78 Endicott StreetPeabody, MA 01960MLS Number 73330578

  • Price: $899,995
  • Est. Mortgage of $/month
  • 16 Days on Market
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Federal 30-year interest rate: 6.87% last updated on Feb 13, 2025
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Contingent
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  • 8Bedrooms
  • 0.08Acreage
  • 4Bathrooms
  • 1900Year Built
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!
Listed by Alexander Koziakov of Compass

Driving Directions

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

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $22,200
  • Lot Features Gentle Sloping
  • Mls StatusContingent
  • Parcel Number M:0074 B:0075C,2104199
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Location

  • Address78 Endicott Street
  • Building Number78
  • CountyEssex
  • StateMA
  • StreetEndicott Street
  • TownPeabody
  • Zip01960

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 2,870
  • Lot Size Square Feet 3,511
  • Lot Size Units Acres
  • Square Feet2,870

Other

  • Buyer Agency Compensation2
  • Date Listed01/29/2025
  • Farm Land Area Units Square Feet
  • View Count1

Tax Information

  • Tax Assessed Value $737,400
  • Tax Year 2025
  • Taxes$6,828

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms8
  • Full Bath4

Building

  • BasementSump Pump
  • Building Area Units Square Feet
  • FoundationStone, Brick/Mortar
  • Patio And Porch Features Enclosed
  • Rooms16
  • Stories6
  • Units4
  • Utilities For Gas Range, For Gas Oven
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • University
  • Appliances IncludedWasher, Dryer, Range, Refrigerator, Microwave

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Assigned, Driveway, Paved
  • Parking Spaces6

Basic Information

  • List Price$899,995
  • MLS Number73330578
  • Modification Date02/04/2025
  • Property SubType4 Family
  • Purchase Contract Date02/03/2025

Property

  • Acreage0.08

Interior

  • Flooring Wood, Tile, Carpet, Laminate
  • Interior Features Living Room, Kitchen, Dining Room

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 100 Amp Service, Individually Metered
  • Electric Expense 600
  • Heat SystemYes
  • Heating Forced Air, Natural Gas, Baseboard
  • Sewer Public Sewer
  • Water Source Public
Listed by Alexander Koziakov of Compass

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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