Two family house with many updates located on a dead-end street near downtown Peabody. First floor is 5/2/1. Tenant pays $1850 now and will pay $1900 beginning June 1st. The lease expires 12/31/25. The second floor is a 6/2/1. It needs some cosmetic work, but overall, this home is in terrific shape. The expensive systems are done. Roof 2017, front porch rebuilt in 2019. On the 1st floor, the kitchen was renovated in 2012, new bathfitters shower 2017, windows 2021 (with transferrable warranty), gas furnace 2013, water heater 2021. On the 2nd-floor, gas furnace 2015 & gas water heater 2022. Gas & electricity are separately metered, and water/sewer/trash runs about $1200/year. A large storage shed and level backyard round out this great investment opportunity.
Sale Statistics
Sale Overview
Original List Price:$650,000
Final Sale Price:$700,000
Difference:
+$50,000 (+7.7%)
Performance Metrics
107.7%
List to Sale Ratio
Sold above asking price
6
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft:$367
Sale $/sq ft:$395
This property sold for $395 per square foot
Sale Summary
This property sold for 7.7% above the original asking price, indicating strong buyer demand.
With only 6 days on market, this was a quick sale compared to typical market conditions.
Ceiling Fan(s), Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen, Office/Den
Laundry Features
Washer Hookup, Dryer Hookup, Electric Dryer Hookup
Basement Details
Full, Bulkhead, Concrete, Unfinished
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Stone, Brick/Mortar
Patio/Porch Features
Porch
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.12 acres
Lot Size
5,075 sq ft
Lot Size Area
0.1200
Lot Features
Level
Road Surface Type
Paved
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Paved Drive, Off Street, Tandem
Utilities & Systems
Utilities Available
for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered
Community & HOA
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
Senior Community
No
Financial & Tax Information
Annual Tax Amount
$5,581
Tax Year
2025
Tax Assessed Value
$602,700
Parcel Number
M:0075 B:0255A,2104819
Zoning
R2
Additional Details
Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
According to MA Lead Safe Homes, U1 has Letter Compliance from '92. Seller is in the process of getting a new one for U1 ONLY. Room off dining room on 2nd flr does not have heat. All electric baseboards are disconnected. There is no electric meter for common areas. W/D on 1st floor belong to tenant
Exclusions
Tenant's Personal Property, Including Washer & Dryer On The 1st Floor And Items In Shed.
