149 Washington St Peabody — Photo 1 of 40
Recent Drop: $57,000
$1,228,000
Investment Analysis — 149 Washington St
Peabody, MA 01960 — South Peabody
Based on rent reported on the MLS listing, a 6-unit multi-family in 01960 carries $9,980/mo in gross rent — about a 6.56% cap rate and $80,567/yr in estimated NOI at the $1,228,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
5
SqFt
4,617
Style
5-9 Family
Built
1890
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Highway Access
Geography
Property History
$1,228,000
Was $1,250,000
Sep 1, 2026
MLS® 73511500
$2,050
Aug 18, 2026
MLS® 73565157
$1,250,000
Was $1,285,000
Jul 17, 2026
MLS® 73511500
$1,285,000
May 1, 2026
MLS® 73511500
$1,228,000
May 1, 2026
MLS® 73511501
Listing Agent: Lisa Leonard
Listing Office: Century 21 Mario Real Estate
MLS® Number: 73511500