• $980,000List Price
  • 8Bedrooms
  • 3Bathrooms
  • 0.17Acreage
  • 1880Year Built
  • 3,000Square Feet

Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2-3 years old, and heating systems ranging from approximately 3-10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.

More Info

Basic Information

  • Gross Income $70,800
  • Mls StatusNew
  • Parcel Number 2106578

Basic Information

  • List Price$980,000
  • MLS Number73562856
  • Modification Date08/13/2026
  • Property SubType3 Family - 3 Units Up/Down

Property

  • Acreage0.17

Interior

  • Interior Features Living Room, Kitchen, Office/Den

Property Information

  • Building Area Source Public Records
  • Living Area 3,000
  • Lot Size Square Feet 7,449
  • Lot Size Units Acres
  • Square Feet3,000

Tax Information

  • Tax Assessed Value $784,100
  • Tax Year 2025
  • Taxes$7,261

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms8
  • Full Bath3

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms15
  • Stories3
  • Units3
  • Utilities For Gas Range, For Electric Range, For Electric Dryer
  • Year Built1880
  • Year Built Details Actual
  • Year Built Source Public Records

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces9

Location

  • Address258 Washington Street
  • Building Number258
  • CountyEssex
  • StateMA
  • StreetWashington Street
  • TownPeabody
  • Zip01960

Exterior

  • RoofShingle

Utilities

  • Electric 200+ Amp Service
  • Electric Expense 300
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Shopping, Medical Facility, Laundromat, Highway Access
  • Other AmenitiesBasement

Other

  • Date Listed08/12/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Michael Rauseo of Better Homes and Gardens Real Estate - The Shanahan Group

Peabody, MA Demographics

There is no data available

Peabody, MA Real Estate Market Data

There is no data available

Peabody, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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