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Located just south of Peabody town center- a rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Sq.This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic, street parking and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1. Rents are below market value.

More Info

Basic Information

  • Gross Income $97,980
  • Listing Terms Contract
  • Mls StatusActive
  • Parcel Number 2106753
  • Rent Includes Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water), Unit 4(Heat, Hot Water)

Tax Information

  • Tax Assessed Value $768,100
  • Tax Year 2025
  • Taxes$10,451

Parking

  • Open Parking YN Yes
  • Parking Features On Street
  • Parking Spaces

Rooms

  • Bathroom6
  • Bathrooms Total Decimal 5
  • Bedrooms8
  • Full Bath4
  • Half Baths2

Basic Information

  • List Price$1,285,000
  • MLS Number73511500
  • Modification Date05/29/2026
  • Property SubType5-9 Family

Location

  • Address149 Washington Street
  • Building Number149
  • CountyEssex
  • NeighborhoodSouth Peabody
  • StateMA
  • StreetWashington Street
  • SubdivisionSouth Peabody
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationSlab
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms18
  • Stories5
  • Units6
  • Year Built1890
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.07

Exterior

  • Fencing Fenced/Enclosed, Fenced
  • RoofRubber

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 4,617
  • Lot Size Square Feet 3,223
  • Lot Size Units Acres
  • Square Feet4,617

Amenities

  • AmenitiesPublic Transportation, Shopping, Park, Highway Access

Legal

  • ZoningBN2

Other

  • Date Listed05/02/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Lisa Leonard of Century 21 Mario Real Estate

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