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114 Central St, Peabody MA 01960

$1,025,000

Estimated $2,266/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $512,500

Total Rent: 36000/year

Estimated CAP Rate:

8 Bedrooms

Baths

3884

Total Parking: 8

5,878 (0.13)

**Presenting this grand and beautifully maintained 3,884 sq. ft. two-family home offering spacious and versatile living throughout.** Each unit features 3 bedrooms and 1 bath, with additional finished living space in the basement featuring 5 rooms, including 2 bedrooms and 1 bath.The property offers flexible living arrangements ideal for owner occupancy, investment, or multigenerational living. A new roof was installed in 2021, and all major appliances are included. Conveniently located with excellent access to regional highways, shopping, restaurants, the mall, and more. This home offers generous space and versatility throughout, while the unfinished attic provides additional storage and future potential, subject to applicable approvals.A wonderful opportunity to own a substantial and flexible two-family property with room to accommodate a variety of living needs and investment goals.

This home has been viewed 6 times

Last Checked: September 29th, 2026 at 12:08pm (Source: MLS PIN #73566046)

Gross Income: $36,000

Gross Expenses: $7,251

Net Income Calc: $28,749

Annual Expenses for 114 Central St, Peabody MA 01960

Total Gross Expenses (Calculated)$7,251/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7251

Annual Income & Unit Breakdown for 114 Central St, Peabody MA 01960

Total Gross Income (Calculated)$36,000

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 114 Central St, Peabody MA 01960

Listing ID73566046

Property TypeMulti Family

Price1025000 ($263.9/SqFt)

StyleMulti Family

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3884

Approximate Lot Size (Acres)0.13

Total Parking8

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningBN

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 114 Central St, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsRefrigerator In Basement And Table In The Kitchen.

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 114 Central St, Peabody MA 01960

Real Estate Taxes7251

Tax Year2025

Assessed Value$783,000

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 114 Central St, Peabody MA 01960

Elementary SchoolThomas Carroll Elementary

Middle SchoolHiggins Middle School

High SchoolPeabody Veterans Memorial High

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 114 Central St, Peabody MA 01960

Agent

Name: Esther Summersett

Office

Name: Hadassah Homes, Inc.

Phone: 781-309-2010

Team Members

Payment Calculator

, Interest

Property Taxes 604.25

Principal & Interest 6315.72

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Hadassah Homes, Inc.

Esther Summersett

Agent Phone

Office Phone

(781) 309-2010

Text Agent Call Agent Call Office

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    [unparsed] => 114 Central St, Peabody MA 01960
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EXIT

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