131 Lynnfield St Peabody MA 01960 | MLS #73599177

131 Lynnfield St
Peabody, MA, 01960
$875,000
7 Beds
4 Baths
4,448 SqFt
0.12 Acres
$875,000
131 Lynnfield St
Peabody, MA, 01960
MLS #73599177 image #0
Open House Nov 08, 2026
12:30 – 02:00
A kitchen you’ll want to cook in, a primary suite with its own bath and walk-in closet, and rental income to help with the mortgage. This Peabody two-family gives you compelling reasons to think beyond a single-family home. The second floor brings together the features that make everyday living more comfortable. The updated kitchen has white cabinetry, stainless steel appliances, a subway tile backsplash, and an island with seating, so whoever’s cooking doesn’t have to miss the conversation. Hardwood floors, wide hallways, and a bay-window living room give the home a spacious, welcoming feel. Two bedrooms and two full bathrooms include a primary suite with a double vanity and walk-in closet. There’s room to gather, room to retreat, and a covered front porch when you want to take your coffee outside. Finished third-floor rooms add another level of space to explore, giving this home a footprint that’s hard to appreciate from the street alone. The first-floor apartment offers two bedrooms, a generous living room with bay windows, and an eat-in kitchen. Keep it as an income-producing rental while planning your own move upstairs, or consider the entire property as an addition to your investment portfolio. Renovations completed in 2017–2018, central air, in-unit laundry, and off-street parking for approximately six vehicles add everyday convenience. If you’ve been searching for a multifamily where the space you call home feels just as important as the income it can generate, put 131 Lynnfield Street on your list.

Property Details

Price:
$875,000
MLS #:
73599177
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Listed Date:
Nov 5, 2026
Finished Sq Ft:
4,448
Total Sq Ft:
4,448
Lot Size:
5,110 sqft / 0.12 acres (approx)
Year Built:
1925
Units:
2

Schools

Interior

Above Grade Finished Area
4448
Appliances
Range, Dishwasher, Range Hood
Bathrooms
4 Full Bathrooms
Cooling
Central Air
Flooring
Wood, Tile, Hardwood
Heating
Forced Air, Natural Gas, Electric
Interior Features
Remodeled, Walk-Up Attic, Living Room, Kitchen
Levels
3

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
Green Energy Efficient
Thermostat, Varies per Unit
Lot Features
Easements, Level
Open Parking Spaces
6
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Tandem, Paved
Parking Spots
6
Parking Total
6
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Window Features
Insulated Windows

Financial

Net Operating Income
$26,724
Tax Year
2026
Taxes
$9,516
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Current real estate data for Multi Family in Peabody as of Nov 08, 2026
12
Multi Family Listed
50
Avg DOM
340
Avg $ / SqFt
$848,225
Avg List Price

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Property Summary

    131 Lynnfield St Peabody MA is a Multi Family for sale in Peabody, MA, 01960. It is listed for $875,000 To schedule a showing of MLS#73599177 at 131 Lynnfield St in Peabody, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
131 Lynnfield St
Peabody, MA