Tremendous Opportunity for Investors or Owner Occupants! This 2-family property offers incredible potential for cash flow with its modern updates that make it an irresistible value. The 1st floor unit features 2 bedrooms and 2 full bathrooms, boasting a spacious living area with ample natural light and an updated kitchen with newer appliances. Additionally, there is a large family room and an office located on the lower level . The 2nd floor unit comprises of 2 bedrooms and 1 bathroom, with a kitchen that also has newer appliances and a walk-up attic for extra storage. Both units have numerous updated features, including new bathroom vanities, light fixtures, windows, and newer hot water tanks to name a few.. The property also includes added storage in the basement, a shared washer/dryer, and an outdoor shed. Close to shopping and major highways. This is a must-see property that won't last long! Open houses Sat. 1/25 & Sun.1/26 from 11:00 to 12:30. No showing until open houses.
Sold for $890,900
$890,900
61 Tracey St, Peabody, MA 01960
4beds
3,184sqft
2 Family - 2 Units Up/Down
Built in 1991
-- sqft lot
$902,700 Zestimate®
$280/sqft
$3,852 Estimated rent
Home value
$902,700
$821,000 - $993,000
$3,852/mo
Zestimate® history
Owner options
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$3,852/mo
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$5,565/mo
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$5,565/mo
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List your homeWhat's special
Updated kitchenLarge family roomNewer appliancesNewer hot water tanksLight fixturesNew bathroom vanities
Zillow last checked:
Listing updated:
Listed by:
Luciano Leone Team 617-905-8359,
RE/MAX 360 978-535-3122,
Jeri Moffie 978-590-3628
Bought with:
Rosa I. Valera
Valera Realty Services
Source: MLS PIN,MLS#: 73327811
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Washer, Dryer, Range, Dishwasher, Refrigerator, Range Hood
- Laundry: Washer & Dryer Hookup
Features
- Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Bathroom With Tub, Living Room, Kitchen, Family Room, Laundry Room, Office/Den
- Flooring: Wood, Tile, Carpet
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,184
- Total interior livable area: 3,184 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Shared Driveway, Off Street, Paved
- Uncovered spaces: 4
Features
- Exterior features: Rain Gutters
Lot
- Size: 4,556 Square Feet
- Features: Easements, Gentle Sloping
Details
- Additional structures: Shed(s)
- Parcel number: 076019A,2104890
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1991
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School
Location
- Region: Peabody
Financial & listing details
- Price per square foot: $280/sqft
- Tax assessed value: $749,800
- Annual tax amount: $6,943
- Date on market: 1/14/2026
- Exclusions: The Washer & Dryer In Unit 1 And Outdoor Surveillance Cameras Are Excluded From The Sale.
- Total actual rent: 5812
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $890,900+0.6%$280/sqft |
Source: MLS PIN #73327811 Report a problem | ||
| 1/28/2025 | Contingent | $885,900$278/sqft |
Source: MLS PIN #73327811 Report a problem | ||
| 1/21/2025 | Listed for sale | $885,900+1.2%$278/sqft |
Source: MLS PIN #73327811 Report a problem | ||
| 9/25/2024 | Listing removed | $875,000+6.1%$275/sqft |
Source: MLS PIN #73266573 Report a problem | ||
| 7/22/2024 | Contingent | $825,000$259/sqft |
Source: MLS PIN #73266573 Report a problem | ||
| 7/18/2024 | Listed for sale | $825,000+17.9%$259/sqft |
Source: MLS PIN #73266573 Report a problem | ||
| 12/12/2022 | Sold | $700,000-3.4%$220/sqft |
Source: MLS PIN #73017553 Report a problem | ||
| 10/24/2022 | Contingent | $725,000$228/sqft |
Source: MLS PIN #73017553 Report a problem | ||
| 7/27/2022 | Listed for sale | $725,000+314.3%$228/sqft |
Source: MLS PIN #73017553 Report a problem | ||
| 10/4/1991 | Sold | $175,000+250%$55/sqft |
Source: Public Record Report a problem | ||
| 9/21/1990 | Sold | $50,000$16/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,943 +10.5% | $749,800 +8.8% |
| 2024 | $6,283 +0.9% | $688,900 +5.3% |
| 2023 | $6,228 | $654,200 |
| 2022 | $6,228 +7.5% | $654,200 +18.5% |
| 2021 | $5,793 +6.4% | $552,200 +8.9% |
| 2020 | $5,447 +9.3% | $507,200 +12.1% |
| 2019 | $4,982 +8.9% | $452,500 +13.4% |
| 2018 | $4,574 -2.1% | $399,100 +0.5% |
| 2017 | $4,671 +2.6% | $397,200 +4% |
| 2016 | $4,551 +8.4% | $381,800 +11.9% |
| 2015 | $4,197 +1% | $341,200 +1.8% |
| 2014 | $4,156 -0.6% | $335,200 -4% |
| 2013 | $4,181 -5.1% | $349,000 -6.3% |
| 2012 | $4,404 +2.1% | $372,600 |
| 2011 | $4,315 +4.1% | $372,600 -5.6% |
| 2010 | $4,145 +3.6% | $394,800 -8.2% |
| 2009 | $4,001 +1.5% | $430,200 -5.4% |
| 2008 | $3,943 +9% | $454,800 -2.4% |
| 2007 | $3,618 -2.7% | $466,200 -4.7% |
| 2006 | $3,717 +10.4% | $489,100 +20.6% |
| 2005 | $3,366 +2.6% | $405,600 |
| 2004 | $3,281 +22.9% | $405,600 +43.6% |
| 2003 | $2,669 +25.2% | $282,400 +9.8% |
| 2001 | $2,132 +10.5% | $257,200 +29.7% |
| 1999 | $1,929 | $198,300 |
Find assessor info on the county website
Neighborhood: 01960
Nearby homes
- $--1 bd1 ba800 sqft63 Tracey St #1, Peabody, MA 01960Off Market
- $--3 bd2 ba1.5k sqft63 Tracey St #2, Peabody, MA 01960Off Market
- $--2 bd1 ba1.5k sqft61 Tracey St #2, Peabody, MA 01960Off Market
- $886,8006 bd3 ba3.1k sqft63 Tracey St, Peabody, MA 01960Off Market
- $751,0006 bd3 ba2k sqft59 Tracey St, Peabody, MA 01960Off Market
- $460,0003 bd1 ba975 sqft65 Tracey St, Peabody, MA 01960Sold
- $668,3004 bd2 ba1.8k sqft57 Tracey St, Peabody, MA 01960Off Market
- $503,7002 bd1 ba909 sqft69 Tracey St, Peabody, MA 01960Off Market
Nearby schools
GreatSchools rating
- 5/10Thomas Carroll Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10J Henry Higgins Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Peabody Veterans Memorial High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Middle: Higgins
- High: Peabody Vets.
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
$902,700
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
$902,700
- Massachusetts
- Essex County
- Peabody
- 01960
- 61 Tracey St
