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78 Endicott St, Peabody MA 01960 – 8 bed 4 bath For Sale – 73330578

$ 899,995
78 Endicott St, Peabody MA 01960,

Overview

  • Updated On:
  • February 4, 2025
  • listingid
  • 73330578
  • 8 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 6 Non-Garage Parking Spaces
  • 1900
  • HOA Fee

Description

Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!

Property Details

Property Id: 1698044
Price: $ 899,995
Property Size: 2,870.00 ft2
Property Lot Size: 0.08 ft2
Rooms: 16
Bedrooms: 8
Bathrooms: 4
Full Bath: 4
Total Bathrooms: 4
Disclosures: Y
Basement: Sump Pump
Last Updated: 2025-02-04T17:35:32.453Z
Building Area Source: Public Records
Building Area Total: 2870
Building Area Units: Square Feet
Community Features: Public Transportation,Shopping,Park,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,University
Contingency: Pending P&S
Cooling: Window Unit(s)
Directions: Use google maps
Disclosures: 2 units to be delivered vacant,3rd unit claims they are moving out 3/1/25,4th unit yet to secure housing to our knowledge,remaining tenants are month to month. New sump pump installed. Buyer and buyer's agent to do due diligence
Electric: 100 Amp Service,Individually Metered
Electric Expense: 600
Expiration Date: 1900-01-01
Financial Data Source: Estimated,Owner
Flooring: Wood,Tile,Carpet,Laminate
Foundation Details: Stone,Brick/Mortar
Gross Income: 22200
Heating: Forced Air,Natural Gas,Baseboard
Insurance Expense: 9600
List Agent MlsId: CT005507
List Office MlsId: AN3337
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-01-29
Listing ID: 73330578
Lot Features: Gentle Sloping
Lot Size: 0.08
Lot Size SqFt: 3511
Lot Size Units: Acres
Anticipated Sale Date: 2025-03-17T04:00:00.000Z
Date Available: No
Bedroom 1: 2
Bedroom 2: 2
Bedroom 3: 2
Bedroom 4: 2
Bath 1: 1
Bath 2: 1
Bath 3: 1
Bath 4: 1
Heating Units: 4
Heating Zones: 4
Hot Water: Natural Gas
Lead Paint: Unknown
Lease 1: N
Lease 2: N
Lease 3: N
Lease 4: N
Unit 1 Living Levels: 1
Unit 2 Living Levels: 1
Unit 3 Living Levels: 1
Unit 4 Living Levels: 1
Listing Alert: No
Price Per SqFt: 313.59
Days in Market: 6
Total Days on Market: 6
Open House: 1
Price Per SqFt: 313.59
Unit 2 Rent: 1000
Unit 4 Rent: 850
Living Area Includes Basement: No
Team Member: TM342460
MLS Status: Contingent
Last Updated: 2025-02-04T17:34:00.000Z
Net Operating Income: 17400
Number Of Units: 4
Operating Expense: 18400
Original List Date: 2025-01-29T23:54:00.000Z
Original List Price: 899995
Parcel Number: M:0074 B:0075C,2104199
Parking Features: Paved Drive,Off Street,Assigned,Driveway,Paved
Total Parking: 6
Patio And Porch Features: Enclosed
Purchase Contract Date: 2025-02-03
Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Road Type: Public
Roof: Shingle
Sewer: Public Sewer
State: MA
Status Change Time: 2025-02-04T17:34:00.000Z
Total Stories: 6
Tax Annua lAmount: 6828
Tax Assessed Value: 737400
Tax Year: 2025
Total Actual Rent: 1850
Utilities: for Gas Range,for Gas Oven
Water/Sewer Expense: 4200
Water Source: Public
Year Built: 1900
Year Built Details: Actual
Year Built Source: Public Records
Zoning: R4

Amenities and Features

Other Features
Dining Room
Dryer
Has Cooling System
Has Heating System
Kitchen
Living Room
Microwave
Open Parking
Range
Refrigerator
Washer

Property Address

Address: 78 Endicott St, Peabody MA 01960
City:
State/County:
Zip: 01960
Country: US

Payment Calculator

$ 5,156.74
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,316.74

Map

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Hospitals

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78 Endicott St, Peabody MA 01960 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

 

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Quick Property Details

  • Price: $ 899,995
  • Additional Price Info:
  • Total Rooms: 16
  • Bedrooms: 8
  • Bathrooms: 4
  • Lot Size: 0.08 ft2
  • Architectural Style:
  • Cooling: Window Unit(s)
  • Heating: Forced Air,Natural Gas,Baseboard
  • Basement: Sump Pump
  • Fireplace Features: ; Total Fireplaces: 0
  • Construction Materials:
  • Sewer: Public Sewer
  • Water Source: Public
  • Year Built: 1900
  • Number of Stories: 6
  • Parking: Paved Drive,Off Street,Assigned,Driveway,Paved; Spaces: 6, Covered: 0, Garage: 0
  • HOA Fee: ()
  • Agent: 57
  • MLS Status: Contingent
  • Full Bathrooms: 4, Half Bathrooms: 0
  • Tax Annual Amount: 6828
  • Zoning: R4

Additional Property Details

  • Stories Total: 6
  • Structure Type:
  • Accessibility Features:
  • Association Amenities:
  • Foundation Details: Stone,Brick/Mortar
  • Roof: Shingle
  • Window Features:
  • Pool Features:
  • Spa Features:
  • Pets Allowed:
  • View:
  • Waterfront Features:
  • Lot Features: Gentle Sloping

Quick Stats

Size: 2,870.00 ft2 |
Original List Price: 899995 |
Modified On: 2025-02-04T17:34:00.000Z |
Property Condition:

View count: 8

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Steven Novak