258 Washington Street

Peabody, MA 01960
Beds
8
Baths
3
Square Ft.
3,000
$965,000
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 strong interest… Read MoreRead Less
Courtesy of Better Homes and Gardens Real Estate - The Shanahan Group, Michael Rauseo, 781-729-9030.
Listing Snapshot - source: Home Junction
Days Online
82
Last Updated
Property Type
3 Family - 3 Units Up/Down
Beds
8
Full Baths
3
Square Ft.
3,000
Lot Size
0.17 Acres
Year Built
1880
MLS Number
73562856
30 Days Snapshot - source: Home Junction
Property Location Map
Additional Details
Property Access
Frontage Type: Public
Basement
Full
Building
Built in 1880, Year Built Details: Actual, Living area: 3000, 3 stories, Levels: 3, Construction Materials: Frame
Community
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Disclosures
Seller intends to use proceeds of sale to execute a 1031 exchange. Property has already been identified and is under contract
Expenses
Electric: $300, Insurance: $4,200, Operating: $14,960, Water/Sewer: $2,000
Exterior Features
Patio/Porch Features: Porch
Foundation
Stone, Brick/Mortar
Income
Gross Income: $70,800, Net Operating Income: $58,840
Interior Features
Living Room, Kitchen, Office/Den
Laundry
Electric Dryer Hookup
Lot
0.17 acres
Parking
9 open parking spaces, 9 total parking spaces, Paved Drive, Off Street
Property
Farm Land area units: Square Feet
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 2106578, Annual Amount: $7,261, Assessed Value: $784,100, Tax Book Number: 19870, Year: 2025, Zoning: R2
Utilities
for Gas Range, for Electric Range, for Electric Dryer, Water Source: Public, 200+ Amp Service
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