Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!
Property Details
Price:
$899,995
MLS #:
73330578
Status:
Active
Beds:
8
Baths:
4
Address:
78 Endicott St
Type:
Multi Family
Subtype:
4 Family
City:
Peabody
Listed Date:
Jan 29, 2025
State:
MA
Finished Sq Ft:
2,870
Total Sq Ft:
2,870
ZIP:
01960
Lot Size:
3,511 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Appliances
Washer, Dryer, Range, Refrigerator, Microwave
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Tile, Carpet, Laminate
Heating
Forced Air, Natural Gas, Baseboard
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Parking Features
Paved Drive, Off Street, Assigned, Driveway, Paved
Parking Spots
6
Roof
Shingle
Financial
Tax Year
2025
Taxes
$6,828
Map
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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.,…
More About JamesCourtesy of Compass. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
78 Endicott St
Peabody, MA
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