4 Elm Street, Unit 1

Peabody, MA

$455,000

Set near downtown Peabody, this 3-bedroom condo with a formal dining room and 2 parking spots is an ideal choice for home buyers. This 1st floor unit features an open layout, high ceilings, and hardwood floors. The living room seamlessly transitions into a formal dining area, illuminated by natural light. The well-equipped updated kitchen includes neutral shaker cabinets, quartz countertops, Stainless Steel appliances and gas cooking. Other highlights encompass in-unit washer and dryer, double pane windows, freshly updated full bathroom, private outdoor space, and a sizable private storage area in the basement. With its close proximity to downtown, residents can enjoy a brief walk to all the best spots in downtown Peabody!


Property Details

3 Bedrooms

1 Bathroom

1,317 SF

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Showing Information

Please join us for our Open House:


Saturday, July 27th

12:00 PM - 2:00 PM

Sunday, July 28th

12:00 PM - 2:00 PM


If you need to schedule an appointment at a different time, please call/text Alex Abramo at 339.223.9277.


Additional Information

  • 6 Rooms, 3 Bedrooms, 1 Bathroom

  • Living Area: 1,317 Interior Square Feet

  • Condo Fee: $185.11/month

  • Year Built 1900, Converted: 2005

Interior Details:

  • As you step into the exclusive entryway, you'll be welcomed by a well-lit living room that seamlessly flows into a formal dining area, complete with a beautiful chandelier, windows, and gleaming hardwood floors.

  • Continuing through the dining area, you'll discover a well-equipped kitchen featuring white shaker cabinets, quartz countertops, gas cooking, and a laundry nook that doubles as a pantry.

  • From the kitchen, you can access the primary bedroom, with hardwood floors, ceiling fan, and closet.

  • Opposite the dining room, you'll encounter a full bathroom between two guest bedrooms with ceiling fans and closets.

  • You can also access, from the kitchen, the exclusive deck area and back staircase leading to the basement, where you'll find all the utilities and private storage space.

Basement & Systems:

  • The open basement has one private storage room for this unit, plus additional common storage space.

  • Heating: Gas-fired Burnham boiler (2020) heats through radiators and is controlled by a Radio programmable thermostat.

  • Cooling: Window AC units.

  • Hot Water: 40-gallon Bradford hot water tank (2021).

  • Electrical: 100 amps through circuit breakers.

  • Laundry: Maytag washer and dryer (2020) are located in the unit.

  • Utilities: National Grid for gas ($175/mo avg), Peabody Municipal for electric ($36/mo avg)

Exterior & Parking:

  • Exterior: The building foundation is fieldstone, the exterior is vinyl siding (age unknown).

  • Roof: Asphalt shingles (age unknown).

  • Windows: Harvey windows (age unknown).

  • Parking: 2 off street parking spaces.

  • Outdoor space: exclusive porch in the back of the building.

Association & Financial Information:

  • 3-unit association, 2 units owner-occupied.

  • The beneficial interest for this condo is 41.5%.

  • Condo Fee: $185.11/month. The fee covers master insurance, water & sewer, and common electricity.

  • This is an owner-managed condo association.

  • Condo Account: $7,258.30 as of June 2024.

  • Pets - Owners are allowed to have one dog or one cat under 25 pounds (Declaration of Trust).

  • Rentals - Units may be rented for more than 30 days (Master Deed).

  • Tax Information: $3,650.74 (FY24)

Additional Information:

  • Updates: bathroom, kitchen countertops/cabinets/hardware, lighting, paint.