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100 Cummings Center Suite 104F
Beverly, MA 01915


Prepared for : May-27-2020 05:03:11 am
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62 Central St
Peabody, MA. 01960-4357

Essex County
Directions: Andover St To Central St. Near Downtown Peabody

MLS # 72297827 - Sold
Multi-Family 3 Family   White

List Price $499,000 Days on Market  
List Date   # Units 3
Sale Price $520,000 # Floors  
Sold Date 8/21/18 Rooms 11
Assessed Value $389,900 Bedrooms 6
Gross Living Area 3,740SF Full Baths 3
Lot Size 5,441SF Half Baths 0
Taxes $4,468.00 Fireplaces  
Tax Year 2018 Basement Yes
Zoning R2 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 6
    Garage Spaces 0


Showings start 5.29.18. Was under agmnt over this asking price w fha loan. Buyer was fine, property appraised well over asking price. Problem was the projected rental values used were too low. Over past 12 mos there have been 8 (3)-Family sales in Peabody. This is the only avail. (3)-Family in Peabody. Unit 1 (1st fl left), decent sized 2 rm studio w/ oak kitch cabs & private entrance. Kitchen & living rm/bdrm combo. Unit 2 (1st fl right), 4 rms, 2 bdrms, eat-in kitch. Unit 3 entire 2nd floor with stairway to 2 semi finished rooms on 3rd fl for additional living area. Would make a large townhouse (needs heat and electric). 5 rooms, 3 bdrms. 3 zone heat should make separating the heat for each unit much easier. 3 brand new 100 amp electric panels & house meter. New 200 amp service. Great opportunity to owner occupy & have the rent help pay your mortgage. Good income producer. Rents are below market. Conveniently close to downtown Peabody & down the street from Rtes 128 and 95.

Amenities   Public
   Shopping, Golf Course,
   Medical Facility,
   Highway Access, Public
Basement   Full, Walk
   Out, Interior Access,
   Concrete Floor
Construction   Frame
Electricity   100 Amps,
   200 Amps, Individually
Exterior   Vinyl
Exterior Feat.   Gutters
Flooring   Wood, Tile,
   Vinyl, Varies Per Unit,
Foundation   Fieldstone,
Foundation Size   36x34
Heating Zones   3
Hot Water   Oil, Tankless
Lead Paint   Unknown
Lot   Paved Drive,
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
Roof   Asphalt/Fiberglass
   Shingles, Rubber
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Electric Oven
Warranty   No
Unit 1 Appliances: Range, Refrigerator; Bedrooms: 1; Cooling: None; Floor: 1; Full Baths: 1; Heating: Hot
     Water Baseboard, Oil, Common; Interior: Studio, Bathroom With Tub & Shower, Open Floor Plan,
     Remodeled, Wall to Wall Carpet; Lease: No; Levels: 1; Rent: 900; Rent Includes: Heat, Water, Hot
     Water; Rooms: 2; Rooms Desc.: Living Room, Kitchen
Unit 2 Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 1; Full Baths: 1; Heating: Hot Water
     Baseboard, Oil, Common; Interior: Bathroom With Tub & Shower, Wall to Wall Carpet; Lease: No;
     Levels: 1; Rent: 850; Rent Includes: Heat, Water, Hot Water; Rooms: 4; Rooms Desc.: Living Room,
Unit 3 Appliances: Range; Bedrooms: 3; Cooling: None; Floor: 2; Full Baths: 1; Heating: Hot Water
     Baseboard, Oil, Common; Interior: Walk-Up Attic, Tile Floor, Wood Flooring, Bathroom with
     Shower Stall; Lease: No; Levels: 1; Rent Includes: Heat, Water, Hot Water; Rooms: 5; Rooms Desc.:
     Living Room, Kitchen
Financial Info
Gross Oper. Income   $21,000 Net Oper. Income   $21,000
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
Deed   Book: 26853, Page:
Disclosures   Gross living
   area, not measured. From
   public record
Exclusions   washer/ dryer
   belong to tenant
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   from public record, not
   measured. Buyer should
   confirm living area for
   them self by measuring.
Off Market Date   6/14/18
Parcel #   M:0075 B:0059
Seller Disclosure Doc   No
Short Sale   No
Terms   Other (See
Year Built Desc.  
Year Built Source   Public

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Property Last Updated by Listing Office: 8/21/18 4:56pm

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Gary Blattberg

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