$649,900
About this home
Rare ranch-style 3-family opportunity in Peabody! Each unit offers single-level living with 1 bedroom, 1 bath, a living room and kitchen. Tucked behind other buildings off a busy street, this property is within walking distance of downtown Peabody, local restaurants and everyday amenities. Two units are occupied by long-term, month-to-month tenants who would like to stay—an appealing opportunity to owner-occupy while collecting rent from the other two units. Updates include a new roof (2022), new hot water heater (2026), recently painted interior in Unit 3 and newly glazed tubs in Units 1 and 2. Three (3) private parking spaces, with room for a fourth using tandem parking. Each unit has dedicated storage in the large, dry basement. Current rents include heat and are below market, offering potential for increased rental income and equity through future improvements. A unique opportunity for investors and owner-occupants alike!
Property details
- MLS
- MLS Property Information Network
- MLS #
- 73596952
- Property type
- 3 Family - 3 Units Side by Side
- Subdivision
- N/A
- Status
- Active
- Days on market
- 3
- On market date
- October 30, 2026
- Stories
- 3
- Total bathrooms
- 3
- Garage spaces
- N/A
- Parking spaces
- 4
- Lot size
- 0.13 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 346
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- Enrollment
- 1,393
- Student:teacher ratio
- 13.8:1
- District
- Peabody
- Enrollment
- 803
- Student:teacher ratio
- 8.2:1
- District
- Salem
Walkability
Blended score for Peabody's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Peabody, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 2 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.