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Active

149 Washington St, Peabody MA 01960

$1,285,000

Estimated $2,955/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $214,166.67

Total Rent: 87600/year

Estimated CAP Rate:

8 Bedrooms

Baths

4617

Total Parking: 0

3,223 (0.07)

Located in Peabody town center- a rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Sq.This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic, ample off street parking and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1. Rents are below market value.

This home has been viewed 16 times

Last Checked: May 2nd, 2026 at 10:58am (Source: MLS PIN #73511500)

Gross Income: $87,600

Gross Expenses: $10,451

Net Income Calc: $77,149

Water Views

Annual Expenses for 149 Washington St, Peabody MA 01960

Total Gross Expenses (Calculated)$10,451/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10451

Annual Income & Unit Breakdown for 149 Washington St, Peabody MA 01960

Total Gross Income (Calculated)$87,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 149 Washington St, Peabody MA 01960

Listing ID73511500

Property TypeMulti Family / 5+ Family

Price1285000 ($278.32/SqFt)

Style5-9 Family

CityPeabody

CountyEssex

MLS AreaSouth Peabody

Neighborhood(s)Ipswich

Approximate Living Area Total4617

Approximate Lot Size (Acres)0.07

Total Parking0

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningBN2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 149 Washington St, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRecording Devices

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 149 Washington St, Peabody MA 01960

Real Estate Taxes10451

Tax Year2025

Assessed Value$768,100

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 149 Washington St, Peabody MA 01960

Neighborhood(s)Ipswich

MLS AreaSouth Peabody

Area AmenitiesWalk/jog Trails

Contact Information for 149 Washington St, Peabody MA 01960

Agent

Name: Lisa Leonard

Office

Name: Century 21 Mario Real Estate

Phone: 617-569-6044

Payment Calculator

, Interest

Property Taxes 870.92

Principal & Interest 7917.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Mario Real Estate

Lisa Leonard

Agent Phone

Office Phone

(617) 569-6044

Text Agent Call Agent Call Office

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EXIT

14 More Photos

Active

149 Washington St, Peabody MA 01960

$1,285,000

Annual Expenses for 149 Washington St, Peabody MA 01960

Annual Income & Unit Breakdown for 149 Washington St, Peabody MA 01960

General Information for 149 Washington St, Peabody MA 01960

Disclosures for 149 Washington St, Peabody MA 01960

Financial Information for 149 Washington St, Peabody MA 01960

Location Information for 149 Washington St, Peabody MA 01960

Contact Information for 149 Washington St, Peabody MA 01960

Agent

Office

Payment Calculator

Exclusive Listing Agent

Century 21 Mario Real Estate

Lisa Leonard