
Property sold
Days on Market: 13
🏠
Listed for Sale
Jan 21, 2025
$885,900
Original listing
Agent: Luciano Leone Team Office: RE/MAX 360

Price & Status History

Date Event Price Change
Jan 21, 2025 New Listing Added $885,900

Market Statistics

Days on Market
12 days
Price per Sq Ft
$280

Tax History

Year Taxes Assessment
2025 $6,943 $749,800

Financial Details

Annual Property Tax
$6,943
Tax Year 2025
Assessed Value
$749,800

Listing Information

Listing Agent Luciano Leone Team
Listing Office RE/MAX 360
Agent MLS ID TM300442
Office MLS ID AN8815

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