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Michael Simpson

michaelsimpsonhomes@gmail.com +1(603) 848-4331

$ 875,000

Est. payment -/mo

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131 Lynnfield St Peabody, MA 01960

7 Beds

4 Baths

4,448 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,448 sqft

Price per Sqft $196

MLS Listing ID 73599177

Bedrooms 7

Full Baths 4

Year Built 1925

Annual Tax Amount $9,516

Tax Year 2026

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi Family

Property Description

A kitchen you'll want to cook in, a primary suite with its own bath and walk-in closet, and rental income to help with the mortgage. This Peabody two-family gives you compelling reasons to think beyond a single-family home. The second floor brings together the features that make everyday living more comfortable. The updated kitchen has white cabinetry, stainless steel appliances, a subway tile backsplash, and an island with seating, so whoever's cooking doesn't have to miss the conversation. Hardwood floors, wide hallways, and a bay-window living room give the home a spacious, welcoming feel. Two bedrooms and two full bathrooms include a primary suite with a double vanity and walk-in closet. There's room to gather, room to retreat, and a covered front porch when you want to take your coffee outside. Finished third-floor rooms add another level of space to explore, giving this home a footprint that's hard to appreciate from the street alone. The first-floor apartment offers two bedrooms, a generous living room with bay windows, and an eat-in kitchen. Keep it as an income-producing rental while planning your own move upstairs, or consider the entire property as an addition to your investment portfolio. Renovations completed in 2017–2018, central air, in-unit laundry, and off-street parking for approximately six vehicles add everyday convenience. If you've been searching for a multifamily where the space you call home feels just as important as the income it can generate, put 131 Lynnfield Street on your list.

Location

State MA

County Essex

Zoning GB

Direction 131 Lynnfield St Peabody

Rooms

Basement Full, Interior Entry

Interior

Interior Features Remodeled, Walk-Up Attic, Living Room, Kitchen

Heating Forced Air, Natural Gas, Electric

Cooling Central Air

Flooring Wood, Tile, Hardwood

Appliance Range, Dishwasher, Range Hood

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Easements, Level

Story 3

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Virtual Tour https://my.matterport.com/show/?m=4Dc1S6P7Q1z&mls=1

Listed by Nina-Soto Realty, LLC

Michael Simpson

Agent License ID: RES.0836214

+1(603) 848-4331

Michael Simpson

131 Lynnfield St Peabody, MA 01960

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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131 Lynnfield St