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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

Brokerage

William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 149 Washington St, Peabody, MA 01960
Active
112 Days on market
149 Washington St Peabody — Photo 1 of 40

149 Washington St Peabody — Photo 1 of 40

Recent Drop: $35,000

$1,285,000
$1,250,000

$1,250,000

149 Washington St, Peabody, MA 01960

Peabody, MA 01960 — South Peabody

Beds

8

Baths

5

SqFt

4,617

Style

5-9 Family

Built

1890

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. Rents are below market value.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$271/sqft
Local Avg (Peabody)$369/sqft
27% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$1,285,000
Annual Taxes$10,451

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms18
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingBaseboard
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationSlab
ZoningBN2

Property & Lot

Acres0.07
SqFt Lot3,223
Lot Features--

Neighborhood

Public Transportation • Shopping • Park • Highway Access

Geography

Property History

Listed
$2,200

Aug 18, 2026

MLS® 73565157

Price Drop
$1,250,000

Was $1,285,000

Jul 17, 2026

MLS® 73511500

Listed
$1,285,000

May 1, 2026

MLS® 73511500

Population

54,474

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Peabody, MA market report ZIP 01960 market data
Listing Provided By

Listing Agent: Lisa Leonard

Listing Office: Century 21 Mario Real Estate

MLS® Number: 73511500

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