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Closed

29 Proctor St, Peabody MA 01960

$929,900

Estimated $2,020.91/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $309,966.67

Total Rent: 33600/year

Estimated CAP Rate: 2.95%

8 Bedrooms

3 Full Baths

3,720 SqFt

Total Parking: 4

5,249 SqFt

Welcome investors, welcome all to this charming multifamily! Units 1 & 2 have 2 bedroom, 1 bath and while unit 3 has 3 bedrooms, 1 bath. Each unit is separately metered for electricity, heat, hot water which the tenants pay directly. Shared laundry for units 1 & 3 in the basement. Hardwood floors throughout. Great location close to downtown Peabody. Open houses April 22nd and 23rd from 12pm to 2pm

This home has been viewed 27 times

Last Checked: May 7th, 2024 at 7:56am (Source: MLS PIN #73101436)

Gross Income: $33,600

Gross Expenses: $6,157

Net Income Calc: $27,443

CAP Rate: 2.95%

Annual Expenses for 29 Proctor St, Peabody MA 01960

Total Gross Expenses (Calculated)$6,157/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$6,157

Annual Income & Unit Breakdown for 29 Proctor St, Peabody MA 01960

Total Gross Income (Calculated)$33,600

Unit 1

Rental Income$1,300

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent Includes

General Information for 29 Proctor St, Peabody MA 01960

Listing ID73101436

Property TypeMulti Family / 3 Family

Price$929,900 ($249.97/SqFt)

Style3 Family

CityPeabody

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total3,720 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking4

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

ZoningR1A

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 29 Proctor St, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$33,600

Total Net Income By Broker$33,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensationn/a

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 29 Proctor St, Peabody MA 01960

Real Estate Taxes$6,157

Tax Year2023

Assessed Value$646,700

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$33,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$33,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.95%

Location Information for 29 Proctor St, Peabody MA 01960

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area Amenities

Contact Information for 29 Proctor St, Peabody MA 01960

Agent

Name: Kouassi Lapierre

Office

Name: Berkshire Hathaway HomeServices Commonwealth Real Estate

Phone: 508-879-0555

Payment Calculator

, Interest

Property Taxes 513.08

Principal & Interest 5729.75

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Commonwealth Real Estate

Kouassi Lapierre

Agent Phone

Office Phone

(508) 879-0555

Text Agent Call Agent Call Office

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EXIT

Closed

29 Proctor St, Peabody MA 01960

$929,900

Annual Expenses for 29 Proctor St, Peabody MA 01960

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Financial Information for 29 Proctor St, Peabody MA 01960

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Berkshire Hathaway HomeServices Commonwealth Real Estate

Kouassi Lapierre