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$4,300,000
137 Days On Site

111 Main St
Peabody, MA 01960

For Sale|Multi Family|Pending
27
Beds
21
Full Baths
0
Partial Baths
10,152
SqFt
$424
/SqFt
2000
Built
County:
Essex

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(978) 927-1959
111 Main St111 Main St111 Main St111 Main St
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111 Main Street consists of two desirable, three-story buildings and contains a total of twenty-one residential units comprised of a three family property (front building) consisting of three 3-Bedroom/1 Bathroom units, and an 18-unit building (rear building) with eighteen Studio units. The well-maintained Property has received significant capital investment improvements since acquisition, including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment and is ideal for a potential buyer looking for income growth and strong returns

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Listing Snapshot
Price 
$4,300,000
Days On Site 
137 Days
Bedrooms 
27
Inside Area (SqFt) 
10,152 sqft
Total Baths 
21
Full Baths 
21
Partial Baths 
N/A
Lot Size 
0.3 Acres
Year Built 
2000
MLS® Number 
73316838
Status 
Pending
Property Tax 
$26,983
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
4 months agoStatus changed to Pending
5 months agoListing first seen on site
General Features
Acres 
0.3
Disclosures 
Total Monthly Rent is $33,891. The maximum total monthly rent allowed by M L S is $32,767
Foundation 
Other
Number Of Stories 
3
Parking 
PavedOff Street
Parking Spaces 
12
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
10152
SqFt Total 
10152
Water Source 
Public
Zoning 
BC
Interior Features
Appliances 
Gas Water Heater
Basement 
Unfinished
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Exterior Features
Roof 
Shingle
Community Features
Community Features 
ParkGolf
Listing courtesy of Kelleher - Pentore Team of Horvath & Tremblay



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-04-20 05:55 AM UTC

Neighborhood & Commute
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