$1,120,000
62-R Wallis Street
Peabody, MA, 01960
A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner’s unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level features a finished in-law suite. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are submetered and the responsibility of the tenants. First day of tours, Saturday, July 5th.
Property Details
Price:
$1,120,000
MLS #:
73398645
Status:
Pending
Beds:
9
Baths:
5
Address:
62-R Wallis Street
Type:
Multi Family
Subtype:
3 Family
City:
Peabody
Listed Date:
Jul 1, 2025
State:
MA
Finished Sq Ft:
4,276
Total Sq Ft:
4,276
ZIP:
01960
Lot Size:
23,292 sqft / 0.53 acres (approx)
Year Built:
1985
Units:
3
Schools
Interior
Appliances
Range, Microwave, Refrigerator
Bathrooms
5 Full Bathrooms
Cooling
Ductless
Flooring
Carpet, Laminate, Hardwood
Heating
Natural Gas
Laundry Features
Electric Dryer Hookup, Washer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
Exterior Features
Rain Gutters, Garden, Other
Parking Features
Paved Drive, Off Street
Parking Spots
8
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,677
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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Courtesy of RE/MAX Partners. 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.
62-R Wallis Street
Peabody, MA
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