1. Massachusetts
  2. Peabody
  3. 62-R Wallis Street
$1,120,000

62-R Wallis Street, Peabody, MA 01960

  • 9 beds |
  • 5 baths |
  • 4,276 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1985
  • Property Lot Size Icon0.53acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $262/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level features a finished in-law suite. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are submetered and the responsibility of the tenants. First day of tours, Saturday, July 5th.

Listing Status:
Pending
Date Added:
July 1, 2025 at 05:00AM
Listing Office:
RE/MAX Partners : 978-475-2100
Listing Agent:
James Pham : 617-991-4607
MLS ID:
73398645

This listing courtesy of James Pham, RE/MAX Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Thomas Carroll Elementary School

60 Northend St, Peabody, MA, 01960

Grades KG-5

0.41 miles away

J

J. Henry Higgins Middle School

85 Perkins St, Peabody, MA, 01960

Grades 6-8

0.88 miles away

P

Peabody Veterans Memorial High School

485 Lowell St, Peabody, MA, 01960

Grades 9-12

2.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.