Active
31 Days on market
114 Central St Peabody — Photo 1 of 30

114 Central St Peabody — Photo 1 of 30

Recent Drop: $25,000

$1,050,000
$1,025,000

$1,025,000

114 Central St, Peabody, MA 01960

Peabody, MA 01960

Investor Analysis

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.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$264/sqft
Local Avg (Peabody)$374/sqft
29% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$1,050,000
Annual Taxes$7,251

Parking

Garage0
Off-Street8

Interior Specifications

Total Rooms14
FireplacesNone
Flooring--
BasementFinished

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone, Granite
ZoningBN

Property & Lot

Acres0.13
SqFt Lot5,878
Lot FeaturesCorner Lot

Amenities & Appliances

Dishwasher • Refrigerator

Geography

Property History

Price Drop
$1,025,000

Was $1,050,000

Sep 16, 2026

MLS® 73566046

Listed
$1,050,000

Aug 20, 2026

MLS® 73566046

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

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Esther Summersett

Listing Office: Hadassah Homes, Inc.

MLS® Number: 73566046

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