Multi-Family for Sale: 118 Foster St, Peabody, MA 01960 SOLD

9 beds
3 full baths
3,360 sqft
$950,000
$950,000
118 Foster St, Peabody, MA 01960 SOLD
9 beds
3 full baths
3,360 sqft
$950,000
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Selling Price: $950,000
Original List Price: $935,000
Sold at 101.6% of list price
Sold Date: 01/08/2024

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Type Multi-Family
Beds 9
Total Baths 3 full baths
Square Feet 3,360 sqft
Lot Size 0.10 acres
Year Built 1915
City Peabody
County Essex
MLS 73183630
Status Closed
DOM 40 days
Investment opportunity - Located close to downtown Peabody, this three-unit building has separate meters for gas heat, hot water, and electric, as well as a low maintenance exterior, featuring vinyl siding, and vinyl replacement windows. Each unit has 3 bedrooms, one full bath, hard wood flooring, and an updated kitchen. The third floor unit offers an open floor plan with vaulted ceilings, recessed lighting, and stainless appliances. Washer/dryer hook up in the basement, potential for separate storage. There is a "right of way" for the main driveway, at the back of the property, with 4 parking spaces. 2-3 tandem parking spaces on the right side of the building. Property will be delivered fully occupied. Interior pictures are of apartment 2 & 3, prior to tenants occupying the premises. 1st and 2nd floor units are identical floor plans. Leases expire 1& 3, 9/30/24, apt. 2, 2/29/24.

Lot & Building Features

Appliances Unit 1(Range, Dishwasher, Disposal, R, Unit 2(Range, Dishwasher, Disposal, R, Unit 3(Range, Dishwasher, Disposal, M, Utility Connections for Gas Range
Construction Frame
Cooling Unit 1(None), Unit 2(None)
Heating Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas,, Unit 3(Hot Water Baseboard, Gas,
Sewer Public Sewer
Tax Year 2023
Taxes Paid $7,399
Water Public
Foundation Block
Exterior Features Porch, Screens
Interior Features Unit 1(Pantry, Lead Certification Av, Unit 2(Pantry, Stone/Granite/Solid C, Unit 3(Ceiling Fans, Cathedral/Vault, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Roof Shingle
Full Baths 3
Parking Assigned, Paved Drive, Paved, Off Street
Total Rooms 15
Basement Feature Concrete, Walk-Out Access, Unfinished, Interior Entry, Full
Garage Spaces 0

Community and Schools

Elementary School Welsh
Junior High School Higgins
Senior High School Vet Mem Hs

Price History of 118 Foster St

Date Name Price Difference
11/29/2023 Listing Price $950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Map of 118 Foster St, Peabody, MA

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Inquire about this property

Photo of Tucker Toppan
Direct: 603-205-5701
Office
560 High Street
Hampton, NH 03842
603-929-1100
Listed by Armstrong Field Real Estate, Catherine St. Pierre
Sold by Compass, Skambas Realty Group
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1%
6.75%
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Listing information courtesy of: Armstrong Field Real Estate

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