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ATTENTION DEVELOPERS and INVESTORS*** Convert to condos or keep as an investment property. Considered minor renovations to the basement,add a 4th unit,increase TAW rents on remaining 3 units to market value,gross income has the possibility of doubling! Owned by the same family for many years,this home features generous size rooms,private entrances,hardwood floors,& bay windows in 2 of the units. Each unit has 3 bedrooms and separate utilities. Roof and electricity updated in 2011,heating system in 2018. Two sheds,one with power. Great curb appeal. Gross income noted is based upon projected rent,annual expense is actual. Units can be delivered vacant or with 2 of the 3 occupied. Walking distance to downtown Peabody,public transportation,shopping and restaurants. Come enjoy all the North Shore has to offer. Don't miss this opportunity for a money maker in Peabody!
Listed by Susan Kelsey of Coldwell Banker Realty - Lynnfield

Property Details of 13 Jacobs Street

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