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INVESTMENT SNAPSHOT
About this property
Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
Property details
| Units | 3 |
| Living area | 3,000 sqft |
| Lot size | 7,449 sqft |
| Year built | 1880 |
| Price / sqft | $327 |
| County | Essex |
| MLS # | 73562856 |
Listing status
| Days on market | 0 days |
| Listed on | August 12, 2026 |
Taxes & financials
| Annual property tax | $7,261 |
| Tax year | 2025 |
| Assessed value | $784,100 |
| Zoning | R2 |
| Gross income (actual) | $70,800/yr |
| Net operating income (actual) | $58,840/yr |
| Total actual rent | $5,900/mo |
| Electric expense | $300/yr |
| Insurance expense | $4,200/yr |
Building & lot
| Stories | 3 |
| Total rooms | 15 |
| Lot size | 0.17 acres |
| Garage spaces | 0 |
| Parking spaces | 9 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone, Brick/Mortar |
| Roof | Shingle |
| Construction | Frame |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Electric Dryer |
Location
More about investing in Peabody →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 258 Washington Street, Peabody MA 01960 have?
It is a 3-unit multi-family property with 3,000 sqft of living area, built in 1880.
How long has 258 Washington Street, Peabody MA 01960 been on the market?
258 Washington Street, Peabody MA 01960 has been listed for 0 days (since August 12, 2026).
What is the price per unit?
At a list price of $980,000 across 3 units, that works out to roughly $326,667 per unit.
What are the property taxes on 258 Washington Street, Peabody MA 01960?
Annual property taxes are $7,261 (2025), on an assessed value of $784,100.
What is the price per square foot?
At $980,000 for 3,000 sqft, that's about $327 per square foot.
Is there parking?
9 total parking spaces (paved drive, off street).
Where is this property located?
258 Washington Street, Peabody MA 01960 is in Peabody, Essex County, MA 01960.
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