258 Washington Street Peabody, MA $ 980,000
258 Washington Street
$ 980,000
Recently Listed
Open House 8/16 12pm - 3pm
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258 Washington Street

Peabody, MA, 01960
$ 980,000
Bedrooms8 Baths3.0 Sq 3,000

Monthly Estimate*

$ 6,188

258 Washington Street, Peabody, MA 01960 - Image 1
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Multi-Family Home for sale in Peabody, MA

for $980,000 with 8 bedrooms and 3 full baths. This 3,000 square foot home was built in 1880 on a lot size of 0.17.

Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2–3 years old, and heating systems ranging from approximately 3–10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.

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Open House

8/16/2026 12:00 PM - 3:00 PM
258 Washington Street 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

$ 980,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,261

Style

3 Family - 3 Units Up/Down

Lot Size

0.17

Year Built

1880

Town/City

Peabody

County/Region

Essex

MLS | Web ID

73562856

List By
Michael Rauseo

Listing Agent

Better Homes And Gardens Real Estate - The Shanahan Group

Broker

Affordability Calculator

$6,793
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,188
Monthly Property Taxes
$605
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
8/12/2026$980,000 Listed Price

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258 Washington Street, Peabody, MA, 01960 is a Multi-Family Home for sale at $980,000 with 3,000 sqft and a lot size of 0.17. 258 Washington Street has 8 bedrooms, 3.0 baths, and was built in 1880. The property's zip code is 01960 which is in Peabody, MA