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    4 Northend St Peabody, MA 01960

    For Sale
    $899,000

    Triplex with owner's unit, conversion options, and off-street parking.

    Lot size:
    0.08 Acres

    Property Features for 4 Northend St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1890

    Source: Barry Realty Group Agent Peter Castrichini

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Triplex with Conversion Potential

    Originally constructed as a traditional three-flat house, this property features two-bedroom, one-bathroom units on each floor. The previous owners converted the top two floors into a combined, two-story owner's unit. The third-floor kitchen was removed to accommodate an in-unit washer and dryer. All utilities are in place for conversion back to a standard three-unit configuration, or for use as a four-bedroom owner's unit or a four-bedroom rental unit. Off-street parking is available on the driveway, complemented by a backyard patio area. The house includes front and rear decks for each floor. The first-floor unit is currently open for buyer occupancy or can be rented for investment. The second and third floors are currently rented. Remodeled recently, the property offers a layout that is suitable as is or can be converted back to a three-family setup. Each unit has separate gas heat, electric, and hot water, with three separate systems in total.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Peabody
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9225854
    Latitude
    42.5305239

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    FAQs

    What type of property is this?
    Triplex - Triplex with owner's unit, conversion options, and off-street parking.
    Where is this triplex located?
    The property is located at 4 Northend St Peabody, MA.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Flexible layout: Use as a 4-bedroom owner's unit, a 4-bedroom rental, or convert back to a 3-unit building.; - Income potential: First floor is ready to rent, second and third floors are currently rented.; - Separate utilities: Each unit has its own gas heat, electric, and hot water systems.
    (978) 204-3874
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    4 Northend St Peabody, MA 01960
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    Peabody, MA 01960
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Northend St Peabody, MA 01960
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