Prime 5-Unit Investment in Downtown Peabody, MA

For Sale

11 Park Street, Peabody, MA 01960

This Peabody property for sale is located at 11 Park Street. The current listed sale price for Prime 5-Unit Investment in Downtown Peabody, MA is $1,250,000. Prime 5-Unit Investment in Downtown Peabody, MA is situated on a lot that is 0.1 acre in size.

Contacts

broker

Vivien Marcus

KW Commercial | Faulkner Commercial Group

broker

Janet Faulkner

KW Commercial | Faulkner Commercial Group

Property Details

  • Property Type Multi-Family
  • Units 0
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • # of Floors 2
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1900
  • Year Renovated 2005
  • Date Updated Oct 4, 2024

Presenting an exceptional investment opportunity in the heart of downtown Peabody: a fully occupied building featuring five one-bedroom apartments, each equipped with its own dedicated parking space. This prime location offers unparalleled convenience, with tenants benefiting from close proximity to bus lines, major commuter routes, and the train station, ensuring easy and efficient travel options. The rental package includes heat and hot water, streamlining the billing process and significantly boosting tenant satisfaction.

This well-maintained property is poised to provide a steady income stream and long term appreciation potential for discerning investors. Seller Financing to be considered for qualified buyers.

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Getting around

  • 92/100

    Walk Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Peabody, MA
  • Neighborhood Peabody
  • Zip Code 01960
  • Market Boston

Points of Interest

  • Beverly Depot

    2.65 miles

  • Wonderland

    8.33 miles

  • Revere Beach

    8.70 miles

  • Beachmont

    9.37 miles

  • Oak Grove

    9.48 miles

  • BP

    1.79 miles

  • Mobil

    1.81 miles

  • Prime Gas Station

    1.85 miles

  • Shell

    1.86 miles

  • Sunoco

    1.92 miles

  • Shell

    1.96 miles

  • University Fuel

    2.19 miles

  • Richdale

    2.96 miles

  • Gulf

    3.25 miles

  • Mobil

    3.26 miles

  • Crombie Street Lot

    1.49 miles

  • Public Parking

    1.61 miles

  • Church St Lot

    1.66 miles

  • Church St Meter Lot

    1.69 miles

  • South Harbor Garage‎

    1.87 miles

  • O'Keefe Lot

    2.06 miles

  • O'Keefe Back Lot

    2.07 miles

  • Broadway Lot

    2.11 miles

  • Stanley Lot

    2.16 miles

  • Ninety Nine

    2.19 miles

  • Boston Marriott Peabody

    1.57 miles

  • The Merchant

    1.59 miles

  • Hotel Salem

    1.66 miles

  • Hampton Inn Salem Boston

    1.68 miles

  • Lafeyette Hotel

    1.75 miles

  • Econo Lodge

    1.76 miles

  • Amelia Payson House Bed & Breakfast

    1.85 miles

  • Hawthorne Hotel

    1.87 miles

  • The Salem Waterfront Hotel & Suites

    1.92 miles

  • Sonesta Select Boston Danvers

    2.20 miles

  • Stop & Shop

    0.51 miles

  • JCPenney

    1.37 miles

  • Market Basket

    1.38 miles

  • Nordstrom

    1.45 miles

  • Target

    1.47 miles

  • Northshore Mall

    1.49 miles

  • TJ Maxx

    1.55 miles

  • Macy's Mens & Children's Store

    1.55 miles

  • Shaw's

    1.56 miles

  • Shaw's

    1.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Prime 5-Unit Investment in Downtown Peabody, MA