$1,120,000
$1,120,000
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62-R Wallis Street Peabody, MA 01960
9 Beds
5 Baths
4,276 SqFt
Key Details
Sold Price $1,120,000
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,276 sqft
Price per Sqft $261
MLS Listing ID 73398645
Sold Date 11/07/25
Bedrooms 9
Full Baths 5
Year Built 1985
Annual Tax Amount $9,677
Tax Year 2025
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type 3 Family
Property Description
Back on Market due to appraisal error: This is a three unit prop. not four. This property A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level is partially finished with exterior entry. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are sub-metered
Location
State MA
County Essex
Zoning R2
Direction Wallis St to McIntire Ct at the end of the street
Rooms
Basement Full, Partially Finished
Interior
Interior Features Stone/Granite/Solid Counters, Upgraded Countertops, Remodeled, Living Room, Kitchen, Family Room
Heating Natural Gas
Cooling Ductless
Flooring Carpet, Laminate, Hardwood
Appliance Range, Microwave, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Exterior Feature Rain Gutters, Garden, Other
Garage Spaces 1.0
Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
Utilities Available for Electric Dryer, Washer Hookup
Roof Type Shingle
Total Parking Spaces 9
Garage Yes
Building
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Marcia De Paula • RE/MAX Executive Realty