Multi-Family for Sale: 111 Main St, Peabody, MA 01960

27 beds
21 full baths
10,152 sqft
$4,300,000
$4,300,000
111 Main St, Peabody, MA 01960
27 beds
21 full baths
10,152 sqft
$4,300,000
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Price:
$4,300,000
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Type Multi-Family
Beds 27
Total Baths 21 full baths
Square Feet 10,152 sqft
Lot Size 0.30 acres
Year Built 2000
City Peabody
County Essex
MLS 73316838
Status Pending
DOM 20 days
111 Main Street consists of two desirable, three-story buildings and contains a total of twenty-one residential units comprised of a three family property (front building) consisting of three 3-Bedroom/1 Bathroom units, and an 18-unit building (rear building) with eighteen Studio units. The well-maintained Property has received significant capital investment improvements since acquisition, including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment and is ideal for a potential buyer looking for income growth and strong returns

Lot & Building Features

Sewer Public Sewer
Tax Year 2024
Taxes Paid $26,983
Water Public
Foundation Other
Roof Shingle
Full Baths 21
Parking Off Street, Paved Drive
Total Rooms 51
Basement Feature Unfinished
Garage Spaces 0

Price History of 111 Main St, Peabody, MA

Date Name Price Difference
12/03/2024 Listing Price $4,300,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Elizabeth Niemaszyk
Direct: 978-375-5778
Office
200 Rockingham Road.
Londonderry, NH 03053
603-437-4447
Listed by Horvath & Tremblay, John Pentore
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111 Main St (MLS #73316838) is a multi-family listing located in Peabody, MA. This multi-family listing is 10,152 sqft and on a lot of 13,068 sqft (or 0.30 acres) with 27 bedrooms, 21 baths and is 24 years old. This property was listed on 12/03/2024 and has been priced for sale at $4,300,000.

Nearby zip codes are 01904, 01915, 01923, 01970 and 09170. This property neighbors other cities such as Beverly, Danvers, Lynn, Salem and Swampscott.

MLS PIN

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

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Listing information courtesy of: Horvath & Tremblay

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.