Sold for $1,100,000

Street View

$1,100,000

11 Park St, Peabody, MA 01960

5beds

2,516sqft

5-9 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$437/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$6,801/mo

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$6,801/mo

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What's special

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 5

Features

Flooring: Varies
Windows: Insulated Windows
Basement: Partial,Walk-Out Access
Number of fireplaces: 2

Interior area

Total structure area: 2,516
Total interior livable area: 2,516 sqft

Property

Parking

Total spaces: 5
Parking features: Off Street, Paved
Uncovered spaces: 5

Features

Patio & porch: Deck - Wood

Lot

Size: 4,308 Square Feet
Features: Corner Lot

Details

Parcel number: M:0085 B:0138,2105916
Zoning: BC

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Concrete Perimeter
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Community

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

Location

Region: Peabody

Financial & listing details

Price per square foot: $437/sqft
Tax assessed value: $666,800
Annual tax amount: $6,081
Date on market: 10/16/2025
Total actual rent: 5050

Price history

Date	Event	Price
10/15/2024	Sold	$1,100,000-12%$437/sqft
Source: MLS PIN #73244976 Report a problem
9/3/2024	Contingent	$1,250,000$497/sqft
Source: MLS PIN #73244976 Report a problem
5/30/2024	Listed for sale	$1,250,000$497/sqft
Source: MLS PIN #73244976 Report a problem