See Home Value
$800,000
Multifamily - Off Market

16 Sewall Street

Peabody, MA 01960
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
$897,573
RealtyHop Estimate
-0.26%
Since Aug 1, 2023
MA-Boston
Primary Model

About This Property

GREAT INVESTMENT OPPORTUNITY/OWNER OCCUPANT-This young duplex consisting of 6 bedrooms 2 full as built in 2011. Each & 2 half baths. Each unit hosts a large living room, a generous size ceramic tiled eat in kitchen w/a side entry to the driveway, a half bath off the kitchen w/laundry hook up, 3 spacious bedrooms & a full bath w/ceramic tile flooring. Each unit has a driveway which could fit up to 4 vehicles, a rear & a side yard area.  Cost effective electric baseboard heating (no heating system to maintain/replace). Peabody Electric offers the lowest electrical costs available & offers additional cost savings via 20% discount if paid within 10 days of the bill date. 200 AMP service each unit. Property to be delivered vacant. Potential rents range between $3,000-$3,500 per unit=income potential of $72k -$84k w/an attractive CAP RATE! Great location close to downtown, shopping, restaurants, public transportation, major routes & historic Salem. Freshly painted & new carpeting for buyer.
Unit Size
-
Days on Market
79 days
Land Size
0.13 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$577
HOA Dues
-
Year Built
2011
Last updated: 10 months ago (MLSPIN #73102216)

Price History

Date / Event Date Event Price
Jul 12, 2023 Sold to Eranda Mihasi, Erjon Tata $850,000
Sold to Eranda Mihasi, Erjon Tata
Jun 7, 2023 In contract -
In contract
Apr 24, 2023 Listed by J. Barrett & Company $899,900
Listed by J. Barrett & Company

Property Highlights

Parking Available
Parking Details
Parking Features: Paved Drive, Off Street, Paved
Interior Details

Bathroom Information

Half Bathrooms: 2
Full Bathrooms: 2

Interior Information

Interior Features: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower, Open Floor Plan), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring Type: Carpet, Unit 1(undefined), Unit 2(Tile Floor, Wall to Wall Carpet)
Laundry Features: Washer Hookup

Room Information

Rooms: 10


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

16 Sewall Street 16 Sewall Street, Peabody, MA 01960
  • 1 Unit for Sale
More about this Building
16 Sewall Street
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About Peabody Town Center


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