Investors take note! 3 single family homes on large lot! This property, originally 3 small bungalows, has been renovated and expanded over the last 20 years, with some work still needing to be done. Unit 1 has 4 bedrooms, 2 full baths and a new (2022) hot water tank. Lots of fresh paint and refinished flooring, parking underneath the building. Unit 2 has 3 bedrooms, 1 1/2 baths with jetted tub. Both buildings have covered, wrap-around decks to enjoy this private enclave in the center of Peabody! Unit 3 is a studio unit needing some renovation and/or possible expansion. Property includes a shed and plenty of parking. Convenient to shopping, across the street from Farnham Park, and minutes to downtown Peabody!
This home has been viewed 69 times
Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73071726)
Gross Income: $69,480
Gross Expenses: $11,025
Net Income Calc: $58,455
Water Views
Annual Expenses for 24 Endicott St., Peabody MA 01960
Total Gross Expenses (Calculated)$11,025/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6125.17
Annual Income & Unit Breakdown for 24 Endicott St., Peabody MA 01960
Total Gross Income (Calculated)$69,480
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms0
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
General Information for 24 Endicott St., Peabody MA 01960
Listing ID73071726
Property TypeMulti Family / 3 Family
Price1475000 ($424.34/SqFt)
Style3 Family
CityPeabody
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total3476
Approximate Lot Size (Acres)0.28
Total Parking9 (1 Garage)
Garage Parking1
Year Built1890
Year Built SourcePublic Records
Year Built DetailsApproximate,Renovated Since
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningR2
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 24 Endicott St., Peabody MA 01960
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceOther
ExclusionsAll Personal Property.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 24 Endicott St., Peabody MA 01960
Real Estate Taxes6125.17
Tax Year2023
Assessed Value$643,400
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 24 Endicott St., Peabody MA 01960
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 24 Endicott St., Peabody MA 01960