Active
20 Days on market
39 Washington St Peabody — Photo 1 of 42

39 Washington St Peabody — Photo 1 of 42

$1,050,000

39 Washington St, Peabody, MA 01960

Peabody, MA 01960

Beds

5

Baths

2.5

SqFt

3,536

Style

Multi Family

Built

1860

A rare opportunity for contractors, investors, or buyers looking to own a piece of Peabody history. The Rufus Brown House is a distinctive historic multi-family property that has been cherished by the same family for generations and is conveniently located close to downtown. Set on approximately 0.42 acres (26,180 square feet) and located in an R-4 zoning district, the property offers a unique combination of historic character, land, parking, and potential. The property is currently configured as two residential units and features a four-car garage along with abundant off-street parking. The substantial lot and R-4 zoning may provide opportunities to explore renovation, expansion, additional residential use, or other permitted improvements, subject to applicable zoning requirements, building and fire codes, historic considerations, and all required municipal approvals. Buyers are encouraged to conduct their own due diligence with the City of Peabody and appropriate professionals regarding any future use, alteration, expansion, or redevelopment. The home itself is filled with remarkable period details, including a classic brick sidewalk, dentil molding, large 6-over-6 windows, four marble fireplaces, Austrian crystal chandeliers, sconces, and beautiful original moldings. Curved doors and impressive 11-foot ceilings further showcase the craftsmanship and architectural character of this distinctive property. Adding to its versatility, the property was formerly used as a dentist's office, reflecting its history of accommodating professional use. The existing property, generous land area, parking, garage, and multifamily zoning make this an intriguing opportunity for a contractor, investor, owner-occupant, or buyer interested in restoring and preserving a piece of Peabody history. Special Showing Instructions: SHOWINGS BY APPOINTMENT ONLY

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$297/sqft
Local Avg (Peabody)$388/sqft
23% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$1,050,000
Annual Taxes$9,539.13

Parking

Garage4
Off-Street8

Interior Specifications

Total Rooms14
Fireplaces4
FlooringWood, Vinyl
BasementFull, Interior Entry, Concrete

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationGranite
ZoningR4

Property & Lot

Acres0.42
SqFt Lot18,199
Lot FeaturesEasements

Neighborhood

Public Transportation • Shopping • Golf • Medical Facility • Laundromat • Highway Access

Geography

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)

Listing Provided By

Listing Agent: Jan Pellegrini

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73566029

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