Investment opportunity: 2-family home with recent fire damage in the heart of Peabody being sold AS IS (will not qualify for traditional financing). Large units were completely renovated 2 years ago prior to fire. Unit 1 has a total of 4 beds and 2 baths, including finished basement with potential for in-law setup. Unit 2 has 3 beds and 1 bath. There's a 1-car attached garage as well as a separate storage room. Centrally located just off Main St with many shops and restaurants, public transportation and supermarket and proximity to Rte 128 and I-95. Do not miss out on this great opportunity and schedule a private showing or come to our group showing Friday 7/11 4:30-5:30pm.
Sold for $645,000 on 08/15/25
$645,000
38 Pierpont St, Peabody, MA 01960
7beds
2,862sqft
2 Family - 2 Units Up/Down
Built in 1900
-- sqft lot
$642,400 Zestimate®
$225/sqft
$3,272 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 15, 2025 at 01:35pm
Listed by:
Mayra Rebello,
Simple Key Realty Inc.,
Mayra Rebello
Bought with:
Joe Pinto
RE/MAX American Dream
Source: MLS PIN,MLS#: 73401736
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Smart Thermostat, Remodeled, Kitchen, Laundry Room, Living RM/Dining RM Combo
- Flooring: Wood, Vinyl, Hardwood
- Basement: Finished
- Has fireplace: No
Interior area
- Total structure area: 2,862
- Total interior livable area: 2,862 sqft
- Finished area above ground: 2,089
- Finished area below ground: 773
Property
Parking
- Total spaces: 1
- Parking features: Paved Drive
- Garage spaces: 1
- Has uncovered spaces: Yes
Lot
- Size: 3,223 sqft
Details
- Parcel number: M:0096 B:0024,2107293
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Block
- Roof: Rubber
Condition
- Year built: 1900
Utilities & green energy
- Electric: 110 Volts
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & neighborhood
Location
- Region: Peabody
HOA & financial
Other financial information
- Total actual rent: 7700
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Estimated market value
$642,400