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17 Tracey St,Peabody MA, 01960

8 beds , 4 Full baths
Status: Active
MLS#: 72097125
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Berkshire Hathaway HomeServices N.E. Prime Properties
(877) 778-6363

Last Updated: 2/23/2017 3:35 AM
Description for 17 Tracey St Peabody, MA 01960
Exceptional 4 family multi, with third floor potential for expansion or additional unit and increased income. FHA financing qualitied “ ideal for owner occupied. 7.24% cap rate with existing rent and well over 8% cap rate assuming market rent in a quite, desirable location, walking distance to downtown Peabody. Fully updated with quality roof, new siding, windows, individually metered heating and electric for ease of management.. This property includes four 2 Bedroom units with a potential fifth 2 bedroom or expansion to current units on the third floor! Currently 3 units are leased and 1 unit is a TAW. (see Income/ Expenses). Units have all gone through a renovation and look GREAT! All units have hardwood flooring and replacement windows; kitchens and baths have been done over as well. Basement is extremely clean and provides areas for storage and laundry. Heating is separately gas metered; 2 of the units are F/H/W and 2 are Hot Water Baseboard. There is parking for 6! A MUST see
Listing Information
Property Type: Fourplex, Other
Essex 8
4 Full 14
0.1 Acres
6 Frame, Block
Concrete Block, Stone
Gas Water Heater
Circuit Breaker Box, Individual Electric Meters
4 Total
School Information
Room Information
Interior Features
Range, Refrigerator, Exhaust Fan/Hood
Hardwood, Carpet Wall to Wall, Vinyl
Gas Heat, Baseboard
Full, Concrete
Exterior / Lot Features
6 Parking Spaces, Off Street, Deeded Parking, Gravel, Paved Driveway
Porch, Balcony
Gutters, Satellite dish, Garden, Sidewalks, Public Transport, Close To Shops, Public Roads, Paved Road, Level
Financial Considerations
M:0086 B:0071
Listing Price History for 17 Tracey St

Peabody Real Estate

Peabody is located in Massachusetts. Peabody, Massachusetts 01960 has a population of 51,215.

The median household income in Peabody, Massachusetts 01960 is $67,052. The median household income for the surrounding county is $66,918 compared to the national median of $53,046. The median age of people living in Peabody 01960 is 44 years.

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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