
149 Washington St Peabody — Photo 1 of 36
Recent Drop: $35,000
$1,250,000
Peabody, MA 01960 — South Peabody
Beds
8
Baths
5
SqFt
4,617
Style
5-9 Family
Built
1890
Price Reduction! 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.
* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Peabody, MA.
Public Transportation • Shopping • Park • Highway Access
Was $1,285,000
Jul 17, 2026
MLS® 73511500
May 1, 2026
MLS® 73511500
May 1, 2026
MLS® 73511501
54,474
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$97K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
34.6%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Lisa Leonard
Listing Office: Century 21 Mario Real Estate
MLS® Number: 73511500
Explore other active listings in the area.