$1,250,000 ($496.82 per sqft)

Est. Mortgage $6,321/mo *

Quick Pre-Approval

11 Park St, Peabody, MA, 01960

11 Park St, Peabody, MA, 01960

15 rooms

5 beds

5 Full baths

1900

2,516 sqft

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.


Status:

Active

Type:

Multi-family

Units:

5

Zoning:

BC

Basement:

Partial, Walk-Out Access

Levels:

2

Parking:

5-car, Off Street, Paved

Acreage:

0.1

Est. Taxes:

$6,081

Assessment

$666,800

Construction

Frame

Lot Description:

Corner Lot

Amenities:

Public Transportation, Shopping, Highway Access, Public School

MLS #:

73244976

Buyer Agent Compensation:

2.0

Facilitator Compensation:

2.0

Compensation Based On:

Gross/Full Sale Price

Sub-Agency Relationship Offered:

No


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of Vivien Marcus, Keller Williams Realty Phone: 978-475-2111