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$1,100,000
Total Beds: 3 Total Baths: 2
Total Units: 2 SQFT: 2400
LOT size: 0.16 Acres
98 Foster St
Peabody, MA 01960
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Property Description

Exceptionally well maintained mixed-use property features a high-traffic successful retail/automotive first floor and a stunning 3-bedroom 2-bathroom townhouse-style residence above. The residential unit boasts a modern, updated kitchen and bath, while the massive corner lot provides a rare 20-car parking capacity—a goldmine for downtown commerce. With separate utilities and a high-exposure location, this is the definitive live-work solution or a high-yield addition to your portfolio. Auto dealer its on a NNN lease. Located minutes from I-95 and Peabody Center.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 3
  • Total Full Baths: 2
  • Amenities: Bike Path, Highway Access, Laundromat, Medical Facility, Other (See Remarks), Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, Walk/Jog Trails

Financial

  • APOD Available: No
  • Gross Operating Income: 90000
  • Gross Expenses: 3600
  • Water/Sewer: 1200
  • INSC: 2400
  • Repairs & Maintenance: 500
  • Net Operating Income: 85900

Utilities

  • Electric Info: Other (See Remarks)
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 2019
  • Construction Type: Other (See Remarks)
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73469138
  • Last Updated: 01/19/26

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Map

Seller's Representative: Jorge Rodriguez, Carlton's Wharf & Co.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-01-19 03:05:00