Brought to you by: Mitchell Rosenwald - RE/MAX Advantage
515 Lowell St., Peabody,MA 01960
"ALLOW ME TO EARN YOUR BUSINESS"

Phone: (617) 974-1230 Fax: (978) 548-6700
Website: www.RosenwaldRealEstate.com
Email: mrosenwaldrealestate@gmail.com
 

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Prepared for : Aug-19-2019 12:32:00 pm
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7 Howard Avenue
Peabody, MA. 01960

Essex County
Area: South Peabody
Directions: Washington St To Clement To Howard

MLS # 72446338 - Sold
Multi-Family 2 Family - 2 Units Up/Down    

List Price $575,000 Days on Market  
List Date   # Units 2
Sale Price $575,000 # Floors  
Sold Date 3/15/19 Rooms 12
Assessed Value $434,200 Bedrooms 6
Gross Living Area 2,836SF Full Baths 3
Lot Size 5,001SF Half Baths 0
Taxes $4,780.54 Fireplaces  
Tax Year 2019 Basement Yes
Zoning R1 Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1880 Parking Spaces 4
    Garage Spaces 0

Remarks:

2 FAMILY HOME: Beautiful condition in a great location. First floor unit has 2 bedrooms and 1 bath. Corner lot home located in a residential neighborhood, with little traffic passing through. Unit # 2 has 4 bedroom on the upper 2 floors with in-unit Laundry. Front and back Hallways and 2nd unit are de-leaded / lead compliant certified. Both kitchens are updated with stainless steel appliances, granite counter tops, and solid wood cabinets. Plenty of storage available in basement, 2 washer / dryer hook ups and a laundry area as well. Private driveway has parking for 4 cars and ample street parking. Easy access to major highways. Furnace & Hot water tanks: approx. 2 years old, Building insulated in 2015 & 2017.Gutter Helmets approx. 3 yrs old. Unit 1 delivered vacant. Unit 2 is tenant at will yet would like to stay. A 60 day notice to quit delivered. Request a private showing this week. All offers will be reviewed on Tuesday, Feb. 5th, allow 48hrs.

Features
Amenities   Public
   Transportation,
   Shopping, Park, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Public School
Basement   Full, Interior
   Access, Concrete Floor
Construction   Frame
Electricity   Circuit
   Breakers
Exterior   Vinyl
Exterior Feat.   Deck -
   Wood, Covered Patio/Deck
Flooring   Wood, Tile,
   Wall to Wall Carpet
Foundation   Fieldstone
Heating Zones   1
Hot Water   Natural Gas
Lead Paint   Certified
   Treated, Unknown
Lot   Corner
Parking   Off-Street, On
   Street Permit, Paved
   Driveway
Road   Public
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range, for Electric
   Range, for Gas Oven,
   for Electric Oven, for
   Gas Dryer, for Electric
   Dryer, Washer Hookup,
   Varies per Unit
Units
Common Features Rooms: Laundry; Heating: Hot Water Radiators
Unit 1 Appliances: Range, Disposal, Vent Hood, Washer & Dryer Hookup; Bedrooms: 2; Cooling: None; Floor:
     1; Full Baths: 1; Heating: Hot Water Radiators; Interior: Ceiling Fans, Cable TV Available,
     Storage, Tile Floor, Stone/Granite/Solid Counters, Hardwood Floors, Bathroom With Tub & Shower,
     Remodeled, Wall to Wall Carpet; Lease: No; Levels: 1; Rent: 1500; Rent Includes: Heat; Rooms: 5;
     Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 2 Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer,
     Vent Hood, Washer & Dryer Hookup; Bedrooms: 4; Cooling: None; Floor: 2; Full Baths: 2; Heating: Hot
     Water Radiators; Interior: Ceiling Fans, Lead Certification Available, Balcony/Deck, Tile Floor,
     Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Bathroom
     with Shower Stall, Bathroom With Tub & Shower, Remodeled, Wall to Wall Carpet; Lease: No; Levels:
     2; Rent: 2200; Rent Includes: Water; Rooms: 7; Rooms Desc.: Living Room, Dining Room, Kitchen,
     Laundry
Financial Info
Expenses Source   Owner
   Provided, Limited
   Information
Gas   $2,100
Gross Expenses   $1,800
Gross Oper. Income  
   $44,400
Insurance   $2,500
Net Oper. Income   $44,400
Water   $1,000
Additional Information
APOD Available?   No
Anticipated Sale Date  
   03/15/2019
Deed   Book: 33613, Page:
   352
Disclosures   Unit 2 and
   the front and rear
   halls/stairway to 2nd
   floor are Lead Compliant.
   One Furnace and hot water
   heater for each unit.
   Unit 2 pays gas bill with
   rent discounted. Unit 1
   rent was considered under
   market value. Public
   record shows 2 family
   with 4 bedrooms yet
   currently used as 6 total
   bedrooms
Exclusions  
   Washer/Dryer:Unit # 2
Foreclosure   No
GLA Source   Public Record
Off Market Date   2/7/19
Seller Disclosure Doc   No
Short Sale   No
Terms   Contract for Deed
Year Built Desc.  
   Approximate, Renovated
   Since
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 4/9/19 10:08am

Courtesy: MLSPIN

Listing Office: RE/MAX Advantage Real Estate Listing Agent: Mitchell Rosenwald


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