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149 Washington St, Peabody, MA, 01960

8beds
6baths
4,617sqft
$1,250,000
$271price/sqft
$8,635/moest. monthly cost
$345,400/yrincome needed

About This Home

Located in Peabody town center- 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.

Getting Around

86
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Slab
  • Roof: Rubber
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Features

  • Finished area above ground: 4,617

Heating

  • Heating features: Baseboard

Interior Area

  • Total structure area: 4,617
  • Total interior livable area: 4,617 sqft

Property

Details

  • Parcel number: 2106753
  • Zoning: BN2
  • Exclusions: Personal Property And Tenant Possessions

Features

  • Patio & porch: Porch
  • Fencing: Fenced/Enclosed,Fenced

Lot

  • Lot size: 3,223 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,320$75,840
Home Insurance *$343$4,116
Property Taxes $1,062$12,744
Electricity $910$10,925
Total$8,635$103,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$296,057/yr
40% on housing$259,050/yr
45% on housing$230,266/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 01960$305
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01960$372
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-02Listed for sale$1,285,000
2020-03-18Listing removed$1,150,000
2020-01-24Listed for sale$1,150,000
2017-07-14Listing removed$1,425
2017-07-11Listed for rent$1,425
2016-06-03Sold$480,000
2016-02-29Listing removed$569,000
2016-02-29Pending sale$569,000
2016-01-29Listed for sale$569,000
2016-01-22Pending sale$569,000
2015-11-18Price change$569,000
2015-10-12Listed for sale$595,000
1995-12-04Sold$110,000

For Sale by Agent

AgentLisa Leonard
BrokerageCentury 21 Mario Real Estate

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