78 Endicott St Peabody MA 01960 MLS #73330578

78 Endicott St
Peabody, MA, 01960
$899,995
8 Beds
4 Baths
2,870 SqFt
0.08 Acres
$899,995
78 Endicott St
Peabody, MA, 01960
Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!

Property Details

Price:
$899,995
MLS #:
73330578
Status:
Active Under Contract
Beds:
8
Baths:
4
Address:
78 Endicott St
Type:
Multi Family
Subtype:
4 Family
City:
Peabody
Listed Date:
Jan 29, 2025
State:
MA
Finished Sq Ft:
2,870
Total Sq Ft:
2,870
ZIP:
01960
Lot Size:
3,511 sqft / 0.08 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Appliances
Washer, Dryer, Range, Refrigerator, Microwave
Bathrooms
4 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Tile, Carpet, Laminate
Heating
Forced Air, Natural Gas, Baseboard

Exterior

Community Features
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
Parking Features
Paved Drive, Off Street, Assigned, Driveway, Paved
Parking Spots
6
Roof
Shingle

Financial

Net Operating Income
$17,400
Tax Year
2025
Taxes
$6,828
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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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78 Endicott St
Peabody, MA