Welcome To 44 Paleologos Street! This Move-In Ready, Maintenance-Free Two-Family Home In Peabody Features 8 Rooms, 4 Bedrooms, And 2 Full Bathrooms, Offering A Great Opportunity For Both Owner-Occupants And Investors.The First-Floor Unit Features 3 Rooms, 1 Bedroom, 1 Full Bathroom, And An Eat-In Kitchen. Completely Move-In Ready, This Unit Is Perfect For Comfortable Single-Level Living Or Rental Income. The Second-Floor Unit Offers An Open-Concept Oversized Eat-In Kitchen W Brand New DW & Living Room, Along With A Full Bathroom. The Upper Level Includes 3 Bedrooms With Hardwood Floors Throughout.The Basement Features Coin-Op Laundry And Separate Utilities For Each Unit, Including Gas Heat, Separate Electric, And Separate Water Tanks. Water Tanks Were Updated In 2023 And 2024. Additional Highlights Include Tandem Off-Street Driveway Parking.Conveniently Located Close To Restaurants, Shopping, Schools, Public Transportation, And More, This Property Offers Both Comfort And Convenience!
Well-Maintained 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. The First-Floor Unit Is Currently Vacant And Features A Living Room, Eat-In Kitchen, Office, And Two Bedrooms. The Second-Floor Unit Includes An Eat-In Kitchen, Living Room, Entry Hall/Office, And Two Bedrooms, And Is Occupied By A Tenant-At-Will. The Exterior Has Been Well-Maintained, With Off-Street Parking And A Vegetable Garden. Offers An Opportunity For Updates And Personalization. Conveniently Located Near Shopping, Major Routes, Salem Commuter Rail, And Downtown Peabody, With Easy Access To Boston And Surrounding North Shore Communities.
Well-maintained and fully occupied 2-family investment opportunity in a convenient Peabody location. This spacious property offers over 3,300 sq. ft. of living space with two generously sized 5-room units, 6 total bedrooms, and rental income from day one. An attached garage, 5+ off-street parking spaces, and a fenced side yard with a garden area add to the property's appeal. The walk-up third floor features two additional rooms with potential for future expansion, storage, home office, or other possibilities (buyer to conduct due diligence). Enjoy the charm of a welcoming farmer's porch and the character of this classic multi-family home. Ideal for investors seeking a stabilized asset or owner-occupants planning for future occupancy. Conveniently located near downtown Peabody, shopping, restaurants, parks, and major commuter routes. A rare opportunity offering current income, ample parking, and long-term upside.
Located just south of Peabody town center- 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. Rents are below market value.
RARE OPPORTUNITY to own this de-leaded three-family property in Peabody! Ideally located close to everything, this is a great option for both owner-occupants and investors.Featuring 3 units, all with 2 bedrooms and 1 bath. Units 2 & 3 offer townhouse-style layouts across two levels. Current rents are below market with long-term tenants, providing strong upside potential.Situated on a one-way street with a spacious basement. Roof is approx. 12 years old. Owner has made several improvements, including renovated Units 1 & 2, new windows (2025), updated bath in Unit 2 (2025), and new front steps (2025).Don’t miss this opportunity to add a solid asset to your investment portfolio!
Exceptional mixed-use opportunity in Peabody's downtown district! 46–48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer’s request, the seller may be able to terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes.
Fully occupied 3- family multi-unit. property. 6 total bedrooms, 2-bedroom, 1 bathroom, per floor. All separated utilities Off street parking available, with nice outdoor patio and grass area in back yard. Each unit has separated. gas heat and electric and hot water. (3 separated systems in total) Perfect for owner occupied or as an investment property. Walking distance to elementary school and close to all area amenities. Just in time for the spring market to take advantage of falling interest rates. Current rental income is $5700 per month
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.
