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For sale
  • $599,000

    71 Tremont St, Peabody, MA 01960

    5beds
    1,722sqft
    : 
    $3,732/mo
    Get pre-qualified
    Multi Family
    Built in 1900
    -- sqft lot
    $779,100 Zestimate®
    $348/sqft
    $-- HOA

    What's special

    Large backyard areaAmple off-street parking
    **Loads of potential in this well-located two-family property near Peabody Square!** Whether you're looking for an investment opportunity or a property you can make your own, this home offers plenty of possibilities. One apartment is currently rented, providing immediate rental income, while the second and third floors offer an excellent opportunity for an owner-user to completely renovate and create one spacious, beautiful apartment. Imagine designing the upper levels to your own specifications with an open layout, modern finishes, and all the amenities you've been looking for. The property also features a large backyard area currently utilized as a driveway, providing ample off-street parking—a valuable feature in this convenient location. Situated close to Peabody Square, with easy access to local shops, restaurants, services, and transportation. A great opportunity for an investor, owner-occupant, or buyer looking to build equity through renovation. Bring your vision and unlock the potential of this versatile two-family property! First floor apartment can only be seen during open houses Friday 8/21 10am to Noon, Saturday 8/22 11:30am to 1pm and Sunday 8/23 1 to 2:30pm.
    5 days
    |
    1,339
    |
    76
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Marjie and Phil 617-901-8765,

    Gibson Sotheby's International Realty 781-648-3500

    Source: MLS PIN,MLS#: 73566254

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Features
      • Basement: Full,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 1,722
      • Total interior livable area: 1,722 sqft
      • Finished area above ground: 1,722

      Property

      Parking
      • Total spaces: 5
      • Parking features: Paved Drive, Off Street, Paved
      • Uncovered spaces: 5
      Lot
      • Size: 5,049 Square Feet
      Details
      • Parcel number: M:0076 B:0088,2104985
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Foundation: Stone
      Condition
      • Year built: 1900

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Peabody

      Financial & listing details

      • Price per square foot: $348/sqft
      • Tax assessed value: $602,800
      • Annual tax amount: $5,582
      • Date on market: 8/20/2026
      • Total actual rent: 1700

        Estimated market value

        $779,100

        $717,000 - $841,000

        $3,253/mo

        Price history

        DateEventPrice
        8/20/2026Listed for sale$599,000+71.6%$348/sqft
        Source: MLS PIN #73566254 Report a problem
        8/24/2016Listing removed$349,000$203/sqft
        Source: Coldwell Banker Residential Brokerage - Arlington #71981490 Report a problem
        7/31/2016Pending sale$349,000$203/sqft
        Source: Coldwell Banker Residential Brokerage - Arlington #71981490 Report a problem
        7/7/2016Price change$349,000-5.4%$203/sqft
        Source: Coldwell Banker Residential Brokerage - Arlington #71981490 Report a problem
        4/1/2016Listed for sale$369,000-7.8%$214/sqft
        Source: Coldwell Banker Residential Brokerage - Arlington #71981490 Report a problem
        12/28/2004Sold$400,000$232/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,582 -0.7%$602,800 -2.2%
        2024$5,622 +6.4%$616,400 +11%
        2023$5,286 $555,200
        2022$5,286 +12.1%$555,200 +23.5%
        2021$4,717 +0.4%$449,700 +2.8%
        2020$4,700 +7.7%$437,600 +10.4%
        2019$4,362 +11.4%$396,200 +15.9%
        2018$3,917 +12.3%$341,800 +15.3%
        2017$3,487 -5.3%$296,500 -4.1%
        2016$3,684 +4.3%$309,100 +7.7%
        2015$3,531 +8.9%$287,100 +9.8%
        2014$3,243 +1.8%$261,500 -1.7%
        2013$3,185 -2.6%$265,900 -3.9%
        2012$3,269 +2.1%$276,600
        2011$3,203 +7.2%$276,600 -2.8%
        2010$2,988 -4.1%$284,600 -15%
        2009$3,115 +2.5%$334,900 -4.4%
        2008$3,038 +6%$350,400 -5.2%
        2007$2,867 +5.9%$369,500 +3.8%
        2006$2,706 +29.7%$356,000 +41.7%
        2005$2,086 +2.6%$251,300
        2004$2,033 +14.1%$251,300 +33.3%
        2003$1,781 +25.2%$188,500 +9.9%
        2001$1,422 +5.1%$171,500 +23.3%
        1999$1,353 $139,100
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01960

        Getting around

        79 / 100
        Very Walkable
        53 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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