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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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39 Washington St , Peabody, MA 01960
$1,050,000
Est. Payment: $2,333.33/mo
5 Bed
3 Bath
3536 Sqft
Status: Active | Days on site: 27
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C95098 - CN202250
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House Description

A rare opportunity for contractors, investors, or buyers looking to own a piece of Peabody history. The Rufus Brown House is a distinctive historic multi-family property that has been cherished by the same family for generations and is conveniently located close to downtown. Set on approximately 0.42 acres (26,180 square feet) and located in an R-4 zoning district, the property offers a unique combination of historic character, land, parking, and potential. The property is currently configured as two residential units and features a four-car garage along with abundant off-street parking. The substantial lot and R-4 zoning may provide opportunities to explore renovation, expansion, additional residential use, or other permitted improvements, subject to applicable zoning requirements, building and fire codes, historic considerations, and all required municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of Peabody and appropriate professionals regarding any future use, alteration, expansion, or redevelopment. The home itself is filled with remarkable period details, including a classic brick sidewalk, dentil molding, large 6-over-6 windows, four marble fireplaces, Austrian crystal chandeliers, sconces, and beautiful original moldings. Curved doors and impressive 11-foot ceilings further showcase the craftsmanship and architectural character of this distinctive property. Adding to its versatility, the property was formerly used as a dentist's office, reflecting its history of accommodating professional use. The existing property, generous land area, parking, garage, and multifamily zoning make this an intriguing opportunity for a contractor, investor, owner-occupant, or buyer interested in restoring and preserving a piece of Peabody history. Special Showing Instructions: SHOWINGS BY APPOINTMENT ONLY

Highlights

Listed by Jan Pellegrini , 978-810-0916 Keller Williams Realty Evolution , 978-927-8700.

Property Type

Multi-Family

Lot/Acreage
0.42

Year Built

1860

County

Essex

Listing ID

73566029

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:3
  • Full Bathrooms:2
  • 1/2 Bathrooms:1
Floor:Wood,Vinyl
Water:Public

Exterior Features

Lot:Easements
Garage Capacity:8
Zoning:R4
Roof:Shingle
Others:
  • Additional:Garden
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Off Street,Parking Spaces: 8
Principal Interest
$2,333
Taxes
$795

Home Price

$1,050,000

Loan Details

30 yrs
%

Down Payment

20%
$210,000
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Monthly Price:
$2,333.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,333.33 $794.93 $0.00 $3,128.26
Yearly $28,000.00 $9,539.13 $0.00 $37,539.13
Total $840,000.00 $286,173.90 $0.00 $1,126,173.90

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Peabody, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.