$1,425,000
$1,500,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
556 Lowell Street Peabody, MA 01960
6 Beds
6.5 Baths
7,360 SqFt
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 7,360 sqft
Price per Sqft $193
MLS Listing ID 72924941
Sold Date 03/30/22
Bedrooms 6
Full Baths 5
Half Baths 3
Year Built 1900
Annual Tax Amount $6,491
Tax Year 2021
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type 4 Family - 4 Units Side by Side
Property Description
UNIQUE Opportunity -Business Residential use parcel COMPOUND that includes: SINGLE FAMILY HOME, 3 FAMILY HOME, & COMMERCIAL BUILDING. The SINGLE FAMILY/owner's home has 3 Bedrooms, 1.5 baths, updated kitchen ,separate living and dinning room, a great room with sliders to a private deck in rear, in- unit washer/dryer, & finished basement, and 1 garage space, & 2 guest parking spaces. 3 FAMILY HOME has 3- 1 bedroom rental units that include heat, hot water , & electric, & each has 1 parking space. COMMERCIAL BUILDING- Unit #1, fitness center in approx. 1,100 sq.ft. w/ a full bath & parking for 5 cars, Unit #2 is Storage/Office w/ a 1/2 bath in approx. 600 sq.ft. with 1 Pkg. space, and a 1 car garage used by the single family. Tenants in commercial space are responsible for their utilities. SEE ATTACHED property fact sheet for details of each property & units. Offers reviewed as they are received. OPEN HOUSE is Sunday, December 5th from 12:00pm-2:00pm. Seller to find suitable housing.
Location
State MA
County Essex
Area West Peabody
Zoning BR1
Direction Rt. 1 to Lowell Street- entrance to property is on the on ramp to Rt 1 South
Rooms
Basement Partial, Partially Finished
Interior
Flooring Tile, Vinyl, Carpet, Concrete, Varies Per Unit, Laminate
Appliance Oil Water Heater, Propane Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Gas Oven, Utility Connections for Electric Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
Laundry Washer Hookup
Exterior
Exterior Feature Rain Gutters, Professional Landscaping, Sprinkler System
Garage Spaces 1.0
Community Features Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Highway Access, Public School
Utilities Available for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Roof Type Shingle
Total Parking Spaces 12
Garage Yes
Building
Lot Description Level
Story 4
Foundation Block, Stone, Slab
Sewer Public Sewer
Water Public
Schools
Elementary Schools Mccarthy
Middle Schools Higgins Middle
High Schools Veterans Hs
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Mitchell Rosenwald • RE/MAX 360