For Sale
258 Washington Street
Peabody, MA
$980,000
8 bd/3 ba/3,000 sf
Courtesy of Better Homes and Gardens Real Estate - The Shanahan Group
This home is listed by another brokerage. We can arrange a viewing, and we can represent you as the buyer.
The listing brokerage last updated this record on September 28, 2026.
Photographs

13 photographs from the listing brokerage, shown as they published them.
About this home
BOM - Seller Financing fell through ***Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.
The details
- Property type
- Multi-family
- Bedrooms
- 8
- Bathrooms
- 3
- Interior
- 3,000 sq ft
- Lot
- 0.17 acres
- Year built
- 1880
- Price per sq ft
- $327
- County
- Essex
- Taxes
- $7,261 (2025)
- Basement
- Full
- Parking
- 9
- Stories
- 3
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Zoning
- R2
- Days on market
- 26
- MLS #
- 73562856
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