$599,000
71 Tremont Street
Peabody, MA, 01960
**Loads of potential in this well-located two-family property near Peabody Square!** Whether you’re looking for an investment opportunity or a property you can make your own, this home offers plenty of possibilities. One apartment is currently rented, providing immediate rental income, while the second and third floors offer an excellent opportunity for an owner-user to completely renovate and create one spacious, beautiful apartment. Imagine designing the upper levels to your own specifications with an open layout, modern finishes, and all the amenities you’ve been looking for. The property also features a large backyard area currently utilized as a driveway, providing ample off-street parking—a valuable feature in this convenient location. Situated close to Peabody Square, with easy access to local shops, restaurants, services, and transportation. A great opportunity for an investor, owner-occupant, or buyer looking to build equity through renovation. Bring your vision and unlock the potential of this versatile two-family property! First floor apartment can only be seen during open houses Friday 8/21 10am to Noon, Saturday 8/22 11:30am to 1pm and Sunday 8/23 1 to 2:30pm.
Property Details
Price:
$599,000
MLS #:
73566254
Status:
Pending
Beds:
5
Baths:
3
Type:
Multi Family
Listed Date:
Aug 20, 2026
Finished Sq Ft:
1,722
Total Sq Ft:
1,722
Lot Size:
5,049 sqft / 0.12 acres (approx)
Year Built:
1900
Units:
2
Schools
Interior
Above Grade Finished Area
1722
Bathrooms
3 Full Bathrooms
Levels
3
Exterior
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
5
Parking Total
5
Stories
3
Financial
Tax Year
2025
Taxes
$5,582
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…
More About MarieMortgage Calculator
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
- Address71 Tremont Street Peabody MA
- CityPeabody
- CountyEssex
- Zip Code01960
Subdivisions in Peabody
Similar Listings Nearby
Property Summary
- 71 Tremont Street Peabody MA is a Multi Family for sale in Peabody, MA, 01960. It is listed for $599,000 To schedule a showing of MLS#73566254 at 71 Tremont Street in Peabody, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Coldwell Banker Realty – Arlington. 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.
71 Tremont Street
Peabody, MA