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61 Tracey Street, Peabody MA 01960 – 4 bed 3 bath For Sale – 73327811

$ 885,900
61 Tracey Street, Peabody MA 01960,

Overview

  • Updated On:
  • February 6, 2025
  • listingid
  • 73327811
  • 4 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 4 Non-Garage Parking Spaces
  • 1991

Description

Tremendous Opportunity for Investors or Owner Occupants! This 2-family property offers incredible potential for cash flow with its modern updates that make it an irresistible value. The 1st floor unit features 2 bedrooms and 2 full bathrooms, boasting a spacious living area with ample natural light and an updated kitchen with newer appliances. Additionally, there is a large family room and an office located on the lower level . The 2nd floor unit comprises of 2 bedrooms and 1 bathroom, with a kitchen that also has newer appliances and a walk-up attic for extra storage. Both units have numerous updated features, including new bathroom vanities, light fixtures, windows, and newer hot water tanks to name a few.. The property also includes added storage in the basement, a shared washer/dryer, and an outdoor shed. Close to shopping and major highways. This is a must-see property that won’t last long! Open houses Sat. 1/25 & Sun.1/26 from 11:00 to 12:30. No showing until open houses.

Property Listing Details

Overview

MLS Status
Price $ 885,900
Living Area 3,184.00 ft2
Bedrooms 4
Total Rooms 10
Listing MLS ID 73327811
Days on Market 13
Bathrooms 3

Unit Information

Bedrooms 4
Full Bathrooms 3
Half Bathrooms 0
Cooling Central Air
Heating Natural Gas,Electric,Forced Air
Uncovered Parking 4
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features Washer & Dryer Hookup
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Walk-Out Access
Patio And Porch Features
Parking Features Paved Drive,Shared Driveway,Off Street,Paved
Waterview Features
Flooring Wood,Tile,Carpet

Building Information

Building Name
Units in Building 2
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials Frame
Year Built 1991
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Walk-Out Access
Roof Shingle

Additional Details

Community Features Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Private School,Public School
Disclosures
Last Updated 2025-02-06T08:30:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number 076019A,2104890
Original List Price 885900
Listing Office re/max 360
Tax Annual Amount 6943.15
Tax Assessed Value 749800
Tax Book Number 41388
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning R2
Listing Agent luciano leone team

Property Address

Address: 61 Tracey Street, Peabody MA 01960
City:
State/County:
Zip: 01960
Country: US

Amenities and Features

Other Features
Bathroom With Tub
Dishwasher
Dryer
Family Room
Floored Attic
Has Cooling System
Has Heating System
Kitchen
Laundry Room
Living Room
Office/Den
Open Parking
Rain Gutters
Range
Range Hood
Refrigerator
Walk-up Attic
Washer

Payment Calculator

$ 5,075.97
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,249.13

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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61 Tracey Street, Peabody MA 01960 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

61 Tracey Street, Peabody MA 01960 – 4 bed 3 bath For Sale – 73327811

$ 885,900

Status:

61 Tracey Street, Peabody MA 01960, , , 01960

Country: US

Property Overview

MLS #: 73327811

Type: /

Action:

Year Built: 1991 (Actual, Source: Public Records, Effective: )

Living Area: 3,184.00 ft2 (Total: 3184 Square Feet, Source: Public Records)

Lot Size: 0.10 ft2 (Area: 0.1 Acres, SqFt: 4556)

Total Rooms: 10

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 4 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement: Full,Walk-Out Access

Fireplaces: 0 ()

Flooring: Wood,Tile,Carpet

Laundry: Washer & Dryer Hookup

Window Features: Insulated Windows

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Concrete Perimeter (Area: )

Roof: Shingle

Stories: 3 ()

Common Walls:

Body Type:

Utilities & Green Features

Heating: Natural Gas,Electric,Forced Air

Cooling: Central Air

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: Individually Metered (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 4

Parking Features: Paved Drive,Shared Driveway,Off Street,Paved

Pool:

Spa:

Patio/Porch:

Fencing:

Lot Features: Easements,Gentle Sloping

View: (, Waterview Y/N: No)

Waterfront:

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures: Shed(s)

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Shopping,Park,Walk/Jog Trails,Golf,Medical Facility,Bike Path,Conservation Area,Highway Access,House of Worship,Private School,Public School

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: Higgins, H: Peabody Vets.

Zoning: R2 ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Tremendous Opportunity for Investors or Owner Occupants! This 2-family property offers incredible potential for cash flow with its modern updates that make it an irresistible value. The 1st floor unit features 2 bedrooms and 2 full bathrooms, boasting a spacious living area with ample natural light and an updated kitchen with newer appliances. Additionally, there is a large family room and an office located on the lower level . The 2nd floor unit comprises of 2 bedrooms and 1 bathroom, with a kitchen that also has newer appliances and a walk-up attic for extra storage. Both units have numerous updated features, including new bathroom vanities, light fixtures, windows, and newer hot water tanks to name a few.. The property also includes added storage in the basement, a shared washer/dryer, and an outdoor shed. Close to shopping and major highways. This is a must-see property that won’t last long! Open houses Sat. 1/25 & Sun.1/26 from 11:00 to 12:30. No showing until open houses.

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 2

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 2, Half Baths: 0, Levels: 2, Rent: 3100, Lease: Y

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 2712, Lease: Y

Unit 3: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 6943.15 (Year: 2025)

Tax Assessed Value: 749800

Tax Block/Lot/Book/Map: 0019-A / / 41388 / 0076

Parcel Number: 076019A,2104890

Special Licenses:

Current Financing:

Gross Income: 69744 (Scheduled: )

Net Operating Income: 69744

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes: Unit 1(Water),Unit 2(Water)

Total Actual Rent: 5812

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: (MLS ID: TM300442) / Team: CN209122

Listing Office: (MLS ID: AN8815)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-01-21

Expiration Date: 1900-01-01

Original List Price: 885900

Price Per SqFt (List): 278.23

Market Time (Property): 13 (Broker: 13, Prev Broker: , Prev Property: 0)

MLS Status: Under Agreement

Possession:

Directions: Central St. to Tremont St to Tracey St

Disclosures: , Y

Lead Paint: Unknown

Title 5:

Exclusions: The Washer & Dryer In Unit 1 And Outdoor Surveillance Cameras Are Excluded From The Sale.

Contingency: Pending P&S

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: The lower level is street level in the front (Incl. Base: Yes, Other: )

Master Book/Page: / (Page: 0312)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date: 2025-02-28T05:00:00.000Z

Concessions Amount:

Purchase Contract Date: 2025-01-27

Sold vs Rent:

System Information

Property ID: 1652033

Modification Timestamp: 2025-02-06T08:30:00.000Z

Bridge Modification Timestamp: 2025-02-06T08:34:11.599Z

Original Entry Timestamp: 2025-01-21T16:43:00.000Z

Status Change Timestamp: 2025-02-03T14:07:00.000Z

Off Market Date: 2025-02-03

Development Status:

Business Type:

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