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Exceptionally well maintained mixed-use property features a high-traffic successful retail/automotive first floor and a stunning 3-bedroom 2-bathroom townhouse-style residence above. The residential unit boasts a modern, updated kitchen and bath, while the massive corner lot provides a rare 20-car parking capacity—a goldmine for downtown commerce. With separate utilities and a high-exposure location, this is the definitive live-work solution or a high-yield addition to your portfolio. Auto dealer its on a NNN lease. Located minutes from I-95 and Peabody Center.
Current real estate data for Multi Family in Peabody as of Jan 26, 2026
6
Multi Family Listed
85
Avg DOM
311
Avg $ / SqFt
$1,203,817
Avg List Price

Property Details

Price:
$1,100,000
MLS #:
73469138
Status:
Active
Beds:
3
Baths:
2
Type:
Multi Family
Neighborhood:
needhamcorner
Listed Date:
Jan 15, 2026
Finished Sq Ft:
2,400
Total Sq Ft:
2,400
Lot Size:
7,113 sqft / 0.16 acres (approx)
Year Built:
2019
Units:
2
PoolTennisNeedham CornerNeedhamcorner

Schools

Interior

Bathrooms
2 Full Bathrooms
Flooring
Wood

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, Other
Construction Materials
See Remarks
Exterior Features
Other
Parking Features
Paved Drive, Off Street, Deeded
Roof
Shingle

Financial

Net Operating Income
$85,900
Tax Year
2025
Taxes
$10,910

Map

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Community

Property Summary

    98 Foster St Peabody MA is a Multi Family for sale in Peabody, MA, 01960. It is listed for $1,100,000 To schedule a showing of MLS#73469138 at 98 Foster St in Peabody, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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 James
98 Foster St
Peabody, MA