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INVESTMENT SNAPSHOT
About this property
OPEN HOUSE SATURDAY the 7th 11-1PM ONLY.....OPPORTUNITY KNOCKS, TWO-FAMILY WITH 3-BAY GARAGE, SEPARATE UTILITIES & AMPLE PARKING! Fantastic opportunity to own a versatile two-family residence at 115 Lynn Street in Peabody! This classic Old-Style home, built in 1935, offers approximately 1,926 square feet of living space with two separate units, each featuring 2 bedrooms and 1 full bath. With a total of 8 rooms and 4 bedrooms, this property is ideal for investors, owner-occupants looking to offset their mortgage, or those seeking multi-generational living. Additional highlights include separate utilities, a desirable 3-bay garage, and plenty of off-street parking on a paved driveway. Situated on a 6,625-square-foot lot, the property also features a full basement with great storage and interior and exterior accesss. Conveniently located close to downtown Peabody, with easy access to major highways, shopping, restaurants, and area amenities. A wonderful opportunity to own a multi-family property offering flexibility, income potential, and valuable garage space.The upper level offers an opportunity to possibly finish and gain extra square footage. The garage and attic both have endless expansion possibilities. Don't miss out!
Property details
| Units | 2 |
| Living area | 1,926 sqft |
| Lot size | 6,625 sqft |
| Year built | 1935 |
| Price / sqft | $389 |
| County | Essex |
| MLS # | 73597548 |
Listing status
| Days on market | 0 days |
| Listed on | November 2, 2026 |
Taxes & financials
| Annual property tax | $6,069 |
| Tax year | 2026 |
| Assessed value | $640,900 |
| Zoning | R1A |
| Gross income (actual) | $43,200/yr |
| Net operating income (actual) | $43,200/yr |
| Total actual rent | $3,600/mo |
Building & lot
| Stories | 3 |
| Total rooms | 8 |
| Lot size | 0.15 acres |
| Garage spaces | 3 |
| Parking spaces | 10 |
| Parking | Paved Drive, Driveway, Paved |
| Basement | Full, Bulkhead, Slab, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Tile, Hardwood |
Utilities & systems
| Heating | Oil |
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range, Dishwasher, Refrigerator |
Location
More about investing in Peabody →
Listing courtesy of J. Barrett & Company — Steven Graczyk. Listing data © MLS PIN.
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Questions & answers
Answered from the listing data and public map data.
How many units does 115 Lynn St, Peabody MA 01960 have?
It is a 2-unit multi-family property with 1,926 sqft of living area, built in 1935.
How long has 115 Lynn St, Peabody MA 01960 been on the market?
115 Lynn St, Peabody MA 01960 has been listed for 0 days (since November 2, 2026).
What is the price per unit?
At a list price of $749,999 across 2 units, that works out to roughly $375,000 per unit.
What are the property taxes on 115 Lynn St, Peabody MA 01960?
Annual property taxes are $6,069 (2026), on an assessed value of $640,900.
What is the price per square foot?
At $749,999 for 1,926 sqft, that's about $389 per square foot.
Is there parking?
3 garage spaces and 10 total parking spaces (paved drive, driveway, paved).
Where is this property located?
115 Lynn St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.
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