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Randal Engelmann

Focus Real Estate

[email protected] +1(617) 676-4082

$ 1,120,000

Est. payment -/mo

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Open Sat 1:15PM-3PM

62-R Wallis Street Peabody, MA 01960

9 Beds

5 Baths

4,276 SqFt

OPEN HOUSE

Sat Jul 05, 1:15pm - 3:00pm

Sat Jul 05, 1:30pm - 3:00pm

Sun Jul 06, 12:00pm - 1:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,276 sqft

Price per Sqft $261

MLS Listing ID 73398645

Bedrooms 9

Full Baths 5

Year Built 1985

Annual Tax Amount $9,677

Tax Year 2025

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type 3 Family

Property Description

A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level features an in-law suite. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are submetered and the responsibility of the tenants. First day of tours, Saturday, July 5th. Don't miss out on this ready-to-go inv

Location

State MA

County Essex

Zoning R2

Direction Wallis St to McIntire Ct at the end of the street

Rooms

Basement Full

Interior

Interior Features Stone/Granite/Solid Counters, Upgraded Countertops, Remodeled, Living Room, Kitchen, Family Room

Heating Natural Gas

Cooling Ductless

Flooring Carpet, Laminate, Hardwood

Appliance Range, Microwave, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters, Garden, Other

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School

Utilities Available for Electric Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 8

Garage Yes

Building

Story 4

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by RE/MAX Partners

FOCUS Real Estate

Broker | License ID: 422219

+1(617) 676-4082

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