114 Central St Peabody — Photo 1 of 30
Recent Drop: $25,000
$1,025,000
Investment Analysis — 114 Central St
Peabody, MA 01960
Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01960 carries an estimated $6,080/mo in gross rent — about a 4.70% cap rate and $48,199/yr in estimated NOI at the $1,025,000 list price. Adjust every assumption in the calculator below.
Beds
8
Baths
3
SqFt
3,884
Style
Multi Family
Built
1900
**Presenting this grand and beautifully maintained 3,884 sq. ft. two-family home offering spacious and versatile living throughout.** Each unit features 3 bedrooms and 1 bath, with additional finished living space in the basement featuring 5 rooms, including 2 bedrooms and 1 bath.The property offers flexible living arrangements ideal for owner occupancy, investment, or multigenerational living. A new roof was installed in 2021, and all major appliances are included. Conveniently located with excellent access to regional highways, shopping, restaurants, the mall, and more. This home offers generous space and versatility throughout, while the unfinished attic provides additional storage and future potential, subject to applicable approvals.A wonderful opportunity to own a substantial and flexible two-family property with room to accommodate a variety of living needs and investment goals.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Dishwasher • Refrigerator
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Property History
$1,025,000
Was $1,050,000
Sep 16, 2026
MLS® 73566046
$1,050,000
Aug 20, 2026
MLS® 73566046
Listing Agent: Esther Summersett
Listing Office: Hadassah Homes, Inc.
MLS® Number: 73566046
