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INVESTMENT SNAPSHOT
About this property
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!
Property details
| Units | 3 |
| Living area | 2,544 sqft |
| Lot size | 3,624 sqft |
| Year built | 1910 |
| Price / sqft | $314 |
| County | Essex |
| MLS # | 73501174 |
Listing status
| Days on market | 38 days |
| Listed on | April 14, 2026 |
Taxes & financials
| Annual property tax | $6,362 |
| Tax year | 2025 |
| Assessed value | $687,000 |
| Zoning | R2 |
| Gross income (actual) | $58,200/yr |
| Net operating income (actual) | $45,000/yr |
| Total actual rent | $4,850/mo |
| Electric expense | $400/yr |
| Insurance expense | $2,900/yr |
Building & lot
| Stories | 5 |
| Total rooms | 13 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Off Street |
| Basement | Full, Dirt Floor, Unfinished |
| Foundation | Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Vinyl, Hardwood |
Utilities & systems
| Heating | Electric, Natural Gas, Baseboard |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Range, for Gas Oven, for Electric Oven |
| Appliances | Range, Microwave, Refrigerator, Freezer |
Location
More about investing in Peabody →
Listing courtesy of Access — Dot Collection. 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 6 Munroe St, Peabody MA 01960 have?
It is a 3-unit multi-family property with 2,544 sqft of living area, built in 1910.
How long has 6 Munroe St, Peabody MA 01960 been on the market?
6 Munroe St, Peabody MA 01960 has been listed for 38 days (since April 14, 2026).
What is the estimated cap rate on this 3-family in Peabody?
Based on area median rents, the estimated cap rate is about 6.4%, with a Signal Score of 96/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $799,000 across 3 units, that works out to roughly $266,333 per unit.
What are the property taxes on 6 Munroe St, Peabody MA 01960?
Annual property taxes are $6,362 (2025), on an assessed value of $687,000.
What is the price per square foot?
At $799,000 for 2,544 sqft, that's about $314 per square foot.
Is there parking?
4 total parking spaces (off street).
Where is this property located?
6 Munroe St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.
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