Search
Approved Condominium Development Opportunity
For Sale
$3,250,000

55 Pulaski St, Peabody, MA 01960

Approved 22-unit condominium project near Route 114 in Peabody.

Property SizeContact for details
Days on Market497

Property Features for 55 Pulaski St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $13,092
Listing Agency: Herrick Lutts Realty Partners
Listed By: Herrick Lutts Realty Partners
Source: Corcoran
Added: Apr 25, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Herrick Lutts Realty Partners

Investment Insights

Based on property information with market context.

An approved 22-unit condominium project is available at 55 Pulaski Street in Peabody, situated just off Route 114. Each unit is designed to offer approximately 1,000 square feet of living space, featuring 2 bedrooms and 1.5 bathrooms. The plans emphasize open-concept living areas, functional layouts, and well-appointed kitchens. The project prioritizes privacy, comfort, and a calm residential environment while being minutes from major shopping centers, restaurants, and public transit. The location provides access to Boston and surrounding North Shore communities. This is a development opportunity to bring a turnkey, well-located project to market in a high-demand, growth-oriented area.

Key Highlights

  • 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.

Property Analytics

Current Use

Roadhouse Pub Nightclub

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

634
Businesses Nearby

Demographics for 01960, MA

54,155
Population
23,009
Households
2.4
Avg Household Size
47
Median Age
34%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,385
Density / Sq Mi
$95,173
Median Household Income
$56,100
Median Earnings
$1,902
Median Rent
$566,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Approved 22-unit condominium project near Route 114 in Peabody.
Where is this apartment building located?
The property is located at 55 Pulaski St Peabody, MA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message