556 Lowell Street, Peabody, Massachusetts 01960

$1,500,000
6
BD
7
BA
7,360
SqFt
List Price
$1,500,000
MLS#
72924941
Bedrooms
6
Full Bathrooms
5
Half Bathrooms
2
Sq. Ft
7,360
Lot Size
22,220
County
Essex
Year Built
1900
Status
UNDER AGREEMENT

Property Description

UNIQUE Opportunity -Business Residential use parcel COMPOUND that includes: SINGLE FAMILY HOME, 3 FAMILY HOME, & COMMERCIAL BUILDING. The SINGLE FAMILY/owner's home has 3 Bedrooms, 1.5 baths, updated kitchen ,separate living and dinning room, a great room with sliders to a private deck in rear, in- unit washer/dryer, & finished basement, and 1 garage space, & 2 guest parking spaces. 3 FAMILY HOME has 3- 1 bedroom rental units that include heat, hot water , & electric, & each has 1 parking space. COMMERCIAL BUILDING- Unit #1, fitness center in approx. 1,100 sq.ft. w/ a full bath & parking for 5 cars, Unit #2 is Storage/Office w/ a 1/2 bath in approx. 600 sq.ft. with 1 Pkg. space, and a 1 car garage used by the single family. Tenants in commercial space are responsible for their utilities. SEE ATTACHED property fact sheet for details of each property & units. Offers reviewed as they are received. OPEN HOUSE is Sunday, December 5th from 12:00pm-2:00pm. Seller to find suitable housing.

Additional Information

Days on Market
57
Taxes
$6,491
Tax Year
2021
Assessment
618800
Amenities
Shopping, Park, Walk/Jog Trails, Golf Course, Bike Path, Highway Access, Public School
Flooring
Tile, Vinyl, Wall to Wall Carpet, Concrete, Varies Per Unit, Laminate
Basement
Yes
Basement Features
Partial, Partially Finished
Hotwater
Oil, Propane Gas
Lot Description
Paved Drive, Shared Drive, Level
Parking Spaces
12
Garage Spaces
1
Acres
0.51
Price Per Sqft
$203
Utilityconnections
for Gas Range, for Electric Range, for Gas Oven, for Electric Oven, for Gas Dryer, for Electric Dryer, Washer Hookup, Varies per Unit
Disclosures
Seller has the first right of refusal to buyout the other owner prior to accepting a bonafide offer. Located in the BR1 zone in Peabody. BUYER to do due diligence.

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Listing courtesy of Mitchell Rosenwald from RE/MAX 360

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