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    Salem, MA Danvers, MA Beverly, MA Lynn, MA Swampscott, MA Lynnfield, MA Marblehead, MA Lawrence, MA
    Approved Condominium Development Opportunity
    Updated: Apr 25, 2025
    Approved Condominium Development Opportunity

    55 Pulaski St, Peabody, MA 01960

    $3,250,000
    Approved 22‑unit condominium project: Turnkey development opportunity.
    Prime location: Just off Route 114 with easy access to Boston and the North Shore.
    High‑demand, growth‑oriented area: Excellent investment potential.
    Thoughtfully designed units: Approximately 1,000 sq ft with 2 bedrooms and 1.5 bathrooms.
    Open‑concept living areas and well‑appointed kitchens: Modern living appeal.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Peabody, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    9-Unit Apartment Building
    9-Unit Apartment Building

    364-366 Essex Street, Salem, MA 01970

    $2,200,000
    9,044 sqft 0.13 AC lot

    Two-building apartment property with a varied unit mix, off-street parking, and landlord-provided utilities.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    7 WALLIS ST, Beverly, MA 01915

    Contact for pricing
    6,722 sqft

    Mixed-use building offers both retail space and residential units in Beverly, MA.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    19 Essex St, Beverly, MA 01915

    $1,400,000

    A varied bedroom mix is paired with off-street tenant parking and access to Beverly’s central amenities.

    View details
    Historic Six-Unit Multifamily Building
    Historic Six-Unit Multifamily Building

    395 Essex, Salem, MA 01970

    $1,795,000

    Six apartments in a circa-1735 Georgian Colonial include updated gas heating and multiple original fireplaces.

    View details

    Peabody, MA Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Peabody, MA on our real estate platform.

    Sale prices for two-family homes in Peabody, MA average $3,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 54K
    Population Growth (5Y) +2.7%
    Median Household Income $95,173
    College Educated 22.6%

    High-Yield Neighborhoods for Investment

    Identify Peabody submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    01960 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.84%
    Property Tax per SF $14.90 per SF
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Peabody fall within the 100,000+ square foot range.

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