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$399,900
Est. payment /mo
6 Beds
2 Baths
1,485 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 1,485 sqft
Price per Sqft $269
MLS Listing ID 73536005
Bedrooms 6
Full Baths 2
Year Built 1920
Annual Tax Amount $3,072
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type 2 Family - 2 Units Up/Down
Property Description
ATTENTION CONTRACTORS, DEVELOPERS, AND INVESTORS. Located in desirable Peabody, just off Washington Street on a quiet road near Welch Elementary School, this two-family duplex presents a rare value-add opportunity. The detached garage offers potential for conversion to an ADU, subject to buyer verification and approvals. The property requires extensive rehabilitation and is being sold AS IS. It will be delivered vacant and free of debris at closing. Due to its condition, the home will not qualify for conventional financing; cash, rehab loan, or other non-conventional financing only. Accompanied showings only, NO EXCEPTIONS. The home is not structurally sound and extreme caution should be used when entering. The third floor/attic is not accessible and is not included in the reported living area but offers approx 500 addt'l sqft. Buyer and buyer's agent to perform all due diligence regarding condition, square footage, zoning, and potential uses. All offers due Monday 6/22 @ 5pm
Location
State MA
County Essex
Zoning R2
Direction Off of Washington St. GPS 19 Swampscott Ave
Interior
Flooring Wood, Carpet, Laminate
Exterior
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Seller W/Participate
Listing Terms Seller W/Participate
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Listed by Engel & Volkers By the Sea
NEARBY SCHOOL & BUSINESS
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