153R Washington St, Peabody, MA 01960
$649,900 · For sale
- 1,536 sq ft
- Multi-Family
- Built 1940
- MLS #73596952
Rare ranch-style 3-family opportunity in Peabody! Each unit offers single-level living with 1 bedroom, 1 bath, a living room and kitchen. Tucked behind other buildings off a busy street, this property is within walking distance of downtown Peabody, local restaurants and everyday amenities. Two units are occupied by long-term, month-to-month tenants who would like to stay—an appealing opportunity to owner-occupy while collecting rent from the other two units. Updates include a new roof (2022), new hot water heater (2026), recently painted interior in Unit 3 and newly glazed tubs in Units 1 and 2. Three (3) private parking spaces, with room for a fourth using tandem parking. Each unit has dedicated storage in the large, dry basement. Current rents include heat and are below market, offering potential for increased rental income and equity through future improvements. A unique opportunity for investors and owner-occupants alike!
About this address
153R Washington St is a multi-family home for sale in Peabody, MA 01960 with 1,536 square feet, asking $649,900. It was built in 1940. It has been on our site since October 30, 2026.
At $423 a square foot, it compares with a median of $389 among the 5 other multi-family homes for sale in Peabody with a stated size.
It scores 75 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Salem (MBTA Newburyport/Rockport Line), about 1.9 miles away. The closest bus stop is Washington St opp Dustin St (MBTA route 435), about 0.1 miles away.
The closest public schools by level are William A Welch Sr (0.2 miles), J Henry Higgins Middle (0.6 miles) and Peabody Personalized Remote Education Program (0.5 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73596952, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line.
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