23 Northend, Peabody, MA 01960
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$975,000
3 Unit
7 Beds
3 Baths
2300 SQFT
0.10 Acre

Property Description

Rare Turn-Key 3-Family Opportunity – Delivered Vacant! Whether you're looking to house-hunt with a massive mortgage subsidy or build your rental portfolio with a turn-key asset, this is the one. Offering two massive 3-bedroom units and a flexible 1+ bedroom unit, this is the perfect "buy and hold" or owner-occupant play.The heavy lifting has already been done: enjoy all-new water heaters, newer kitchen cabinetry, and separate systems for easy management. Each unit features spacious kitchens (refrigerators included!) and expansive living areas designed for long-term tenant retention.Outside, the property boasts a rare 6-car parking capacity and a beautiful yard with a patio—ideal for summer gatherings. With the building delivered vacant, you can leapfrog the current under-market rents and tap into immediate market-rate cash flow.This property has been loved and maintained by the current owner for years, is very close to elementary school, shopping and highway access.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: House of Worship, Park, Public School, Public Transportation
  • Common Rooms: Kitchen, Living Room, Mudroom, Office/Den
  • Common Interior Features: Ceiling Fans
  • Common Appliances: Dryer Hookup, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Gross Operating Income: 52800
  • Net Operating Income: 52800

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1889
  • Type: 3 Family - 3 Units Up/Down
  • Foundation Info: Other (See Remarks)
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73485814
  • Last Updated: 03/13/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
03/12/2026New$975,000$424MLSPIN

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Seller's Representative: Angie's Home Team, North Star RE Agents, LLC
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 2026-03-13 03:30:00