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54 Paleologos, Peabody MA 01960

$619,900

Estimated $1,401.59/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $309,950

Total Rent: 39600/year

Estimated CAP Rate: 5.62%

7 Bedrooms

3 Full Baths

2,177 SqFt

Total Parking: 3

3,319 SqFt

Investment opportunity 3 level 2 family located in central Peabody. First floor needs some renovating , but well worth your sweat and equity. Second floor is two bedrooms living room and eat in kitchen & full bath. This unit expands to the third floor with another full bath and three bedrooms for the larger family. Plenty of space in basement for storage. Walk to downtown restaurants, groceries, pharmacies, banks, schools and retail. Heres your chance to buy in the city.

This home has been viewed 30 times

Last Checked: May 7th, 2024 at 7:36am (Source: MLS PIN #73048824)

Gross Income: $39,600

Gross Expenses: $4,757

Net Income Calc: $34,843

CAP Rate: 5.62%

Annual Expenses for 54 Paleologos, Peabody MA 01960

Total Gross Expenses (Calculated)$4,757/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,757.10

Annual Income & Unit Breakdown for 54 Paleologos, Peabody MA 01960

Total Gross Income (Calculated)$39,600

Unit 1

Rental Income$1,700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,600

LeaseN

Bedrooms5

Bathrooms2 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 54 Paleologos, Peabody MA 01960

Listing ID73048824

Property TypeMulti Family

Price$619,900 ($284.75/SqFt)

StyleMulti Family

CityPeabody

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,177 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 54 Paleologos, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosureextra square footage in basement available

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$39,600

Total Net Income By Broker$39,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 54 Paleologos, Peabody MA 01960

Real Estate Taxes$4,757.10

Tax Year2022

Assessed Value$471,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$39,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$39,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)5.62%

Location Information for 54 Paleologos, Peabody MA 01960

Elementary SchoolCarroll

Middle SchoolHiggins

High SchoolVeterans Mem

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Public Transportation

Contact Information for 54 Paleologos, Peabody MA 01960

Agent

Name: The Mavroules Team

Office

Name: Good Deeds Realty Partners

Phone: 978-423-4654

Team Members

Name: Pamela Mavroules

Phone: 978-808-0234

Payment Calculator

, Interest

Property Taxes 396.43

Principal & Interest 3819.63

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Good Deeds Realty Partners

The Mavroules Team

Agent Phone

Office Phone

(978) 423-4654

Text Agent Call Agent Call Office

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[id] => 343195
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EXIT