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Active Under Contract

39 Washington St, Peabody MA 01960

$1,050,000

Estimated $2,498/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $525,000

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

3536

Total Parking: 12 (4 Garage)

18,199 (0.42)

A rare opportunity for contractors, investors, or buyers looking to own a piece of Peabody history. The Rufus Brown House is a distinctive historic multi-family property that has been cherished by the same family for generations and is conveniently located close to downtown. Set on approximately 0.42 acres (26,180 square feet) and located in an R-4 zoning district, the property offers a unique combination of historic character, land, parking, and potential. The property is currently configured as two residential units and features a four-car garage along with abundant off-street parking. The substantial lot and R-4 zoning may provide opportunities to explore renovation, expansion, additional residential use, or other permitted improvements, subject to applicable zoning requirements, building and fire codes, historic considerations, and all required municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of Peabody and appropriate professionals regarding any future use, alteration, expansion, or redevelopment. The home itself is filled with remarkable period details, including a classic brick sidewalk, dentil molding, large 6-over-6 windows, four marble fireplaces, Austrian crystal chandeliers, sconces, and beautiful original moldings. Curved doors and impressive 11-foot ceilings further showcase the craftsmanship and architectural character of this distinctive property. Adding to its versatility, the property was formerly used as a dentist's office, reflecting its history of accommodating professional use. The existing property, generous land area, parking, garage, and multifamily zoning make this an intriguing opportunity for a contractor, investor, owner-occupant, or buyer interested in restoring and preserving a piece of Peabody history. Special Showing Instructions: SHOWINGS BY APPOINTMENT ONLY

This home has been viewed 4 times

Last Checked: September 21st, 2026 at 8:48am (Source: MLS PIN #73566029)

Gross Income: $0

Gross Expenses: $9,539

Net Income Calc: $9,539

Water Views

Annual Expenses for 39 Washington St, Peabody MA 01960

Total Gross Expenses (Calculated)$9,539/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax9539.13

Annual Income & Unit Breakdown for 39 Washington St, Peabody MA 01960

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 39 Washington St, Peabody MA 01960

Listing ID73566029

Property TypeMulti Family

Price1050000 ($296.95/SqFt)

StyleMulti Family

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total3536

Approximate Lot Size (Acres)0.42

Total Parking12 (4 Garage)

Garage Parking4

Year Built1860

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningR4

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 39 Washington St, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 39 Washington St, Peabody MA 01960

Real Estate Taxes9539.13

Tax Year2026

Assessed Value$1,007,300

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 39 Washington St, Peabody MA 01960

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 39 Washington St, Peabody MA 01960

Agent

Name: Jan Pellegrini

Office

Name: Keller Williams Realty Evolution

Phone: 978-927-8700

Team Members

Payment Calculator

, Interest

Property Taxes 794.93

Principal & Interest 6469.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Jan Pellegrini

Agent Phone

Office Phone

(978) 927-8700

Text Agent Call Agent Call Office

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EXIT

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