Well-maintained and income-producing three-family home with excellent rental history. The property features two spacious three-bedroom units and a third unit offering two bedrooms plus additional flexible space. All three apartments have been well cared for, and the property has been well managed with long-term tenants who have expressed interest in remaining. All tenants are TAW. A number of major systems have been updated, including a roof approximately 10 years old, hot water heaters that are approximately 2-3 years old, and heating systems ranging from approximately 3-10 years old. Lead paint certificates in hand for all 3 units. Dedicated off-street parking for at least six vehicles. Current rents are under market and provide an opportunity for a new owner to increase income creating improved cash flow. A strong investment opportunity for an owner-occupant or investor seeking a well-maintained multifamily property with established tenancy, substantial parking, and excellent income potential.

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Basic Information

Gross Income $70,800
Mls StatusNew
Parcel Number 2106578

Tax Information

Tax Assessed Value $784,100
Tax Year 2025
Taxes$7,261

Parking

Open Parking YN Yes
Parking Features Paved Drive, Off Street
Parking Spaces9

Rooms

Bathroom3
Bathrooms Total Decimal 3
Bedrooms8
Full Bath3

Basic Information

List Price$980,000
MLS Number73562856
Modification Date08/13/2026
Property SubType3 Family - 3 Units Up/Down

Location

Address258 Washington Street
Building Number258
CountyEssex
StateMA
StreetWashington Street
TownPeabody
Zip01960

Building

BasementFull
Building Area Units Square Feet
Construction Materials Frame
FoundationStone, Brick/Mortar
Levels 3
Patio And Porch Features Porch
Rooms15
Stories3
Units3
Utilities For Gas Range, For Electric Range, For Electric Dryer
Year Built1880
Year Built Details Actual
Year Built Source Public Records

Property

Acreage0.17

Interior

Interior Features Living Room, Kitchen, Office/Den

Exterior

RoofShingle

Utilities

Electric 200+ Amp Service
Electric Expense 300
Sewer Public Sewer
Water Source Public

Property Information

Building Area Source Public Records
Living Area 3,000
Lot Size Square Feet 7,449
Lot Size Units Acres
Square Feet3,000

Amenities

AmenitiesPublic Transportation, Shopping, Medical Facility, Laundromat, Highway Access
Other AmenitiesBasement

Legal

ZoningR2

Other

Date Listed08/12/2026
Farm Land Area Units Square Feet

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Newton, MA

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More Info

Basic Information

Tax Information

Parking

Rooms

Basic Information

Location

Building

Property

Interior

Exterior

Utilities

Property Information

Amenities

Legal

Other

Map Location

Driving Directions

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Newton, MA