Property Photo: 16 Sewall Street MA 01960

Listing Courtesy of: MLS PIN / J. Barrett & Company / Maria Salzillo

16 Sewall Street Peabody, MA 01960

Sold (57 Days)

$850,000

BED

2.2

BATH

2,860

SQFT

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Description

GREAT INVESTMENT OPPORTUNITY/OWNER OCCUPANT-This young duplex consisting of 6 bedrooms 2 full as built in 2011. Each & 2 half baths. Each unit hosts a large living room, a generous size ceramic tiled eat in kitchen w/a side entry to the driveway, a half bath off the kitchen w/laundry hook up, 3 spacious bedrooms & a full bath w/ceramic tile flooring. Each unit has a driveway which could fit up to 4 vehicles, a rear & a side yard area. Cost effective electric baseboard heating (no heating system to maintain/replace). Peabody Electric offers the lowest electrical costs available & offers additional cost savings via 20% discount if paid within 10 days of the bill date. 200 AMP service each unit. Property to be delivered vacant. Potential rents range between $3,000-$3,500 per unit=income potential of $72k -$84k w/an attractive CAP RATE! Great location close to downtown, shopping, restaurants, public transportation, major routes & historic Salem. Freshly painted & new carpeting for buyer.

MLS #:
73102216

Taxes
$6,922(2023)

Lot Size
5,798 SQFT

Type
Multifamily

Year Built
2011

County
Essex County

Listed By

Maria Salzillo, J. Barrett & Company

Bought with
Valbona Lavdari

Source
MLS PIN
Last checked Dec 23 2024 at 2:46 PM GMT+0000

Bathroom Details

Interior Features

Laundry: Washer Hookup
Electric Water Heater
Utility Connections for Electric Dryer
Windows: Insulated Windows
Utility Connections for Electric Range
Unit 1 Rooms(Living Room
Kitchen)
Unit 2 Rooms(Living Room
Unit 2(Bathroom With Tub & Shower
Unit 2(Range
Refrigerator)
Unit 1(Bathroom With Tub & Shower)
Unit 1(Range
Open Floor Plan)

Lot Information

Level
Corner Lot

Property Features

Fireplace: 0
Foundation: Concrete Perimeter

Heating and Cooling

Unit 2(Electric)
Unit 1(Electric)
Unit 1(None)
Unit 2(None)

Flooring

Carpet
Unit 1(Undefined)
Wall to Wall Carpet)
Unit 2(Tile Floor

Exterior Features

Roof: Shingle

Utility Information

Utilities: For Electric Dryer, Washer Hookup, For Electric Range
Sewer: Public Sewer

School Information

Elementary School: Welch
Middle School: Higgins
High School: Pvmh

Parking

Off Street
Paved Drive
Paved
Total: 8

Stories

Living Area

2,860 sqft

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