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A kitchen youāll want to cook in, a primary suite with its own bath and walk-in closet, and rental income to help with the mortgage. This Peabody two-family gives you compelling reasons to think beyond a single-family home. The second floor brings together the features that make everyday living more comfortable. The updated kitchen has white cabinetry, stainless steel appliances, a subway tile backsplash, and an island with seating, so whoeverās cooking doesnāt have to miss the conversation. Hardwood floors, wide hallways, and a bay-window living room give the home a spacious, welcoming feel. Two bedrooms and two full bathrooms include a primary suite with a double vanity and walk-in closet. Thereās room to gather, room to retreat, and a covered front porch when you want to take your coffee outside. Finished third-floor rooms add another level of space to explore, giving this home a footprint thatās hard to appreciate from the street alone. The first-floor apartment offers two bedrooms, a generous living room with bay windows, and an eat-in kitchen. Keep it as an income-producing rental while planning your own move upstairs, or consider the entire property as an addition to your investment portfolio. Renovations completed in 2017ā2018, central air, in-unit laundry, and off-street parking for approximately six vehicles add everyday convenience. If youāve been searching for a multifamily where the space you call home feels just as important as the income it can generate, put 131 Lynnfield Street on your list.
More Info
Basic Information
- Gross Income $26,724
- Lot Features Easements, Level
- Mls StatusNew
- Parcel Number M:0101 L:013A,4177809
- Road Frontage DescriptionPaved
Tax Information
- Tax Assessed Value $1,004,900
- Tax Year 2026
- Taxes$9,516
Parking
- Open Parking YN Yes
- Parking Features Paved Drive, Off Street, Tandem, Paved
- Parking Spaces6
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms7
- Full Bath4
Basic Information
- List Price$875,000
- MLS Number73599177
- Modification Date11/05/2026
- Property SubTypeMulti Family
Location
- Address131 Lynnfield Street
- Building Number131
- CountyEssex
- StateMA
- StreetLynnfield Street
- TownPeabody
- Zip01960
Building
- BasementFull, Interior Entry
- Building Area Units Square Feet
- Door Features Insulated Doors
- FoundationOther
- Levels 3
- Patio And Porch Features Porch
- Rooms12
- Stories3
- Units2
- Window Features Insulated Windows
- Year Built1925
- Year Built Details Approximate
- Year Built Source Public Records
Property
- Acreage0.12
Interior
- Flooring Wood, Tile, Hardwood
- Interior Features Remodeled, Walk-Up Attic, Living Room, Kitchen
Exterior
- RoofShingle
Utilities
- Cooling Central Air
- Cooling YN Yes
- Heat SystemYes
- Heating Forced Air, Natural Gas, Electric
- Sewer Public Sewer
- Water Source Public
Property Information
- Building Area Source Public Records
- Living Area 4,448
- Lot Size Square Feet 5,110
- Lot Size Units Acres
- Road Responsibility Public Maintained Road
- Square Feet4,448
Amenities
- Amenities
- Highway Access
- House of Worship
- Medical Facility
- Park
- Public School
- Public Transportation
- Shopping
- Sidewalks
- Walk/Jog Trails
- Appliances IncludedRange, Dishwasher, Range Hood
- Green Energy Efficient Thermostat, Varies per Unit
- Other AmenitiesBasement
Legal
- ZoningGB
Other
- Date Listed11/05/2026
- Farm Land Area Units Square Feet
Map Location
Listed by The Alianza Group of Nina-Soto Realty,LLC
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