Property Description

Two family house with many updates located on a dead-end street near downtown Peabody. First floor is 5/2/1. Tenant pays $1850 now and will pay $1900 beginning June 1st. The lease expires 12/31/25. The second floor is a 6/2/1. It needs some cosmetic work, but overall, this home is in terrific shape. The expensive systems are done. Roof 2017, front porch rebuilt in 2019. On the 1st floor, the kitchen was renovated in 2012, new bathfitters shower 2017, windows 2021 (with transferrable warranty), gas furnace 2013, water heater 2021. On the 2nd-floor, gas furnace 2015 & gas water heater 2022. Gas & electricity are separately metered, and water/sewer/trash runs about $1200/year. A large storage shed and level backyard round out this great investment opportunity.