Fantastic opportunity to own a spacious two-family home in Peabody - perfect for owner-occupants or investors! Unit 1 offers two levels of living, featuring a welcoming foyer, a bright living room, a spacious dining room, an eat-in kitchen, two bedrooms, & a full bath on the first floor. The finished lower level provides even more space with a cozy family room, a kitchenette, and a half bath. Unit 2, located on the second floor, boasts a similar layout with a living room, dining room, and eat-in kitchen, along with three bedrooms, an office space, and a full bath. Outside, enjoy a fenced yard with a patio area and garden space, plus a driveway with plenty of off-street parking. Nestled in the heart of Peabody, this home is conveniently located near shopping, dining, and major highways, making commuting a breeze. Known for its vibrant community and abundant parks, Peabody is a sought-after North Shore destination! Don't miss this chance to own a versatile and income-producing property!
This home has been viewed 13 times
Last Updated: March 31st, 2025 at 6:18am
Gross Income: $0
Gross Expenses: $6,063
Net Income Calc: $-6,063
CAP Rate: -0.71%
Annual Expenses for 16 Mount Vernon Street, Peabody MA 01960
Total Gross Expenses (Calculated)$6,063/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$6,063
Annual Income & Unit Breakdown for 16 Mount Vernon Street, Peabody MA 01960
Total Gross Income (Calculated)$0
Unit 1
Rental Income0
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 16 Mount Vernon Street, Peabody MA 01960
Listing ID73351701
Property TypeMulti Family / 2 Family
Price$849,900 ($366.49/SqFt)
Style
CityPeabody
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total2,319 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking8
Garage Parking2 / Detached
Year Built1920
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsConventional (2x4-2x6)
Lot Features
Foundation Area0
Foundation DescriptionStone
Accessible Features
Outdoor SpacePatio
ZoningR2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesStorm Window(s)
Terms
Interior Features for 16 Mount Vernon Street, Peabody MA 01960
Disclosures for 16 Mount Vernon Street, Peabody MA 01960
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area DisclosureMeasurements are approx
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 16 Mount Vernon Street, Peabody MA 01960
Elementary School
Middle School
High School
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, Public School, Park, Public Transportation
Contact Information for 16 Mount Vernon Street, Peabody MA 01960