Peabody, MA 01960,11 Park St
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Peabody, MA 01960,11 Park St
Peabody, MA 01960,11 Park St
Peabody, MA 01960,11 Park St
Peabody, MA 01960,11 Park St

$1,100,000

Est. payment /mo

$1,250,000

12.0%
Est.Price: ?

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11 Park St Peabody, MA 01960

5 Beds

5 Baths

2,516 SqFt

SOLD DATE : 10/15/2024

Key Details

Sold Price $1,100,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,516 sqft

Price per Sqft $437

MLS Listing ID 73244976

Sold Date 10/15/24

Bedrooms 5

Full Baths 5

Year Built 1900

Annual Tax Amount $6,081

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Property Description

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.

Location

State MA

County Essex

Zoning BC

Direction Yankee Division Hwy, exit SE to Lowell St. Take Lowell to Foster, turn R. L on Spring, L on Park

Rooms

Basement Partial, Walk-Out Access

Interior

Flooring Varies

Fireplaces Number 2

Exterior

Community Features Public Transportation, Shopping, Highway Access, Public School

Waterfront false

Roof Type Shingle

Parking Type Off Street, Paved

Total Parking Spaces 5

Garage No

Building

Lot Description Corner Lot

Story 2

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by Keller Williams Realty
Bought with Jennifer Salomon • eXp Realty

Lisa Gaglione

Agent | License ID: 9586357

+1(617) 224-8863

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