33 Jacobs St, Peabody, MA 01960
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$650,000
2 Unit
4 Beds
2 Baths
1770 SQFT
0.12 Acre

Property Description

Two family house with many updates located on a dead-end street near downtown Peabody. First floor is 5/2/1. Tenant pays $1850 now and will pay $1900 beginning June 1st. The lease expires 12/31/25. The second floor is a 6/2/1. It needs some cosmetic work, but overall, this home is in terrific shape. The expensive systems are done. Roof 2017, front porch rebuilt in 2019. On the 1st floor, the kitchen was renovated in 2012, new bathfitters shower 2017, windows 2021 (with transferrable warranty), gas furnace 2013, water heater 2021. On the 2nd-floor, gas furnace 2015 & gas water heater 2022. Gas & electricity are separately metered, and water/sewer/trash runs about $1200/year. A large storage shed and level backyard round out this great investment opportunity.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Amenities: Highway Access, House of Worship, Laundromat, Medical Facility, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Bulkhead, Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Stone/Granite/Solid Counters
  • Common Appliances: Dishwasher, Disposal, Dryer, Dryer Hookup, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 22200
  • Net Operating Income: 22200

Utilities

  • Electric Info: Individually Metered
  • Energy Features: Insulated Windows
  • Utility Connections: for Electric Dryer, for Electric Range, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1869
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown, Yes
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73349992
  • Last Updated: 03/29/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/25/2025New$650,000$367MLSPIN

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Seller's Representative: Amber Orton, Lyv Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-03-29 03:05:00

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