112 Lowell St, Peabody, MA 01960
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$530,990
3 Beds
3 Baths
1560 SQFT
Acres: N/A
$483 HOA

Property Description

A rare opportunity! This spacious townhouse-style condo offers dual potential: a perfect primary residence or a high-yield investment property with proven rental income of $3,500/month in Peabody’s sought-after location. Strong demand from professionals & families, the multi-level living with private entry has open-concept main floor and half bath while bedrooms tucked on the second and third floor for privacy. Stainless steel appliances, ample cabinets, and eat-in space. Generous Bedrooms – Primary suite with a full bath. In-Unit Washer/dryer in the basement for convenience and 1 Dedicated Parking Spots – Rare for condos. The home is just 5 mins to North shore Mall, Market Street Lynnfield & major employers (easy tenant pool). Peabody's walk Score is 70+ – Restaurants, pharmacies, and public transit nearby. First-time buyers wanting to house hack (live in one room, Air BnB others). Investors expanding their portfolio with a low-maintenance, high-demand property. Schedule a showing.

Property Details tap to expand

Amenities

  • Amenities: Highway Access, Shopping
  • Association Fee Includes: Master Insurance

Kitchen, Dining, and Appliances

  • Kitchen Level: First Floor

Bathrooms

  • Full Baths: 2
  • Half Baths 1
  • Bathroom 1 Level: First Floor
  • Bathroom 2 Level: Second Floor
  • Bathroom 3 Level: Second Floor

Bedrooms

  • Bedrooms: 3
  • Master Bedroom Level: Second Floor
  • Bedroom 2 Level: Second Floor
  • Bedroom 3 Level: Third Floor

Other Rooms

  • Total Rooms: 5
  • Living Room Level: First Floor

Utilities

  • Heating: Forced Air, Oil
  • Cooling: Central Air
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit Features

  • Square Feet: 1560
  • Unit Building: 16
  • Unit Level: 1
  • Floors: 2
  • Pets Allowed: No
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Type: Condo
  • Complex Complete: U
  • Number of Units: 18
  • Elevator: No
  • Condo Association: U
  • HOA Fee: $483
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1987
  • Style: Cape, Historical, Rowhouse
  • Lead Paint: None
  • Warranty: No

Garage & Parking

  • Parking Spaces: 1

Exterior & Grounds

  • Pool: No

Other Information

  • MLS ID# 73364300
  • Last Updated: 04/25/25
  • Documents on File: Legal Description, Management Association Bylaws, Master Deed, Septic Design, Site Plan, Subdivision Approval

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/24/2025Sold$505,000$324MLSPIN
04/24/2025New$530,990$340MLSPIN
03/19/2025Under Agreement$485,000$311MLSPIN
03/15/2025Active$485,000$311MLSPIN
03/11/2025New$485,000$311MLSPIN
12/30/2020Sold$399,900$206MLSPIN
11/30/2020Under Agreement$399,900$206MLSPIN
11/17/2020Contingent$399,900$206MLSPIN
11/04/2020Active$399,900$206MLSPIN

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Seller's Representative: Rachel Mwankanye, Reva Capital Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-04-25 03:30:00