Attractive 2 family on corner lot w/ large yard & 2 car garage w/ loft. Great location. Both apartments have newer Harvey windows, updated kitchens w/ granite counters/updated tile bthrms. Units are in very good condition. Both units have private entrances and sep. utilities. 5 rm/2 bdrm/porch on 1st fl. 1st floor has private stairway to basement for laundry. 4 rm/2 bdrm/3 season porch on 2nd fl. 1 newer oil steam boiler & 1 older oil steam boiler, separate electric and gas. 3rd fl would be a great townhouse with the 2nd fl (with a private entrance). Taxed as a 3 family. Was used as a 3 family in the past. See seller affidavit to Bldg Inspector dated 2.8.23 that property is a 2 family. Being sold as a 2 family home. Seller & Agent make no representations that a 3rd unit will be allowed. Property can be seen on Sundays from 2:30-5 and Tuesday from 4-6:30 only. Tenants, appointment required. Agent must accompany showing. Email listing agent for showings. Do not call.
This home has been viewed 52 times
Last Checked: May 7th, 2024 at 2:06am (Source: MLS PIN #73061994)
Gross Income: $32,400
Gross Expenses: $5,418
Net Income Calc: $26,982
Water Views
Annual Expenses for 48 Driscoll St, Peabody MA 01960
Total Gross Expenses (Calculated)$5,418/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax5418
Annual Income & Unit Breakdown for 48 Driscoll St, Peabody MA 01960
Total Gross Income (Calculated)$32,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 48 Driscoll St, Peabody MA 01960
Listing ID73061994
Property TypeMulti Family
Price679000 ($253.74/SqFt)
StyleMulti Family
CityPeabody
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2676
Approximate Lot Size (Acres)0.22
Total Parking10 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Area999
Foundation Description
Accessible Features
Outdoor Space
ZoningR1A
Water ViewsNo
Water Views Features
Waterfront Features
Terms
Disclosures for 48 Driscoll St, Peabody MA 01960
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 48 Driscoll St, Peabody MA 01960
Real Estate Taxes5418
Tax Year2022
Assessed Value$536,400
Financial Data Source
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 48 Driscoll St, Peabody MA 01960
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 48 Driscoll St, Peabody MA 01960