78 Endicott Street

Peabody, MA 01960

$899,995
Price
8
Beds
2,870 Sq. Ft.
$314 / Sq. Ft.
2,870
Sq. Ft.
$314
per Sq. Ft.

Description

Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels....Rare to the market, this 4-unit multi-family property is located in Central Peabody, close to Rt-128/I95/Rt-1. This property presents an excellent opportunity for an investor, contractor, or owner-occupant looking to renovate and achieve market rents, restoring it to a renovated condition. All four units are 2-bedroom, 1-bathroom units with very similar layouts. Part of the driveway was paved in 2024, and a new Cultec drywell system was installed. Each unit has 100-amp individual electrical panels. Three units have gas-powered forced air heating systems, while one unit has gas-powered hot water baseboard heating. Gas and electric are separately metered for each unit. There is plenty of value to add to this property! This building offers significant opportunities to build equity and generate higher income!

Listing Agent

Property Details for 78 Endicott Street

Town
Peabody
Area
MA-Peabody
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6
LISTING UPDATED: 02/18/2025 03:34 AM

Property Details for 78 Endicott Street

StatusUnder Agreement
MLS #73330578
Days on Market20
Taxes$6,828 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyEssex County
Buyer's Agent Compensation2%

Building Information for 78 Endicott Street

Stories6Residences4Year Built1900Building Size-Lot Size0.08 AC / 3,511 SF

Property Information for 78 Endicott Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, University
  • Living Area: 2870.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Washer, Dryer, Range, Refrigerator, Microwave
  • Basement Features: Sump Pump
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Carpet, Laminate
  • Interior Features: Living Room, Kitchen, Dining Room
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Exterior Features: Porch - Enclosed
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Enclosed
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Assigned, Improved Driveway, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Assigned, Improved Driveway, Paved Driveway
  • Parking Features: Off-Street, Assigned, Improved Driveway, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: 100 Amp Service, Individually Metered
  • Heating: Forced Air, Natural Gas, Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 2 units to be delivered vacant,3rd unit claims they are moving out 3/1/25,4th unit yet to secure housing to our knowledge,remaining tenants are month to month. New sump pump installed. Buyer and buyer's agent to do due diligence
Tax Information
  • Tax ID: M:0074 B:0075C,2104199
  • Assessments: $737,400
  • Book: 0
  • Tax Year: 2025
  • Zoning: R4
Building / Association Information
Living Characteristics
  • Beds Total: 8
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
  • Levels: 6
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Electricity: $600.00
  • Annual Expenses Source: Estimated, Owner
  • GOI: $22,200.00
  • Insurance: $9,600.00
  • GRE: $18,400
  • NOI: $17,400.00
  • Operating Expense: $18,400.00
  • WSE: $4,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $1,850.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2

Property History for 78 Endicott Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 78 Endicott Street

Taxable ValueLand$171,900Additions$565,500Total$737,400
Tax Record2025$6,828 ($569 / month)
Home Facts
Baths4Total Finished SqFt2,870 SqFtAbove Grade Finished SqFt2,870 SqFtStories2Lot Size3,511 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningR4CountyESSEXAPNPEAB M:0074 B:0075-C

Schools near 78 Endicott Street

This home is within Peabody School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Center Elementary School
PublicK to 5

J Henry Higgins Middle School
Public6 to 8

Peabody Veterans Memorial High School
Public9 to 12

Thomas Carroll Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.