3 Bourbon St, Peabody, MA 01960
- $10,000,000
- List Price
- $10,000,000
- Status
- ACTIVE
- MLS#
- 73575777
- Lot Size (Acres)
- 2.39
- Year Built
- 1972
Property Description
Great property right off Route 1 in Peabody for sale! Owner operator has small office and nicely done two bed 2 bath 3500SF home included in the property sale. Solid existing tenants with long term leases going into 2033 with option years. New owner can enjoy great rental income from the Mini-Storage business with existing below market price and get financial boost from moving the 176 units' rent to market pricing. Also has great development potential for any developers seeking to expand onto residential ground-up development. There's also a Class II Auto Dealer license for additional consideration if buyer is interested, very limited amount in the City of Peabody.
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Additional Information
- Taxes
- $66,570
Mortgage Calculator
Listing courtesy of Listing Agent: Jenna DeRose from Listing Office: NextGen Realty, Inc..
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