Peabody WOW House: Multi-Family Home For Sale

PEABODY, MA – Take a look at this downtown partially occupied unit for sale in Peabody with potential for expansion. This building, built in 1900, is in a prime location in Peabody city center.

• Address: 17 Tracey St, Peabody, Massachusetts
• Price: $684,900
• Square Feet: 2,832
• Bedrooms: 8
• Bathrooms: 4 Baths
• Built: 1900

Introducing Peabody's Newest Income Producing 4 Family near Downtown with more Potential for the Bottom Line!!! This property includes four 2 Bedroom units with a potential fifth 2 bedroom or expansion to current units on the third floor! The third floor needs to be finished however new windows, electricity and plumbing have been installed to get you started.

Currently 3 units are rented as Tenants at Will's at below market rents (see Income/ Expenses); one has been left Vacant for showings and/ or owner occupied buyers. All units have hardwood flooring and replacement windows. Basement is extremely clean with more potential. Laundry hook ups are available. Heating is separately metered; 2 of the units are F/H/W and 2 are Hot Water Baseboard. Each unit has its own Hot Water Tank. Plenty of room for storage for tenants and/ or yourself. Tracey Street is a quiet street located minutes from Downtown Peabody. Tenants will enjoy the convenience to shopping, dining and public transportation.

This listing originally appeared on realtor.com. For more information and photos, click here.