24 Tracey St, Peabody, MA 01960
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$945,000
3 Unit
7 Beds
3 Baths
2502 SQFT
0.06 Acre

Property Description

Exceptional opportunity to own a cash-flow positive oversized three-family home in a convenient Peabody location. Ideal for owner-occupants or investors, this property can be delivered vacant, or not, and therefore offers immediate occupancy or rental flexibility with existing tenants. Features include 3 spacious units, 2 bedrooms each, 4 off-street parking spaces, and strong income potential. Conveniently located near shopping, dining, schools, and major routes. Whether you are looking to invest or occupy, this is a rare opportunity to own a versatile multi-family home in a desirable North Shore location.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, House of Worship, Public School, Public Transportation, Shopping
  • Basement Features: Finished, Full, Other (See Remarks)
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Range, Refrigerator
  • Common Heating: Forced Air, Oil

Financial

  • APOD Available: No
  • Gross Operating Income: 102000
  • Net Operating Income: 86400

Utilities

  • Electric Info: 110 Volts, On-Site
  • 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: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: None
  • Under Lease: Yes

Construction

  • Year Built: 1870
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Certified Treated, Unknown
  • Warranty: No

Other Information

  • MLS ID# 73516096
  • Last Updated: 05/20/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/20/2026Contingent$945,000$378MLSPIN
05/15/2026Active$945,000$378MLSPIN
05/11/2026New$945,000$378MLSPIN

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Seller's Representative: Maria Paim, ERA Metropolitan Homes
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 2026-05-20 17:59:00

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