Open House May 03, 2025
11:00 – 01:00
A rare opportunity! This spacious townhouse-style condo offers dual potential: a perfect primary residence or a high-yield investment property with proven rental income of $3,500/month in Peabody’s sought-after location. Strong demand from professionals & families, the multi-level living with private entry has open-concept main floor and half bath while bedrooms tucked on the second and third floor for privacy. Stainless steel appliances, ample cabinets, and eat-in space. Generous Bedrooms – Primary suite with a full bath. In-Unit Washer/dryer in the basement for convenience and 1 Dedicated Parking Spots – Rare for condos. The home is just 5 mins to North shore Mall, Market Street Lynnfield & major employers (easy tenant pool). Peabody’s walk Score is 70+ – Restaurants, pharmacies, and public transit nearby. First-time buyers wanting to house hack (live in one room, Air BnB others). Investors expanding their portfolio with a low-maintenance, high-demand property. Schedule a showing.

Property Details

Price:
$530,990
MLS #:
73364300
Status:
Active
Beds:
3
Baths:
2.5
Address:
112 Lowell St # 16
Type:
Condo
Subtype:
Condominium
City:
Peabody
Listed Date:
Apr 24, 2025
State:
MA
Finished Sq Ft:
1,560
Total Sq Ft:
1,560
ZIP:
01960
Year Built:
1987

Schools

Interior

Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Basement

Exterior

Community Features
Shopping, Highway Access
Parking Spots
1

Financial

HOA Fee
$483
HOA Frequency
Monthly
HOA Includes
Insurance
Tax Year
2025
Taxes
$4,051

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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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112 Lowell St # 16
Peabody, MA