258 Washington Street, Peabody, MA 01960
258 Washington Street, Peabody, MA 01960
258 Washington Street, Peabody, MA 01960
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$980,000
Est. payment /mo
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8 Beds
3 Baths
3,000 SqFt
Open Sun 12PM-3PM

258 Washington Street Peabody, MA 01960

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Eric Coury

Eric Coury

Keller Williams Elite

+1(508) 838-6956

Open House

Sun Aug 16, 12:00pm - 3:00pm

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Key Details

Property Type Multi-Family

Sub Type 3 Family - 3 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $326

MLS Listing ID 73562856

Bedrooms 8

Full Baths 3

Year Built 1880

Annual Tax Amount $7,261

Tax Year 2025

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 3 Family - 3 Units Up/Down

Property Description

Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.

Location

State MA

County Essex

Zoning R2

Direction Lynnfield Street to Washington Street

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen, Office/Den

Laundry Electric Dryer Hookup

Exterior

Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access

Utilities Available for Gas Range, for Electric Range, for Electric Dryer

Roof Type Shingle

Total Parking Spaces 9

Garage No

Building

Story 3

Foundation Stone, Brick/Mortar

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Better Homes and Gardens Real Estate - The Shanahan Group
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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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Tricia Coury
Tricia Coury

Executive Real Estate Specialist - Team Leader | License ID: res.0042126

+1(508) 838-6956 | tricia@triciacoury.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

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Tricia Coury

Executive Real Estate Specialist - Team Leader

+1(508) 838-6956

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Eric Coury

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Keller Williams Elite, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.