131 Lynnfield St Peabody, MA $ 875,000
131 Lynnfield St
$ 875,000
Recently Listed
Open House 11/7 11am - 12:30pm
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131 Lynnfield St

Peabody, MA, 01960
$ 875,000
Bedrooms7 Baths4.0 Sq 4,448

Monthly Estimate*

$ 6,043

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Multi-Family Home for sale in Peabody, MA

for $875,000 with 7 bedrooms and 4 full baths. This 4,448 square foot home was built in 1925 on a lot size of 0.12.

A kitchen you’ll want to cook in, a primary suite with its own bath and walk-in closet, and rental income to help with the mortgage. This Peabody two-family gives you compelling reasons to think beyond a single-family home. The second floor brings together the features that make everyday living more comfortable. The updated kitchen has white cabinetry, stainless steel appliances, a subway tile backsplash, and an island with seating, so whoever’s cooking doesn’t have to miss the conversation. Hardwood floors, wide hallways, and a bay-window living room give the home a spacious, welcoming feel. Two bedrooms and two full bathrooms include a primary suite with a double vanity and walk-in closet. There’s room to gather, room to retreat, and a covered front porch when you want to take your coffee outside. Finished third-floor rooms add another level of space to explore, giving this home a footprint that’s hard to appreciate from the street alone. The first-floor apartment offers two bedrooms, a generous living room with bay windows, and an eat-in kitchen. Keep it as an income-producing rental while planning your own move upstairs, or consider the entire property as an addition to your investment portfolio. Renovations completed in 2017–2018, central air, in-unit laundry, and off-street parking for approximately six vehicles add everyday convenience. If you’ve been searching for a multifamily where the space you call home feels just as important as the income it can generate, put 131 Lynnfield Street on your list.

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Open House

11/7/2026 11:00 AM - 12:30 PM
11/8/2026 12:30 PM - 2:00 PM
131 Lynnfield St Peabody, MA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 875,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,516

Style

Multi Family

Lot Size

0.12

Year Built

1925

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73599177

List By
The Alianza Group

Listing Agent

Nina-Soto Realty, Llc

Broker

Affordability Calculator

$6,836
Per Month
88%
12%
0%
Monthly Principal & Interest
$6,043
Monthly Property Taxes
$793
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
11/5/2026$875,000 Listed Price

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131 Lynnfield St, Peabody, MA, 01960 is a Multi-Family Home for sale at $875,000 with 4,448 sqft and a lot size of 0.12. 131 Lynnfield St has 7 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 01960 which is in Peabody, MA