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ATTENTION CONTRACTORS, DEVELOPERS, AND INVESTORS. Located in desirable Peabody, just off Washington Street on a quiet road near Welch Elementary School, this two-family duplex presents a rare value-add opportunity. The detached garage offers potential for conversion to an ADU, subject to buyer verification and approvals. The property requires extensive rehabilitation and is being sold AS IS. It will be delivered vacant and free of debris at closing. Due to its condition, the home will not qualify for conventional financing; cash, rehab loan, or other non-conventional financing only. Accompanied showings only, NO EXCEPTIONS. The home is not structurally sound and extreme caution should be used when entering. The third floor/attic is not accessible and is not included in the reported living area but offers approx 500 addt'l sqft. Buyer and buyer's agent to perform all due diligence regarding condition, square footage, zoning, and potential uses. All offers due Monday 6/22 @ 5pm

More Info

Basic Information

  • Listing Terms Seller W/Participate
  • Mls StatusNew
  • Parcel Number 2106442

Tax Information

  • Tax Assessed Value $331,700
  • Tax Year 2025
  • Taxes$3,072

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces2

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms6
  • Full Bath2

Basic Information

  • List Price$399,900
  • MLS Number73536005
  • Modification Date06/16/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address19 Swampscott Avenue
  • Building Number19
  • CountyEssex
  • StateMA
  • StreetSwampscott Avenue
  • TownPeabody
  • Zip01961

Building

  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 2
  • Patio And Porch Features Covered
  • Rooms10
  • Stories2
  • Units2
  • Year Built1920
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.09

Interior

  • Flooring Wood, Carpet, Laminate

Exterior

  • RoofShingle

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 1,485
  • Lot Size Square Feet 3,999
  • Lot Size Units Acres
  • Square Feet1,485

Legal

  • ZoningR2

Other

  • Date Listed06/15/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Alissa Phelan of Engel & Volkers By the Sea

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