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46 Wallis, Peabody MA 01960

$689,999

Estimated $1,579.75/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $344,999.50

Total Rent: 57600/year

Estimated CAP Rate: 7.55%

2 Bedrooms

2 Full Baths

1,872 SqFt

Total Parking: 2

0 SqFt

Cash in on the scorching Peabody rental market and interest rate slash with this great 2 family located right outside downtown Peabody. Two 2BR 1 Bath units boasting fresh paint with laundry hook ups in units. Don't miss out on this opportunity!

This home has been viewed 25 times

Last Checked: October 31st, 2024 at 4:19am (Source: MLS PIN #73294190)

Gross Income: $57,600

Gross Expenses: $5,531

Net Income Calc: $52,069

CAP Rate: 7.55%

Annual Expenses for 46 Wallis, Peabody MA 01960

Total Gross Expenses (Calculated)$5,531/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,531

Annual Income & Unit Breakdown for 46 Wallis, Peabody MA 01960

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$2,200

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesNo

Unit 2

Rental Income$2,600

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent IncludesNo

General Information for 46 Wallis, Peabody MA 01960

Listing ID73294190

Property TypeMulti Family / 2 Family

Price$689,999 ($368.59/SqFt)

Style2 Family - 2 Units Up/down

CityPeabody

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total1,872 SqFt

Approximate Lot Size (Acres)0

Total Parking2

Garage Parking

Year Built1920

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesEasements

Foundation Area

Foundation DescriptionStone,Brick/Mortar

Accessible Features

Outdoor Space

ZoningR2

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesNo

Energy Features

Terms

Disclosures for 46 Wallis, Peabody MA 01960

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$57,600

Total Net Income By Broker$57,600

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 46 Wallis, Peabody MA 01960

Real Estate Taxes$5,531

Tax Year2024

Assessed Value$423,500

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$57,600

BostonRealEstate.com Gross Income

Total Net Income By Broker$57,600

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.55%

Location Information for 46 Wallis, Peabody MA 01960

Elementary School

Middle SchoolHiggins

High SchoolPeabody H.S.

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesNo

Contact Information for 46 Wallis, Peabody MA 01960

Agent

Name: Michael Alves

Office

Name: Coldwell Banker Realty - Lynnfield

Phone: 781-334-5700

Team Members

Payment Calculator

, Interest

Property Taxes 460.92

Principal & Interest 4251.55

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Lynnfield

Michael Alves

Agent Phone

Office Phone

(781) 334-5700

Text Agent Call Agent Call Office

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    [description] => Cash in on the scorching Peabody rental market and interest rate slash with this great 2 family located right outside downtown Peabody. Two 2BR 1 Bath units boasting fresh paint with laundry hook ups in units. Don't miss out on this opportunity!
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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        )

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                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[22] => Array
                (
                    [id] => 46952279
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73294190&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[23] => Array
                (
                    [id] => 46952280
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73294190&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[24] => Array
                (
                    [id] => 46952281
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73294190&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[25] => Array
                (
                    [id] => 46952282
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73294190&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[26] => Array
                (
                    [id] => 46952283
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73294190&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-10-31 04:19:26
                    [modified] => 2024-10-31 04:19:26
                )

[27] => Array
                (
                    [id] => 46952284
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
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                    [modified] => 2024-10-31 04:19:26
                )

[28] => Array
                (
                    [id] => 46952285
                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-10-31 04:19:26
                )

)

)

EXIT