Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
3 Baths
3,000 sqft

$965,000

258 Washington Street, Peabody MA, 01960

Price per sqft$321.67
Built in1880
Property size3,000 sqft
Property typeMulti-family

Overview

Active

Price Changed

Listed Aug 12, 2026

Updated 38h ago

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 strong 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.

$6,420/mo

Est. mortgage payment based on a $965,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73562856

Interior Features

Bedrooms
8
Bathrooms
3
Basement
Yes

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Taxes
$7,261
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Michael Rauseo with Better Homes and Gardens Real Estate - The Shanahan Group

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 3:45 AM UTC, 10/7/2026

Powered by Luxury Presence