$980,000
258 Washington Street
Peabody, MA, 01960
Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
Property Details
Price:
$980,000
MLS #:
73562856
Status:
Pending
Beds:
8
Baths:
3
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
Listed Date:
Aug 12, 2026
Finished Sq Ft:
3,000
Total Sq Ft:
3,000
Lot Size:
7,449 sqft / 0.17 acres (approx)
Year Built:
1880
Units:
3
Schools
Interior
Above Grade Finished Area
3000
Bathrooms
3 Full Bathrooms
Interior Features
Living Room, Kitchen, Office/Den
Laundry Features
Electric Dryer Hookup
Levels
3
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Construction Materials
Frame
Open Parking Spaces
9
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
9
Parking Total
9
Patio And Porch Features
Porch
Roof
Shingle
Stories
3
Financial
Tax Year
2025
Taxes
$7,261
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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Map
Current real estate data for Multi Family in Peabody as of Sep 21, 2026
11
Multi Family Listed
55
Avg DOM
350
Avg $ / SqFt
$935,427
Avg List Price
Community
- Address258 Washington Street Peabody MA
- CityPeabody
- CountyEssex
- Zip Code01960
Subdivisions in Peabody
Similar Listings Nearby
Property Summary
- 258 Washington Street Peabody MA is a Multi Family for sale in Peabody, MA, 01960. It is listed for $980,000 To schedule a showing of MLS#73562856 at 258 Washington Street in Peabody, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Winchester. 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.
258 Washington Street
Peabody, MA