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
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RE/MAX Partners
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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
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