Investment opportunity - Located close to downtown Peabody, this three-unit building has separate meters for gas heat, hot water, and electric, as well as a low maintenance exterior, featuring vinyl siding, and vinyl replacement windows. Each unit has 3 bedrooms, one full bath, hard wood flooring, and an updated kitchen. The third floor unit offers an open floor plan with vaulted ceilings, recessed lighting, and stainless appliances. Washer/dryer hook up in the basement, potential for separate storage. There is a "right of way" for the main driveway, at the back of the property, with 4 parking spaces. 2-3 tandem parking spaces on the right side of the building. Property will be delivered fully occupied. Interior pictures are of apartment 2 & 3, prior to tenants occupying the premises. 1st and 2nd floor units are identical floor plans. Leases expire 1& 3, 9/30/24, apt. 2, 2/29/24.
Sold for $950,000
$950,000
118 Foster St, Peabody, MA 01960
9beds
3,360sqft
3 Family - 3 Units Up/Down
Built in 1915
-- sqft lot
$1,055,500 Zestimate®
$283/sqft
$2,752 Estimated rent
Home value
$1,055,500
$992,000 - $1.12M
$2,752/mo
Zestimate® history
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List your homeWhat's special
Close to downtown peabodyOpen floor planLow maintenance exteriorHard wood flooringVinyl sidingVaulted ceilingsRecessed lighting
Zillow last checked:
Listing updated:
Listed by:
Catherine St. Pierre 508-641-6823,
Armstrong Field Real Estate 978-740-8700
Bought with:
Skambas Realty Group
Compass
Source: MLS PIN,MLS#: 73183630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard, Natural Gas, Unit Control, Individual
Cooling
- None
Appliances
- Included: Range, Dishwasher, Disposal, Refrigerator, Range Hood, Microwave
Features
- Pantry, Lead Certification Available, Bathroom With Tub & Shower, Stone/Granite/Solid Counters, Upgraded Countertops, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen
- Flooring: Tile, Hardwood, Stone/Ceramic Tile
- Doors: Insulated Doors
- Windows: Skylight(s), Insulated Windows, Screens
- Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,360
- Total interior livable area: 3,360 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Assigned, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Porch
Lot
- Size: 4,273 Square Feet
- Features: Easements
Details
- Foundation area: 1120
- Parcel number: M:0094 B:0008,2106403
- Zoning: BN2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1915
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & HOA
Community
- Features: Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, Sidewalks
Location
- Region: Peabody
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $777,200
- Annual tax amount: $7,399
- Date on market: 1/5/2026
- Total actual rent: 6350
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2024 | Sold | $950,000+1.6%$283/sqft |
Source: MLS PIN #73183630 Report a problem | ||
| 12/7/2023 | Contingent | $935,000$278/sqft |
Source: MLS PIN #73183630 Report a problem | ||
| 11/29/2023 | Listed for sale | $935,000+65.5%$278/sqft |
Source: MLS PIN #73183630 Report a problem | ||
| 8/14/2015 | Sold | $565,000+183.9%$168/sqft |
Source: Public Record Report a problem | ||
| 8/21/2010 | Listing removed | $199,000$59/sqft |
Source: James D'Amico #71098221 Report a problem | ||
| 6/19/2010 | Listed for sale | $199,000+49.6%$59/sqft |
Source: James D'Amico #71098221 Report a problem | ||
| 4/6/2010 | Sold | $133,000+30.4%$40/sqft |
