Looking for an investment property? Look no further, this 2 family located near the heart of downtown Peabody is minutes to restaurants, shopping, public transportation & major highways. Featuring the best of both worlds – character with modern amenities. First floor unit with 1 bedroom, presently rented features a modern kitchen and bath. The Second unit with 2 levels featuring high ceilings, exposed beams and 2 fireplaces is being delivered vacant, Kitchen and bathroom are both updated, potential for 3/4 bedrooms. Hardwood flooring throughout. Roof less than 10 yrs old. Off street parking. Come check out all this property has to offer

Property Details

Price:
$689,000
MLS #:
73429261
Status:
Active
Beds:
5
Baths:
2
Address:
1 Dennis St
Type:
Multi Family
City:
Peabody
Listed Date:
Sep 10, 2025
State:
MA
Finished Sq Ft:
1,980
Total Sq Ft:
1,980
ZIP:
01960
Lot Size:
2,078 sqft / 0.05 acres (approx)
Year Built:
1870
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Fireplaces Total
2
Flooring
Wood, Hardwood
Heating
Electric, Baseboard, Oil

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship
Parking Features
Off Street, Tandem
Parking Spots
2
Roof
Shingle

Financial

Net Operating Income
$18,000
Tax Year
2025
Taxes
$5,775

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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1 Dennis St
Peabody, MA