REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 599,000
Est. payment /mo
Open Fri 10AM-12PM
71 Tremont Street Peabody, MA 01960
5 Beds
3 Baths
1,722 SqFt
Open House
Fri Aug 21, 10:00am - 12:00pm
Sat Aug 22, 11:30am - 1:00pm
Sun Aug 23, 1:00pm - 2:30pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,722 sqft
Price per Sqft $347
MLS Listing ID 73566254
Bedrooms 5
Full Baths 3
Year Built 1900
Annual Tax Amount $5,582
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Multi Family
Property Description
**Loads of potential in this well-located two-family property near Peabody Square!** Whether you're looking for an investment opportunity or a property you can make your own, this home offers plenty of possibilities. One apartment is currently rented, providing immediate rental income, while the second and third floors offer an excellent opportunity for an owner-user to completely renovate and create one spacious, beautiful apartment. Imagine designing the upper levels to your own specifications with an open layout, modern finishes, and all the amenities you've been looking for. The property also features a large backyard area currently utilized as a driveway, providing ample off-street parking—a valuable feature in this convenient location. Situated close to Peabody Square, with easy access to local shops, restaurants, services, and transportation. A great opportunity for an investor, owner-occupant, or buyer looking to build equity through renovation. Bring your vision and unlock the potential of this versatile two-family property! First floor apartment can only be seen during open houses Friday 8/21 10am to Noon, Saturday 8/22 11:30am to 1pm and Sunday 8/23 1 to 2:30pm.
Location
State MA
County Essex
Zoning R2
Direction Central Street to Tremont
Rooms
Basement Full, Walk-Out Access
Exterior
Total Parking Spaces 5
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Gibson Sotheby's International Realty
NEARBY SCHOOLS & PROPERTIES






