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You are here:
Home Massachusetts Peabody Multi-Family Homes for Sale

61 Tracey St Peabody, MA 01960

$825,000
2 Unit
4 Beds
3 Baths
2184 SQFT
0.10 Acre
61 Tracey St
Peabody, MA 01960

Property Description

Tremendous Opportunity for Investors or Owner Occupants! This 2-family property offers incredible potential for cash flow with its modern updates that make it an irresistible value. The 1st floor unit features 2 bedrooms and 2 full bathrooms, boasting a spacious living area with ample natural light and an updated kitchen with newer appliances. Additionally, there is a large family room and an office located on the lower level . The 2nd floor unit comprises of 2 bedrooms and 1 bathroom, with a kitchen that also has newer appliances and a walk-up attic for extra storage. Both units have numerous updated features, including new bathroom vanities, light fixtures, windows, and newer hot water tanks to name a few.. The property also includes added storage in the basement, a shared washer/dryer, and an outdoor shed. Close to shopping and major highways. This is a must-see property that won't last long!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Shopping, Walk/Jog Trails
  • Basement Features: Full, Walk Out
  • Common Rooms: Family Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Floored Attic, Tile Floor, Walk-Up Attic
  • Common Appliances: Dishwasher, Range, Refrigerator, Vent Hood, Washer & Dryer Hookup
  • Common Heating: Electric, Extra Flue, Forced Air, Forced Air, Gas, Heat Pump, Oil, Space Heater
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 69744
  • Net Operating Income: 69744

Utilities

  • Heat Zones: 3
  • Cooling Zones: 1
  • Electric Info: Individually Metered
  • Energy Features: Insulated Windows
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1991
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73266573
  • Last Updated: 07/22/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
07/22/2024Contingent$825,000$378MLSPIN
07/22/2024Active$825,000$378MLSPIN
07/18/2024New$825,000$378MLSPIN
12/13/2022Sold$700,000$321MLSPIN
11/07/2022Under Agreement$725,000$332MLSPIN
10/24/2022Contingent$725,000$332MLSPIN
10/24/2022Active$725,000$332MLSPIN
10/20/2022Back on Market$725,000$332MLSPIN
08/04/2022Under Agreement$725,000$332MLSPIN
07/30/2022Active$725,000$332MLSPIN
07/26/2022New$725,000$332MLSPIN
04/21/2022Canceled$1,200,000$404MLSPIN
04/16/2022Active$1,200,000$404MLSPIN
04/12/2022New$1,200,000$404MLSPIN

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Seller's Representative: Luciano Leone Team, RE/MAX 360
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-07-22 15:50:00

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