6 Munroe St, Peabody MA 01960
Peabody, MA 01960
$829,000
$799,000
Est. $4,770/month
About this home
RARE OPPORTUNITY to own this de-leaded three-family property in Peabody! Ideally located close to everything, this is a great option for both owner-occupants and investors.Featuring 3 units, all with 2 bedrooms and 1 bath. Units 2 & 3 offer townhouse-style layouts across two levels. Current rents are below market with long-term tenants, providing strong upside potential.Situated on a one-way street with a spacious basement. Roof is approx. 12 years old. Owner has made several improvements, including renovated Units 1 & 2, new windows (2025), updated bath in Unit 2 (2025), and new front steps (2025).Don’t miss this opportunity to add a solid asset to your investment portfolio!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
3.6%
Price Range
Property Timeline
Price Reduced
May 19, 2026
$799,000
$30,000
(-3.62%)
From $829,000 to $799,000 (-3.6%)
Listed for Sale
Apr 14, 2026
$829,000
Original listing
Agent: Dot Collection
Office: Access
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 05/19/2026 | ↓ Price Reduced | $799,000 | $30,000 | - | From $829,000 to $799,000 (-3.6%) |
| 04/14/2026 | 🏠 Listed for Sale | $829,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,362 | $687,000 |
Financial Details
Annual Property Tax
$6,362
Tax Year 2025
Assessed Value
$687,000
Facts & Features
Home Facts
Type
Residential Income
Style
3 Family
Year Built
1910
Living Area
2,544 sq ft
Lot Size
0.08 acres
Bedrooms
6
Full Baths
3
Total Rooms
13
Investment Metrics
Units
3
Unit 1 Rent
$2,000/mo · N
Unit 2 Rent
$1,325/mo · N
Unit 3 Rent
$1,500/mo · N
Total Monthly Rent
$4,825/mo
Gross Income
$58,200
Net Operating Income
$45,000
Operating Expenses
$13,200
Water/Sewer Expense
$1,200
Electric Expense
$400
Insurance Expense
$2,900
Cap Rate
5.63%
Interior
Heating
Electric, Natural Gas, Baseboard
Cooling
Window Unit(s)
Flooring
Wood, Vinyl, Hardwood
Appliances
Range, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
Full, Dirt Floor, Unfinished
Laundry
None
Features
Ceiling Fan(s), Bathroom With Tub, Bathroom With Shower Stall, Living Room, Dining Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Off Street
Total Spaces
4
Utilities
Electric
Circuit Breakers, 100 Amp Service, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Gas Oven, For Electric Oven
Financial
Annual Tax
$6,362
Assessed Value
$687,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Seller Has Not Occupied The Property. Seller And Sellers Agent Make No Representations Or Warranties. Buyer And Buyers Agent To Verify With The City All The Information. Sold As-is, With Tenants. Right Of Way, Driveway Side, See Plot Plan!
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
38 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
6
Full Bathrooms
3
Living Area
2,544 sq ft
Total Rooms
13
Stories
5
Levels
5
Room Details
Other Floor
Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom
Interior Features
Flooring:
Wood, Vinyl, Hardwood
Appliances:
Range, Microwave, Refrigerator, Freezer
Interior Features:
Ceiling Fan(s), Bathroom With Tub, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen
Windows:
Basement:
Full, Dirt Floor, Unfinished
Laundry:
Security:
Construction & Materials
Year Built:
1910
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Stone
Stories:
5
Heating, Cooling & Utilities
Heating:
Electric, Natural Gas, Baseboard
Heating Zones:
4
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Corner Lot, Easements
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Off Street
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
Thomas Carroll School
0.5 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-
William A Welch Sr School
0.8 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
B
Witchcraft Heights School
0.9 mi
|
#388 of 824
|
Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Middle Schools
3 schools
C+
J. Henry Higgins Middle School
0.8 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
1.4 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
2.7 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
0.9 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
2.2 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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Monthly Payment Breakdown
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Property Tax
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Homeowners Insurance
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
6 Munroe St, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Dot Collection
Listing Office
Access
Office Phone
617-825-8000
Agent MLS ID
TM325586
Office MLS ID
AN4691
Listing Data Updated
May 22, 2026 3:05 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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