Source: Public Record Report a problem | ||
| 3/20/2010 | Listed for sale | $102,000-11.3%$30/sqft |
Source: foreclosure.com Report a problem | ||
| 1/6/2010 | Sold | $115,000-4.2%$34/sqft |
Source: Public Record Report a problem | ||
| 12/12/2009 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 4/27/2009 | Listing removed | $120,000$36/sqft |
Source: foreclosure.com Report a problem | ||
| 4/11/2009 | Price change | $120,000-29.4%$36/sqft |
Source: foreclosure.com Report a problem | ||
| 4/4/2009 | Price change | $169,900+41.6%$51/sqft |
Source: MLS Property Information Network #70649161 Report a problem | ||
| 3/13/2009 | Price change | $120,000-29.4%$36/sqft |
Source: foreclosure.com Report a problem | ||
| 2/7/2009 | Price change | $169,900-9.1%$51/sqft |
Source: foreclosure.com Report a problem | ||
| 1/5/2009 | Price change | $187,000-7.9%$56/sqft |
Source: foreclosure.com Report a problem | ||
| 11/5/2008 | Price change | $203,000-31.2%$60/sqft |
Source: foreclosure.com Report a problem | ||
| 8/26/2008 | Price change | $295,000-9.2%$88/sqft |
Source: foreclosure.com Report a problem | ||
| 8/5/2008 | Listed for sale | $324,900+10.8%$97/sqft |
Source: foreclosure.com Report a problem | ||
| 8/22/2007 | Sold | $293,336-24.8%$87/sqft |
Source: Public Record Report a problem | ||
| 1/26/2005 | Sold | $390,000$116/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,094 +0.6% | $874,100 -0.9% |
| 2024 | $8,042 +8.7% | $881,800 +13.5% |
| 2023 | $7,399 | $777,200 |
| 2022 | $7,399 +2.8% | $777,200 +13.3% |
| 2021 | $7,196 +3.6% | $686,000 +6.1% |
| 2020 | $6,946 +2.9% | $646,700 +5.5% |
| 2019 | $6,750 +14.6% | $613,100 +19.3% |
| 2018 | $5,892 +5.3% | $514,100 +8% |
| 2017 | $5,598 +5.3% | $476,000 +6.8% |
| 2016 | $5,315 +22.3% | $445,900 +26.2% |
| 2015 | $4,347 +24.2% | $353,400 +25.2% |
| 2014 | $3,499 -0.4% | $282,200 -3.8% |
| 2013 | $3,513 +6.2% | $293,200 +4.8% |
| 2012 | $3,308 +6% | $279,900 +3.9% |
| 2011 | $3,120 +17.2% | $269,400 +6.2% |
| 2010 | $2,663 -12% | $253,600 -22.1% |
| 2009 | $3,026 +2.2% | $325,400 -4.7% |
| 2008 | $2,961 +3.9% | $341,500 -7% |
| 2007 | $2,849 +2.7% | $367,200 +0.6% |
| 2006 | $2,775 -0.5% | $365,100 +8.6% |
| 2005 | $2,790 +17.9% | $336,200 +14.9% |
| 2004 | $2,366 +14.6% | $292,500 +33.9% |
| 2003 | $2,065 +25.1% | $218,500 +9.7% |
| 2001 | $1,651 +18.8% | $199,200 +39.4% |
| 1999 | $1,390 | $142,900 |
Find assessor info on the county website
Neighborhood: 01960
Nearby homes
- $3,0003 bd1 ba1.3k sqft118 Foster St #2, Peabody, MA 01960For Rent
- $--2 bd1 ba1k sqft118 Foster St #3, Peabody, MA 01960Off Market
- $--3 bd1 ba1.1k sqft116 Foster St APT 3, Peabody, MA 01960Off Market
- $960,30010 bd4 ba3.2k sqft116 Foster St, Peabody, MA 01960Off Market
- $--3 bd1 ba1.1k sqft116 Foster St #2, Peabody, MA 01960Off Market
- $--3 bd1 ba1.1k sqft116 Foster St APT 1, Peabody, MA 01960Off Market
- $1,353,80016 bd8 ba8k sqft120 Foster St, Peabody, MA 01960Off Market
- $--2 bd1 ba900 sqft120 Foster St #3, Peabody, MA 01960Off Market
Nearby schools
GreatSchools rating
- 4/10William A Welch Elementary SchoolGrades: K-5Distance: 0.2 mi
- 5/10J Henry Higgins Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10Peabody Veterans Memorial High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: Welsh
- Middle: Higgins
- High: Vet Mem Hs
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,055,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,055,500
- Massachusetts
- Essex County
- Peabody
- 01960
- 118 Foster St
