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17 Tracey St, Peabody, MA 01960

$729,000 -$20,000 (-2.67%) Price Reduced

17 Tracey St, Peabody, MA 01960 View this property at 17 Tracey St, Peabody, MA 01960
17 Tracey St Peabody MA 01960

Property Description

Introducing Peabody's Newest Income Producing 4 Family near Downtown with more Potential for the Bottom Line!!! This property includes four 2 Bedroom units with a potential fifth 2 bedroom or expansion to current units on the third floor! The third floor needs to be finished however new windows, electricity and plumbing have been installed to get you started. Currently 3 units are rented as Tenants at Will's at below market rents (see Income/ Expenses); one has been left Vacant for showings and/ or owner occupied buyers. All units have hardwood flooring and replacement windows. Basement is extremely clean with more potential. Laundry hook ups are available. Heating is separately metered; 2 of the units are F/H/W and 2 are Hot Water
Baseboard. Each unit has its own Hot Water Tank. Plenty of room for storage for tenants and/ or yourself. Tracey Street is a quiet street located minutes from Downtown Peabody. Tenants will enjoy the convenience to shopping, dining and public transportation.

Full Property Details for 17 Tracey St

  • Price: $729,000
  • Taxes: $5,459 (2016)
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 72097125
  • Updated: 12/7/2016
  • Added: 9 day(s) ago

Property History

  • 17 Tracey St, Peabody, MA
  • Reduced to $729,000 on 12/7/16
  • Listed at $749,000 on 11/29/16

Interior

  • Number of Rooms: 14
  • Flooring: Vinyl, Wall-to-Wall Carpet, Varies Per Unit, Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Porch, Balcony, Gutters, Decorative Lighting, Screens, Satellite Dish, Varies per Unit, Garden Area
  • Color: Blue/ Grey

Parking

  • Parking Features: Off-Street, Deeded, Improved Driveway, Stone/Gravel, Paved Driveway

Location

  • County: Essex
  • Driving Directions: Tremont Street to Tracey Street

School Information

  • Elementary School: Carrol
  • Middle School: Higgins
  • High School: PHS

Community

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Public School

Heating & Cooling

  • Furnaces: 3
  • Heating Zones: 4
  • Water Heater: Natural Gas, Tank

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Description: Connection for Gas Range, Connection for Gas Oven

Structural Information

  • Architectural Style: 4 Family - 4 Units Up/Down
  • Construction: Frame, Block
  • Exterior Const.: Vinyl
  • Basement: Yes
  • Basement Desc.: Full, Interior Access, Concrete Floor
  • Roof: Asphalt/Fiberglass Shingles
  • Stories Description: 2
  • Square Feet: 2,832
  • Sq. Ft. Source: Public Record
  • Year Built: 1900

Unit Information

  • Units in Building: 4

Unit 1

  • Unit Description: Living Room, Kitchen
  • Bedrooms: 2

Unit 2

  • Unit Description: Kitchen
  • Bedrooms: 2

Unit 3

  • Unit Description: Living Room, Kitchen
  • Bedrooms: 2

Unit 4

  • Unit Description: Kitchen
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,404
  • Frontage: Public, Paved, Publicly Maintained, Sidewalk
  • Street/Road Desc.: Public, Paved, Publicly Maintained, Sidewalk
  • Zoning: R2
  • Lot Description: Paved Drive, Shared Drive, Level

Financial Considerations

  • Price Per Sq. Ft.: $257.42
  • Tax Amount: $5,459
  • Tax Year: 2016

Disclosures and Reports

  • APN: M:0086 B:0071
  • Block/Lot/Section: 71

See This Home

Meet the listing agent

Meet the listing agent

— 17 Tracey St —

Estimate the Cost

17 Tracey St will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

Nearby Schools

17 Tracey St, Peabody, MA 01960 (MLS# 72097125) is a Multi-Family property with 4 units containing 8 bedrooms and 4 full bathrooms. 17 Tracey St is currently listed for $729,000 and was received on November 29, 2016. This property is listed by Dana Newell from our Topsfield Office. Want to learn more about 17 Tracey St? Do you have questions about finding other Multi-Family real estate for sale in Peabody? You can browse all Peabody real estate or contact a Coldwell Banker agent to request more information.

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