Pending
Under Agreement
111 Main St
Peabody MA, 01960
$4,300,000
$423.56 per sqft
Pending
Under Agreement
27 Beds
21 Baths
10,152 sqft
Multi-family
Built in 2000
111 Main Street consists of two desirable, three-story buildings and contains a total of twenty-one residential units comprised of a three family property (front building) consisting of three 3-Bedroom/1 Bathroom units, and an 18-unit building (rear building) with eighteen Studio units. The well-maintained Property has received significant capital investment improvements since acquisition, including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment and is ideal for a potential buyer looking for income growth and strong returns
73316838
MLSⓇ ID
December 3, 2024
Listed
December 16, 2024
Updated
Map
111 Main St
Peabody MA, 01960
Interior Features
Total Stories
3
Bedrooms
27
Total Bathrooms
21
Full Bathrooms
21
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.3 Acres
Roof
Shingle
Sewer
Public Sewer
Other Property Details
Taxes
$26,983
Tax Frequency
Annually
Days on Market
13
Garage
No
Parking
Paved Drive, Off Street
Parking Total
12
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
BC
Listing History
Date | Event | Price |
|---|---|---|
12/16/2024 | Pending | — |
Courtesy of John Pentore, Horvath & Tremblay
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
©2024 MLS Property Information Network, Inc. All rights reserved.
Data last updated 4:39 PM UTC, 12/16/2024
