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Bean Group
Offered at $1,228,000Active
beds
8
baths
6
sq ft
4,617
Built
1890

149 Washington St

Peabody, MA 01960

About this home

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.

Listing last checked: Listing updated:

Listed by Lisa Leonard · Century 21 Mario Real Estate · MLS #73511500

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Details at a glance

Interior3 property facts
Rooms
18
Heating
Baseboard
Basement
Not reported
Building4 property facts
Style
5-9 Family
Year built
1890
Foundation
Slab
Roof
Rubber
Land & utilities5 property facts
Lot size
0.07 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
BN2
Financial2 property facts
Annual taxes
$8,007
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,228,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,877 / monthAdjust
Principal & interest
$6,209
Property tax
$667
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,007. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

Price and status timeline

  1. New

    $2,050 · Aug 18, 2026

  2. New

    $1,228,000 · May 1, 2026

More property insights

Automated value estimate $1,284,626

Estimated range $1,075,205–$1,494,047.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: below average

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About 149 Washington St

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Request a tour of 149 Washington St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.