
149 Washington St Peabody — Photo 1 of 40
Recent Drop: $57,000
$1,228,000
149 Washington St, Peabody, MA 01960
Peabody, MA 01960 — South Peabody
Beds
8
Baths
5
SqFt
4,617
Style
5-9 Family
Built
1890
A rare opportunity to acquire a versatile 6 unit mixed use property (4 Res/2 com) just south of Peabody Sq.This property is a diamond in the rough with untapped income potential and is a blank canvas for investors. Featuring: 4 residential (4 Rm, 2 BR, 1 BA each) and approx.1515 sf of highly visible commercial storefront space with excellent foot & vehicle traffic, street parking and great exposure (commercial is being used as 2 separate retail spaces). It's strategic location is situated in a very walk-able mixed use neighborhood district, boasting a walkscore of 86 out of 100. It is steps to public transportation, a wide array of local businesses, restaurants, shopping, entertainment, bars, parks, schools and more. Only minutes to Main/Lowell/Boston/Lynnfield streets, highway access-I95/128, Rte 1. Rents are below market value.
Market Value Analysis
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Peabody, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Park • Highway Access
Geography
Property History
$1,228,000
Was $1,250,000
Sep 1, 2026
MLS® 73511500
$2,050
Aug 18, 2026
MLS® 73565157
$1,250,000
Was $1,285,000
Jul 17, 2026
MLS® 73511500
$1,285,000
May 1, 2026
MLS® 73511500
$1,228,000
May 1, 2026
MLS® 73511501
Population
54,474
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$97K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
34.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Lisa Leonard
Listing Office: Century 21 Mario Real Estate
MLS® Number: 73511500
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