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!
Other Interior Features: Living Room, Kitchen, Dining Room
Exterior & Building
Stories: 6
Water Source: Public
Utilities: for Gas Range, for Gas Oven
Roof: Shingle
Lot Features: Gentle Sloping
Parking: Paved Drive, Off Street, Assigned, Driveway, Paved
Heat Type: Forced Air, Natural Gas, Baseboard
Air Conditioning: Window Unit(s)
Sewer: Public Sewer
Substructure: Stone, Brick/Mortar
Financial
Sales Price: $899,995
Real Estate Tax: $6,828/yr
Zoning: R4
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