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149 Washington St, Peabody MA 01960

Peabody, MA 01960 • South Peabody
$1,285,000
Est. $7,569/month
8
Beds
5
Baths
4,617
Sq Ft
$278
Price/Sq Ft
0.07
Acres
1890
Year Built
70
Days on Market
Active Listed May 1, 2026 • MLS# 73511500 Copied! • Updated Jul 8, 2026

About this home

Located just south of Peabody town center- a rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Sq.This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic, street parking and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1. Rents are below market value.

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
May 4, 2026
New showing requirements
👁️
Showing Instructions Updated
May 4, 2026
New showing requirements
🏠
Listed for Sale
May 2, 2026
$1,285,000
Original listing
Agent: Lisa Leonard Office: Century 21 Mario Real Estate

Tax History

Year Taxes Assessment
2025 $10,451 $768,100

Financial Details

Annual Property Tax
$10,451
Tax Year 2025
Assessed Value
$768,100

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1890
Living Area 4,617 sq ft
Lot Size 0.07 acres
Bedrooms 8
Full Baths 4
Half Baths 2
Total Rooms 18

Investment Metrics

Units 6
Unit 1 Rent $1,900/mo · Y
Unit 2 Rent $1,700/mo · N
Unit 3 Rent $1,800/mo · N
Unit 4 Rent $1,900/mo · N
Total Monthly Rent $7,300/mo
Gross Income $97,980
Net Operating Income $52,162
Operating Expenses $45,818
Cap Rate 4.06%
Heating Baseboard
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features None
Construction Frame
Architecture None
Roof Rubber
Features None
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Porch
Features On Street
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,451
Assessed Value $768,100
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Rents Are Below Market Value. Rent Includes Heat & Hot Water-res & Com. All Units Taw With Exception To 1- Res Lease Exp 8/2026. 1 Commercial Space & 1 Residential Currently Vacant - Gross Rents Do Not Include Rental Income For Com. Space U# C1 During Vacancy. Send Offers Only. Do Not Send Loi.
Exclusions Personal Property And Tenant Possessions
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures 1st floor is commercial space approx 1515 sf
Documents None
County Essex
Total market time (incl. prior listings) 68 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
8
Full Bathrooms
4
Half Bathrooms
2
Living Area
4,617 sq ft
Total Rooms
18
Stories
5
Levels
5

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Rubber
Foundation: Slab
Stories: 5

Heating, Cooling & Utilities

Heating: Baseboard
Heating Zones: 6
Cooling:
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Parking Features: On Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $871
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

South Peabody

149 Washington St, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Lisa Leonard
Listing Office Century 21 Mario Real Estate
Office Phone 617-569-6044
Agent MLS ID BB900332
Office MLS ID BB2945
Listing Data Updated Jul 8, 2026 4:53 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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