Back to Search
Active
7 Days on market
122 Foster Street Peabody — Photo 1 of 14

122 Foster Street Peabody — Photo 1 of 14

$950,000

Investment Analysis — 122 Foster Street

Peabody, MA 01960

Based on rent reported on the MLS listing, a 4-unit multi-family in 01960 carries $8,150/mo in gross rent — about a 6.93% cap rate and $65,825/yr in estimated NOI at the $950,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

4

SqFt

3,591

Style

4 Family - 4 Units Up/Down

Built

1890

122 Foster St contains one (1) Commercial unit and three (3) 2-Bedroom/1-Bathroom units with 3,591 square feet of gross living area. The Property is situated upon a 0.14-acre parcel and features three (3) tandem parking spaces, capable of fitting six (6) cars. 122 Foster Street is well-positioned in Peabody, offering strong access to the city’s commercial corridors, nearby retail amenities, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Route 114 and Route 1, as well as immediate access to Interstate 95/Route 128, providing efficient regional connectivity throughout the North Shore and into the greater Boston metropolitan area. Tenants are responsible for gas-powered heating & hot water, as well as separately metered electricity, which they pay directly. The Landlord is responsible for providing city water & sewer, which they pay directly.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$950,000
Annual Taxes$8,503

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
Flooring--
BasementUnfinished

Climate & Utilities

HeatingNatural Gas
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofRubber
FoundationStone
ZoningBN2

Property & Lot

Acres0.14
SqFt Lot6,229
Lot FeaturesGentle Sloping

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails

Geography

Listing Provided By

Listing Agent: Stephen Girolamo

Listing Office: Horvath & Tremblay

MLS® Number: 73583695