11 Park StreetPeabody, MA 01960MLS Number 73244976

  • Price: $1,250,000
  • Est. Mortgage of $/month
  • 18 Days on Market
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Federal 30-year interest rate: 6.95% last updated on Jun 13, 2024
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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11 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 0196011 Park Street Peabody MA 01960
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  • 5Bedrooms
  • 0.1Acreage
  • 5Bathrooms
  • 1900Year Built
Presenting an exceptional investment opportunity in the heart of downtown Peabody: a fully occupied building featuring five one-bedroom apartments, each equipped with its own dedicated parking space. This prime location offers unparalleled convenience, with tenants benefiting from close proximity to bus lines, major commuter routes, and the train station, ensuring easy and efficient travel options. The rental package includes heat and hot water, streamlining the billing process and significantly boosting tenant satisfaction. This well-maintained property is poised to provide a steady income stream and long-term appreciation potential for discerning investors. This is a value-added opportunity as rents are below market with utilities included. Buyers should perform due diligence in all matters when considering a possible acquisition.
Listed by Vivien Marcus of Keller Williams Realty

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Colonial Manor Realty
Colonial Manor Realty
Office: 781-290-7425
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Gross Income $77,700
  • Lot Features Corner Lot
  • Mls StatusActive
  • Parcel Number M:0085 B:0138,2105916

Location

  • Address11 Park Street
  • Building Number11
  • CountyEssex
  • StateMA
  • StreetPark Street
  • TownPeabody
  • Zip01960

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,516
  • Lot Size Square Feet 4,308
  • Lot Size Units Acres
  • Square Feet2,516

Tax Information

  • Tax Assessed Value $666,800
  • Tax Year 2024
  • Taxes$6,081

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms5
  • Full Bath5

Building

  • BasementPartial, Walk-Out Access
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationConcrete Perimeter
  • Patio And Porch Features Deck - Wood
  • Rooms15
  • Stories2
  • Units5
  • Window Features Insulated Windows
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Paved
  • Parking Spaces5

Basic Information

  • List Price$1,250,000
  • MLS Number73244976
  • Modification Date06/03/2024
  • Property SubType5-9 Family

Property

  • Acreage0.1

Interior

  • Flooring Varies

Utilities

  • Electric Circuit Breakers
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, Public School
  • Other AmenitiesBasement, Fireplace

Other

  • Buyer Agency Compensation2
  • Date Listed05/30/2024
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation2
  • View Count4
Listed by Vivien Marcus of Keller Williams Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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