Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 111 Main Street in Peabody, Massachusetts (the “Property”). Situated in an incredible high-density, urban-infill residential neighborhood, the location is convenient to area schools, restaurants and bars, area shopping, entertainment venues and is 1.5-miles from Salem Station with service on the Newbury/Rockport Line (MBTA Commuter Rail and Bus Station) and Downtown Salem. 111 Main Street consists of two (2) desirable, three-story buildings and contains a total of twenty-one (21) residential units comprised of a three-family property (front building) consisting of three (3), 3-Bedroom/1- Bathroom units and an 18-unit building (rear building) with eighteen (18) Studio units. The properties feature 10,152 square feet of living area on a 0.30-acre parcel with twelve (12) on-site parking spaces. The well-maintained Property has received significant capital investment improvements since acquisition including a new parking lot, renovated common areas, exterior updates (painting, siding, shutters), new mechanicals (both buildings), and renovations to most of the unit interiors. The front building is separately metered for electricity, heat and hot water, which the Tenants pay directly. The rear building is separately metered for electricity and the landlord is responsible for common area electric, heat and hot water. The Landlord is also responsible for domestic water and sewer. Additionally, both buildings are fully-sprinklered. 111 Main Street offers the opportunity to acquire a well-maintained, fully leased, turnkey investment Property in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Peabody submarket continues to accelerate thanks to continued commercial and infrastructure development in Peabody and the surrounding areas and rents are expected to rise over the coming years.