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Off market
  • $1,012,000

    260 Washington St, Peabody, MA 01960

    7beds
    2,856sqft
    MultiFamily
    Built in 1900
    -- sqft lot
    $1,012,000 Zestimate®
    $354/sqft
    $3,234 Estimated rent

    Home value

    $1,012,000

    $951,000 - $1.08M

    $3,234/mo

    Zestimate® history
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    $3,234/mo

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    $6,322/mo

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    $6,322/mo

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    What's special

    Well maintained modern residential 3 family home with a large professionally landscaped corner lot that includes 10 off street parking spaces. Also, includes a finished 2 car garage. Perfect for the real estate investor or a condo conversion project. Apartments include a 6 room, 3 bedroom, plus an office and full bath on the first-floor unit. A 4 room, 2 bedroom and full bath on both the 2nd and 3rd-floor units. Separate utilities in all 3 units. Granite countertops. All units totally renovated (approximately) in 2007. Coin-operated washer and dryer in the lower level. 2 car garage provides an additional $200 monthly income. This brings the total gross income to $4,275/month or $51,300/year. All rental units are currently at below-market rates. All 3 units were deeded condominiums until they were dissolved on October 8, 2012. Easily convert all 3 apartments to condominiums again. Complete condominium documents available to the buyer.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Other, Gas
    Appliances
    • Included: Dishwasher, Dryer, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Concrete, Hardwood
    Interior area
    • Total interior livable area: 2,856 sqft

    Property

    Features
    • Exterior features: Vinyl
    Lot
    • Size: 6,969 Square Feet
    Details
    • Parcel number: PEABM0094B0191

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Peabody

    Financial & listing details

    • Price per square foot: $354/sqft
    • Tax assessed value: $854,400
    • Annual tax amount: $7,912

    Price history

    DateEventPrice
    12/20/2019Sold$705,000+0.9%$247/sqft
    Source: Public Record Report a problem
    11/12/2019Pending sale$699,000$245/sqft
    Source: Armstrong Field Real Estate #72589011 Report a problem
    11/6/2019Listed for sale$699,000+280.1%$245/sqft
    Source: Armstrong Field Real Estate #72589011 Report a problem
    9/20/2010Sold$183,908-26.4%$64/sqft
    Source: Public Record Report a problem
    2/8/2008Sold$250,000+12.6%$88/sqft
    Source: Public Record Report a problem
    10/2/1998Sold$222,000$78/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,912 +9.6%$854,400 +7.9%
    2024$7,220 +7.8%$791,700 +12.6%
    2023$6,696 $703,400
    2022$6,696 +3.9%$703,400 +14.5%
    2021$6,446 +9.7%$614,500 +12.3%
    2020$5,876 +4.6%$547,100 +7.2%
    2019$5,617 +15.8%$510,200 +20.5%
    2018$4,852 +5.1%$423,400 +7.9%
    2017$4,616 +5%$392,500 +6.4%
    2016$4,396 +8.5%$368,800 +12%
    2015$4,052 +7.9%$329,400 +8.7%
    2014$3,757 -4.3%$303,000 -28.2%
    2009$3,924 +2.8%$421,900 -4.2%
    2008$3,818 +3.4%$440,400 -7.4%
    2007$3,691 +13.3%$475,700 +11%
    2006$3,257 +7.4%$428,500 +17.2%
    2005$3,034 +2.6%$365,500
    2004$2,957 +30.8%$365,500 +52.7%
    2003$2,261 +25.5%$239,300 +10.2%
    2001$1,801 +10.3%$217,200 +29.4%
    1999$1,633 $167,800
    Find assessor info on the county website

    Neighborhood: 01960

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,012,000
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    Estimated market value
    $1,012,000