149 Washington St, Peabody MA 01960
Peabody, MA 01960
$1,285,000
$1,250,000
Est. $7,392/month
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About this home
Price Reduction! A Rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Square. This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1. Rents are below market value.
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Property History
Market Insights
1
Price Changes
2.7%
Price Range
Property Timeline
Price Reduced
Jul 17, 2026
$1,250,000
$35,000
(-2.72%)
From $1,285,000 to $1,250,000 (-2.7%)
Listed for Sale
May 2, 2026
$1,285,000
Original listing
Agent: Lisa Leonard
Office: Century 21 Mario Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/17/2026 | ↓ Price Reduced | $1,250,000 | $35,000 | - | From $1,285,000 to $1,250,000 (-2.7%) |
| 05/02/2026 | 🏠 Listed for Sale | $1,285,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,451 | — |
Financial Details
Annual Property Tax
$10,451
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1890
Living Area
4,617 sq ft
Lot Size
0.07 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer, Natural Gas Available
Financial
Annual Tax
$10,451
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Rents Are Below Market Value. Rent Includes Heat & Hot Water Res & Com. All Units Taw W/exception To 1-8/26. 1 Commercial Space & 1 Residential # 3 Currently Vacant. See Mls # 73511500 For Rents. I & E And Proforma Available Upon Request. Seller Will Not Entertain An Loi. Offer To Purchase Only
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1890
Living Area
4,617 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1890
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Peabody School District local
C
School Safety
2024-25
2.1%
Average
1.9%
Suspensions
1.7%
In-School
0.2%
Emergency
3.4% below state avg
Elementary Schools
10 schools
Covenant Christian Academy
3.9 mi
Grades PK-12
The Recreational Education Center, LLC
3.9 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
5.2 mi
|
#346 of 346
|
Score: 14.3
Improved 32 spots from last year
-43.9 below state avg
97 students
Diverse
Rising School
Grades K-12
C-
William A Welch Sr School
0.2 mi
|
#666 of 824
|
Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students
Diverse
Rising School
Grades K-05
C-
Center School
0.9 mi
|
#731 of 824
|
Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students
Diverse
Diverse Student Body
Grades PK-05
A-
South Memorial School
0.9 mi
|
#235 of 824
|
Score: 53.0
Improved 270 spots from last year
-5.2 below state avg
506 students
Moderate
Rising School
Grades PK-05
C
Thomas Carroll School
1.1 mi
|
#611 of 824
|
Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
B-
Captain Samuel Brown School
1.3 mi
|
#482 of 824
|
Score: 45.3
Improved 39 spots from last year
-12.9 below state avg
369 students
Diverse
Rising School
Grades K-05
C
John E. McCarthy School
3.8 mi
|
#612 of 824
|
Score: 40.0
Dropped 34 spots from last year
-18.2 below state avg
385 students
Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
4.6 mi
|
#284 of 824
|
Score: 51.2
Improved 182 spots from last year
-7 below state avg
294 students
Moderate
Rising School
Grades PK-05
Middle Schools
1 school
C+
J. Henry Higgins Middle School
0.6 mi
|
#240 of 352
|
Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students
Diverse
Grades 06-08
High Schools
2 schools
Bishop Fenwick High School
1.5 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.7 mi
|
#251 of 346
|
Score: 45.9
Improved 8 spots from last year
-12.3 below state avg
1,333 students
Diverse
19 sports
• 1,614 athletes
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$871
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
149 Washington St, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Lisa Leonard
Listing Office
Century 21 Mario Real Estate
Office Phone
617-569-6044
Agent MLS ID
BB900332
Office MLS ID
BB2945
Listing Data Updated
Jul 26, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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