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62-R Wallis StreetPeabody, MA 01960

For Sale

$1,120,000

Smart Buyer Rebate $5,600

Back on Market due to appraisal error: This is a three unit prop. not four. This property A truly one of a kind property with potentials to subdivide or expand. This property features a rare lot size of a whopping 23,292 SqFt. conveniently located in the downtown area making it an ideal location for discerning investors and developers. The first unit has 4 bds and 2 baths. Previously an owner's unit; it features gleaming hardwood floors through out, stainless steel appliances, granite countertops, and a ductless Mini-Split System. The units on the left side of the building, one has one bedroom and the unit on the second floor has two bedrooms, all with large closet spaces. The lower level is partially finished with exterior entry. Current TAW tenants with lower rents offer flexibility for new management strategies. Tenant Appeal: Close to local attractions, public transportation, and major highways, appealing to long-term residents. Newer roof, utilities at the property are sub-metered

Listed by James Pham

·

RE/MAX Partners

·

617-991-4607

Last updated September 02, 2025

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Source: MLSPin #73398645

Listing Facts

  • TypeMulti-family
  • NeighborhoodPeabody Town Center
  • Bedrooms9
  • Bathrooms5
  • Days on Prevu69
  • Taxes$9,677/year
  • Size4,276 sqft
  • Price per sqft$262

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

08/26/2025
Status changed to Active
$1,120,000
07/11/2025
Status changed to Pending
$1,120,000
07/01/2025
Listed by RE/MAX Partners
$1,120,000

Property Details for 62-R Wallis Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House Of Worship, Public School

Exterior

Construction

  • Number Of Units Total: 3
  • Roof: Shingle
  • Stories: 4
  • Stories Total: 4
  • Year Built: 1985
  • Year Built Details: Approximate
  • Exterior Features: Rain Gutters, Garden, Other

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 4,276
  • Building Area Units: Square Feet
  • Lot Size Acres: 0.53
  • Lot Size Area: 0
  • Lot Size Square Feet: 23,292
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $61,800.00

Taxes

  • Parcel Number: 2104755
  • Tax Annual Amount: $9,677.00
  • Tax Assessed Value: $1,045,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Microwave, Refrigerator
  • Flooring: Carpet, Laminate, Hardwood
  • Interior Features: Stone/Granite/Solid Counters, Upgraded Countertops, Remodeled, Living Room, Kitchen, Family Room

Measurements

  • Living Area: 4,276
  • Living Area Source: Public Record

Rooms

  • Basement: Full, Partially Finished
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 9
  • Rooms Total: 18

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Ductless
  • Has Cooling: Yes
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Has Heating: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: For Electric Dryer, Washer Hookup
  • Water Source: Public

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, landlords 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, leasing or renting 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, leasing or renting. 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.