Welcome to 7 Princeton Street! This exceptionally well-maintained 4+ bedroom home is set on nearly a half-acre in a sought-after, established Peabody neighborhood and offers an impressive footprint inside and out. Pride of ownership is evident throughout, with important improvements already in place, including high-efficiency gas heating and central air. The main level alone offers over 1,700 sq. ft. of living space with a spacious living room, dining room, kitchen, three bedrooms, plus a primary bedroom and large family room off the kitchen, providing an abundance of space and a flexible floor plan. Hardwood flooring lies beneath the carpeting throughout the original living room, dining room, hallway and three bedrooms . . an opportunity to uncover and restore the home's original hardwood. A large trex deck with gas line overlooks the generous yard and extends the living and entertaining space outdoors. The spacious lower level offers tremendous expansion potential, with a family room featuring a fireplace, built-in bar, additional room and half bath, plus plenty of opportunity for the next owner to reimagine the space. The property also offers a generous dedicated storage area. A solid, exceptionally well-cared-for home offering remarkable space, flexibility and a beautiful lot with plenty of room to make it your own.