Opportunity Knocks! Two-Family on the Peabody/Salem Line. Investors, contractors, and savvy buyers – bring your vision to this two-family home ideally located on the Peabody/Salem line. This property offers tremendous potential with solid bones and expansion potential, perfect for rental income, multigenerational living, or future resale. Each unit features spacious rooms, high ceilings, and separate electric, making it a great candidate for renovation.This home is ideal for those looking to add value with updates and repairs. See the partially finished basement and additional rooms on the third floor, along with a great backyard ready for your vision. Whether you're looking for an investment or to customize and hold, the location can't be beat: enjoy easy access to downtown Salem, Peabody shops and restaurants, public transportation, and major highways. Don't miss your chance to transform this property and build equity in a desirable North Shore location.
MLS Listing ID: | 73414228 |
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Listing Price: | $600,000 |
Listing Status: | Contingent [?] |
Property Type: | Multi Family |
Bedrooms: | 4 |
Full Baths: | 2 |
Half Baths: | 1 |
Living Space: | 2128 sf. |
Lot Size: | 0.16 acres (6761 sf.) |
Parking: | Yes |
Taxes: | $7,675.00 |
Tax Year: | 2025 |
Listing Current as of August 18, 2025 2:00pm
This listing brought to you by Steven Mallia of RE/MAX Beacon.
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