Active Under Contract

76 Days on market

5 Linden Road Peabody — Photo 1 of 37

Recent Drop: $35,000

$619,998

$584,998

Investment Analysis — 5 Linden Road

Peabody, MA 01960 — South Peabody

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01960 carries an estimated $2,560/mo in gross rent — about a 3.18% cap rate and $18,608/yr in estimated NOI at the $584,998 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

1.5

SqFt

1,188

Style

Single Family

Built

1930

Welcome to this move-in ready home, full of charm and natural light! Nestled on a quiet dead-end street, this inviting property offers the perfect combination of comfort and convenience. Enjoy access to a walking trail at the end of the street, perfect for outdoor recreation and peaceful strolls. Inside, you'll find 2 spacious bedrooms and 1.5 baths, with beautiful hardwood floors throughout. The first floor features a bright living room, a formal dining room with classic built-ins, an eat-in kitchen, a beautifully updated full bath, and a relaxing 3-season porch. Step outside from the kitchen onto the deck overlooking the fenced backyard, perfect for entertaining, relaxing, or enjoying your morning coffee. Upstairs offers two generously sized bedrooms and a convenient half bath. Need additional space? The finished basement provides endless possibilities as a family room, guest area, home office, or gym. With its charming character, flexible living space, and desirable dead-end location, this move-in ready gem is one you won't want to miss!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 594 sq ft (the lesser of 900 sq ft or half the 1,188 sq ft principal dwelling). Lot size: 4,151 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

No longer available to tour

Financials

Original Price$649,998

Annual Taxes$4,739

Parking

Garage0

Off-Street3

Interior Specifications

Total Rooms6

FireplacesNone

FlooringTile, Hardwood, Flooring - Hardwood

BasementFull, Partially Finished, Interior Entry, Bulkhead

Climate & Utilities

HeatingBaseboard, Oil

CoolingWindow Unit(s)

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningR1A

Property & Lot

Acres0.1

SqFt Lot4,151

Lot FeaturesCleared, Level

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second

Primary BedroomBedroom 2Bathroom 2

Basement

Family Room

Main,First

Living RoomDining RoomKitchenBathroom 1

Living Room

Lvl Main,First

12 x 16.583333333

Ceiling Fan(s), Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Dining Room

Lvl Main,First

10.083333333 x 9.916666666

Flooring - Hardwood, Recessed Lighting, Lighting - Overhead

Kitchen

Lvl Main,First

14.666666666 x 15.416666666

Flooring - Hardwood, Deck - Exterior, Exterior Access, Recessed Lighting, Gas Stove, Lighting - Overhead

Family Room

Lvl Basement

24 x 18.583333333

Flooring - Wall to Wall Carpet, Recessed Lighting

Primary Bedroom

Lvl Second

11.416666666 x 13

Ceiling Fan(s), Closet, Flooring - Hardwood, Lighting - Overhead

Bedroom 2

Lvl Second

14.833333333 x 9.916666666

Bathroom 1

Lvl Main,First

6.666666666 x 6.666666666

Bathroom - Full, Bathroom - With Tub & Shower, Closet - Linen, Flooring - Stone/Ceramic Tile, Countertops - Upgraded, Cabinets - Upgraded, Recessed Lighting