Invest Realty Group
Invest Realty Group
Invest Realty Group
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listing
1 of 37
MultifamilySold
List Price $899,900
Sold Price $850,000
16 Sewall Street
Peabody, MA 01960
Courtesy of J. Barrett & Company - Maria Salzillo
MLS Property Information Network
6Beds
2Full2Half Baths
2,860Sq Ft
Est. Mortgage
$4,745/mo

GREAT INVESTMENT OPPORTUNITY/OWNER OCCUPANT-This young duplex consisting of 6 bedrooms 2 full as built in 2011. Each & 2 half baths. Each unit hosts a large living room, a generous size ceramic tiled eat in kitchen w/a side entry to the driveway, a half bath off the kitchen w/laundry hook up, 3 spacious bedrooms & a full bath w/ceramic tile flooring. Each unit has a driveway which could fit up to 4 vehicles, a rear & a side yard area. Cost effective electric baseboard heating (no heating system to maintain/replace). Peabody Electric offers the lowest electrical costs available & offers additional cost savings via 20% discount if paid within 10 days of the bill date. 200 AMP service each unit. Property to be delivered vacant. Potential rents range between $3,000-$3,500 per unit=income potential of $72k -$84k w/an attractive CAP RATE! Great location close to downtown, shopping, restaurants, public transportation, major routes & historic Salem. Freshly painted & new carpeting for buyer.

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Information courtesy of J. Barrett & Company is subject to verification and is not guaranteed.
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