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Exceptional opportunity to own a cash-flow positive oversized three-family home in a convenient Peabody location. Ideal for owner-occupants or investors, this property can be delivered vacant, or not, and therefore offers immediate occupancy or rental flexibility with existing tenants. Features include 3 spacious units, 2 bedrooms each, 4 off-street parking spaces, and strong income potential. Conveniently located near shopping, dining, schools, and major routes. Whether you are looking to invest or occupy, this is a rare opportunity to own a versatile multi-family home in a desirable North Shore location.

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $102,000
  • Mls StatusUnder Agreement
  • Parcel Number M:0086 B:0052,2106136
  • Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(None)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $721,200
  • Tax Year 2025
  • Taxes$6,678

School Information

  • Elementary SchoolThomas Carroll
  • High School Peabody Veterans Memorial
  • Junior HighJ. Henry Higgins

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces4

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms7
  • Full Bath3

Basic Information

  • List Price$945,000
  • MLS Number73516096
  • Modification Date06/03/2026
  • Property SubType3 Family - 3 Units Up/Down
  • Purchase Contract Date05/19/2026

Location

  • Address24 Tracey Street
  • Building Number24
  • CountyEssex
  • StateMA
  • StreetTracey Street
  • TownPeabody
  • Zip01960

Building

  • BasementFull, Finished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 3
  • Rooms15
  • Stories3
  • Units3
  • Year Built1870
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.06

Interior

  • Flooring Varies
  • Interior Features Living Room, Kitchen, Dining Room

Exterior

  • RoofShingle

Utilities

  • Electric 110 Volts
  • Heat SystemYes
  • Heating Forced Air
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,502
  • Lot Size Square Feet 2,762
  • Lot Size Units Acres
  • Square Feet2,502

Amenities

  • AmenitiesPublic Transportation, Shopping, Highway Access, House of Worship, Public School
  • Appliances IncludedRange, Refrigerator
  • Other AmenitiesBasement

Legal

  • ZoningR2

Other

  • Date Listed05/11/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Maria Paim of ERA Metropolitan Homes

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