49 Lowell St, Peabody MA 01960
Peabody, MA 01960
$1,100,000
Est. $6,510/month
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About this home
Discover this prime commercial property in the heart of Peabody! Featuring two fully leased units, this property offers steady income stream and a promising investment for the future. This Beautiful brick building is situated in a desirable location with high visibility and easy access to major routes, it presents endless potential for growth. 2 levels above grade plus basement level. Whether you're expanding your portfolio or seeking a reliable income-generating asset, this property is a perfect fit. Don't miss out on this exceptional opportunity. Schedule a showing today!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Mar 1, 2026
$1,100,000
Original listing
Agent: Rosa DeCastro
Office: Lynnway Associates
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/01/2026 | 🏠 Listed for Sale | $1,100,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,972 | — |
Financial Details
Annual Property Tax
$8,972
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1950
Living Area
5,385 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
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
Public Water, Public Sewer
Financial
Annual Tax
$8,972
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Both Units Are Currently Leased. Unit 1 Is Currently At 3-year Lease, Unit 2 Is Currently At Tenant At Will. Rent Rolls Will Be Provided Upon Request. Sellers Finance Available.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1950
Living Area
5,385 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:
1950
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
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
3 schools
C-
William A Welch Sr School
0.6 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
Thomas Carroll School
0.7 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
C-
Center School
0.8 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
Middle Schools
3 schools
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
C+
Collins Middle School
1.5 mi
|
#219 of 352
|
Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B-
Holten Richmond Middle School
2.8 mi
|
#183 of 352
|
Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students
Moderate
Grades 06-08
High Schools
3 schools
Bishop Fenwick High School
1.1 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.7 mi
|
#144 of 346
|
Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students
Diverse
18 sports
• 1,080 athletes
Early College Program
Career Tech Programs
College Ready Curriculum
Strong Athletics
Grades 09-12
B+
Salem Academy Charter School
2.3 mi
|
#139 of 346
|
Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students
Diverse
10 sports
• 568 athletes
High Graduation Rate
Rising School
College Ready Curriculum
Grades 06-12
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Loan Amount
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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
$748
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Total principal paid
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Total interest paid
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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
49 Lowell St, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Rosa DeCastro
Listing Office
Lynnway Associates
Office Phone
781-558-8518
Agent MLS ID
CN238628
Office MLS ID
AN7887
Listing Data Updated
Mar 5, 2026 3:05 AM EST
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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