258 Washington Street, Peabody, MA

$965,000

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8

Beds

3

Baths

3,000

Square feet

0.17

Acres

About 258 Washington Street

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 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.

Features of 258 Washington Street

MLS® # 73562856
Price $965,000
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Square Footage 3,000
Acres 0.17
Year Built 1880
Type Residential Income
Sub-Type 3 Family - 3 Units Up/Down
Status Active

Community Information

Address 258 Washington Street
City Peabody
County Essex
State MA
Zip Code 01960

Amenities

Utilities for Gas Range, for Electric Range, for Electric Dryer
Parking Spaces 9
Parking Paved Drive, Off Street
Is Waterfront No
Has Pool No

Interior

Fireplace No
# of Stories 3
Stories 3

Additional Information

Zoning R2

Listing Details

Agent Michael Rauseo
Office Better Homes and Gardens Real Estate - The Shanahan Group

Listing Map

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