122 Foster St contains one (1) Commercial unit and three (3) 2-Bedroom/1-Bathroom units with 3,591 square feet of gross living area. The Property is situated upon a 0.14-acre parcel and features three (3) tandem parking spaces, capable of fitting six (6) cars. 122 Foster Street is well-positioned in Peabody, offering strong access to the city’s commercial corridors, nearby retail amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Route 114 and Route 1, as well as immediate access to Interstate 95/Route 128, providing efficient regional connectivity throughout the North Shore and into the greater Boston metropolitan area. Tenants are responsible for gas-powered heating & hot water, as well as separately metered electricity, which they pay directly. The Landlord is responsible for providing city water & sewer, which they pay directly.
**Presenting this grand and beautifully maintained 3,884 sq. ft. two-family home offering spacious and versatile living throughout.** Each unit features 3 bedrooms and 1 bath, with additional finished living space in the basement featuring 5 rooms, including 2 bedrooms and 1 bath.The property offers flexible living arrangements ideal for owner occupancy, investment, or multigenerational living. A new roof was installed in 2021, and all major appliances are included. Conveniently located with excellent access to regional highways, shopping, restaurants, the mall, and more. This home offers generous space and versatility throughout, while the unfinished attic provides additional storage and future potential, subject to applicable approvals.A wonderful opportunity to own a substantial and flexible two-family property with room to accommodate a variety of living needs and investment goals.
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.
Don't miss this exceptional opportunity to own a beautifully remodeled two-family home in a quiet safe neighborhood. Whether your looking for a strong investment property or an owner-occupied home with rental income, this property is move-in ready with many valuable upgrades. Unit 1 has two large bedrooms and a full bath that was fully remodeled(2024). It offers a spacious living area that opens onto a private deck. Unit 2 is a two story townhouse style that has 3 bedrooms and 2 full baths. First floor offers open concept kitchen/living/dining room that also opens up to a large private deck overlooking a flat fenced in backyard. Master bedroom has cathedral ceilings with a fully tiled bath and a walk-in closet. Upgrades include new gas fed forced hot air heating units (2021), 2 new hot water heaters (2022), 2 new driveways (2023), new commercial grade gutters (2023) Located close to parks, schools. downtown, and all major highways.
BOM ~ Well-Maintained, With Many Updates, Two-Family Home Located In A Pleasant Peabody Town Center Neighborhood. Previously Owner-Occupied For Many Years, This Property Presents An Excellent Opportunity For A Buyer Seeking To Live In One Unit While Generating Rental Income From The Other. Both Units Offer Single-Level Living With Separate Heat, Hot Water, And 100-Amp Circuit Breaker Panels. Both Units Are Currently Vacant. Both Feature A Living Room, Eat-In Kitchen, Office, And Two Bedrooms. The Exterior Has Been Well-Maintained And Includes Off-Street Parking And A Vegetable Garden. The Property Also Offers An Opportunity For Updates And Personalization. Conveniently Located Near Shopping, Major Routes, The Salem Commuter Rail, And Downtown Peabody, With Easy Access To Boston And Surrounding North Shore Communities.
A rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Sq.This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic, street parking and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1.
Peabody is located in Massachusetts. Peabody, Massachusetts has a population of 54,200. Peabody is less family-centric than the surrounding county with 27.53% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Peabody, Massachusetts is $83,570. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Peabody is 46.5 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 17.8 degrees. The average rainfall is approximately 47.8 inches per year, with 41.8 inches of snow per year.
