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Rare ranch-style 3-family opportunity in Peabody! Each unit offers single-level living with 1 bedroom, 1 bath, a living room and kitchen. Tucked behind other buildings off a busy street, this property is within walking distance of downtown Peabody, local restaurants and everyday amenities. Two units are occupied by long-term, month-to-month tenants who would like to stay—an appealing opportunity to owner-occupy while collecting rent from the other two units. Updates include a new roof (2022), new hot water heater (2026), recently painted interior in Unit 3 and newly glazed tubs in Units 1 and 2. Three (3) private parking spaces, with room for a fourth using tandem parking. Each unit has dedicated storage in the large, dry basement. Current rents include heat and are below market, offering potential for increased rental income and equity through future improvements. A unique opportunity for investors and owner-occupants alike!

More Info

Basic Information

  • Gross Income $28,800
  • Lot Features Level
  • Mls StatusNew
  • Parcel Number M:0095 B:0016,2106752
  • Rent Includes Unit 1(Heat, Gas, Water, Hot Water), Unit 2(Heat, Gas, Water, Hot Water), Unit 3(Heat, Gas, Water, Hot Water)

Location

  • Address153R Washington Street
  • Building Number153r
  • CountyEssex
  • StateMA
  • StreetWashington Street
  • TownPeabody
  • Zip01960

Exterior

  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 1,536
  • Lot Size Square Feet 5,759
  • Lot Size Units Acres
  • Square Feet1,536

Other

  • Date Listed10/30/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $575,700
  • Tax Year 2025
  • Taxes$5,331

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms3
  • Full Bath3

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms9
  • Stories3
  • Units3
  • Utilities For Electric Range
  • Year Built1940
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Paved
  • Parking Spaces4

Basic Information

  • List Price$649,900
  • MLS Number73596952
  • Modification Date10/31/2026
  • Property SubType3 Family - 3 Units Side by Side

Property

  • Acreage0.13

Interior

  • Flooring Wood, Tile, Varies, Hardwood
  • Interior Features Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen

Utilities

  • Electric Individually Metered
  • Electric Expense 206
  • Heat SystemYes
  • Heating Baseboard, Natural Gas
  • Sewer Public Sewer
  • Water Source Public

Map Location

Listed by Deborah Higgins of Keller Williams Realty

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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