78 Endicott St, Peabody MA 01960 – 8 bed 4 bath For Sale – 73330578
Overview
- Updated On:
- February 18, 2025
-
- 73330578
- 8 Bedrooms
- 4 Bathrooms
- 0 Garage Spaces
- 6 Non-Garage Parking Spaces
- 1900
Description
Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 899,995 |
| Living Area | 2,870.00 ft2 |
| Bedrooms | 8 |
| Total Rooms | 16 |
|---|---|
| Listing MLS ID | 73330578 |
| Days on Market | 20 |
| Bathrooms | 4 |
Unit Information
| Bedrooms | 8 |
|---|---|
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Cooling | Window Unit(s) |
| Heating | Forced Air,Natural Gas,Baseboard |
| Uncovered Parking | 6 |
| Garage Parking | 0 |
| Water View | |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Sump Pump |
| Patio And Porch Features | Enclosed |
| Parking Features | Paved Drive,Off Street,Assigned,Driveway,Paved |
| Waterview Features | |
| Flooring | Wood,Tile,Carpet,Laminate |
Building Information
| Building Name | |
|---|---|
| Units in Building | 4 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Sump Pump |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,University |
|---|---|
| Disclosures | 2 units to be delivered vacant,3rd unit claims they are moving out 3/1/25,4th unit yet to secure housing to our knowledge,remaining tenants are month to month. New sump pump installed. Buyer and buyer's agent to do due diligence |
| Last Updated | 2025-02-18T08:30:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:0074 B:0075C,2104199 |
| Original List Price | 899995 |
| Listing Office | compass |
| Tax Annual Amount | 6828 |
|---|---|
| Tax Assessed Value | 737400 |
| Tax Book Number | 0 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | R4 |
| Listing Agent | alexander koziakov |
Amenities and Features
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78 Endicott St, 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.
78 Endicott St, Peabody MA 01960 – 8 bed 4 bath For Sale – 73330578
$ 899,995
Status: Pending
78 Endicott St, Peabody MA 01960, Peabody, , Essex 01960
Country: US
Property Overview
MLS #: 73330578
Type: 4 Family /
Action: Residential Income
Year Built: 1900 (Actual, Source: Public Records, Effective: )
Living Area: 2,870.00 ft2 (Total: 2870 Square Feet, Source: Public Records)
Lot Size: 0.08 ft2 (Area: 0.08 Acres, SqFt: 3511)
Total Rooms: 16
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 8 (Main Level: )
Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )
Basement: Sump Pump
Fireplaces: 0 ()
Flooring: Wood,Tile,Carpet,Laminate
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Stone,Brick/Mortar (Area: )
Roof: Shingle
Stories: 6 (6)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Forced Air,Natural Gas,Baseboard
Cooling: Window Unit(s)
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range,for Gas Oven
Electric: 100 Amp Service,Individually Metered (Expense: 600)
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: 6
Parking Features: Paved Drive,Off Street,Assigned,Driveway,Paved
Pool:
Spa:
Patio/Porch: Enclosed
Fencing:
Lot Features: Gentle Sloping
View: (, Waterview Y/N: )
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Medical Facility,Laundromat,Bike Path,Highway Access,House of Worship,Private School,Public School,University
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: R4 ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!
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: 4
Units Owner Occupied:
Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1000, Lease: N
Unit 3: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 4: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 850, Lease: N
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 6828 (Year: 2025)
Tax Assessed Value: 737400
Tax Block/Lot/Book/Map: / / 0 /
Parcel Number: M:0074 B:0075C,2104199
Special Licenses:
Current Financing:
Gross Income: 22200 (Scheduled: )
Net Operating Income: 17400
Operating Expense: 18400 (Water/Sewer: 4200, Insurance: 9600)
Financial Data Source: Estimated,Owner
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Total Actual Rent: 1850
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: (MLS ID: CT005507) / Team: TM342460
Listing Office: (MLS ID: AN3337)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-01-29
Expiration Date: 1900-01-01
Original List Price: 899995
Price Per SqFt (List): 313.59
Market Time (Property): 20 (Broker: 20, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: Use google maps
Disclosures: 2 units to be delivered vacant,3rd unit claims they are moving out 3/1/25,4th unit yet to secure housing to our knowledge,remaining tenants are month to month. New sump pump installed. Buyer and buyer's agent to do due diligence, Y
Lead Paint: Unknown
Title 5:
Exclusions:
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: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 0)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-03-17T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-02-03
Sold vs Rent:
System Information
Property ID: 1698044
Modification Timestamp: 2025-02-18T08:30:00.000Z
Bridge Modification Timestamp: 2025-02-18T08:34:33.955Z
Original Entry Timestamp: 2025-01-29T23:54:00.000Z
Status Change Timestamp: 2025-02-18T08:05:00.000Z
Off Market Date: 2025-02-17
Development Status:
Business Type:
