MA
Essex
Peabody
01960
258 Washington Street
258 Washington Street, Peabody, MA 01960
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Listing Type
Multi Family
Listing Status
Active
13
$980,000

Home Details for 258 Washington Street

Price
$980,000
Type
Residential Income
Bedrooms
8
Total Bathrooms
3
Full Bathrooms
3
Square feet
3000
Year built
1880
Lot size acres
0.17
County
Essex
Total rooms
15
Basement
Full
MLS Listing#
73562856
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.

Property Features
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: Better Homes and Gardens Real Estate - The Shanahan Group - 781-729-9030
Presented by: Michael Rauseo
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85 Wilmington Road, Burlington, MA 01803
Office
781 270 4770
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