About this home

---- OFFER DEADLINE 11/11 11AM---- A kitchen you'll want to cook in, a primary suite with its own bath and walk-in closet, and rental income to help with the mortgage. This Peabody two-family gives you compelling reasons to think beyond a single-family home. The second floor brings together the features that make everyday living more comfortable. The updated kitchen has white cabinetry, stainless steel appliances, a subway tile backsplash, and an island with seating, so whoever's cooking doesn't have to miss the conversation. Hardwood floors, wide hallways, and a bay-window living room give the home a spacious, welcoming feel. Two bedrooms and two full bathrooms include a primary suite with a double vanity and walk-in closet. There's room to gather, room to retreat, and a covered front porch when you want to take your coffee outside. Finished third-floor rooms add another level of space to explore, giving this home a footprint that's hard to appreciate from the street alone. The first-floor apartment offers two bedrooms, a generous living room with bay windows, and an eat-in kitchen. Keep it as an income-producing rental while planning your own move upstairs, or consider the entire property as an addition to your investment portfolio. Renovations completed in 2017-2018, central air, in-unit laundry, and off-street parking for approximately six vehicles add everyday convenience. If you've been searching for a multifamily where the space you call home feels just as important as the income it can generate, put 131 Lynnfield Street on your list.

Facts and features

Schools

• J Henry Higgins Middle School

  middle · 6-8 · 0.9 mi

  5

• Peabody Veterans Memorial High School

  high · 9-12 · 2.1 mi

  3

• South Memorial Elementary School

  elementary · K-5 · 0.5 mi

  7

• St John The Baptist School

  elementary · K-8 · 1.5 mi

• Captain Samuel Brown Elementary School

  elementary · K-5 · 0.7 mi

  5

• William A Welch Elementary School

  elementary · K-5 · 1.4 mi

  4

Price history

• Nov 5, 2026 · Listed$875,000
• Sep 26, 2018 · Listing Removed$1,700
• Sep 12, 2018 · Listed For Rent$1,700
• Aug 7, 2018 · Listing Removed$1,800
• Jul 23, 2018 · Listed For Rent$1,800
• Jan 9, 2017 · Sold$450,000
• Jun 14, 2016 · Relisted$439,999
• May 29, 2016 · Listing Removed$439,999

Tax history

• 2026$9,516 tax · $1,004,900 assessed
• 2025$8,137 tax · $878,700 assessed
• 2024$8,370 tax · $917,800 assessed
• 2022$7,096 tax · $758,200 assessed
• 2021$6,189 tax · $590,000 assessed
• 2020$6,020 tax · $560,500 assessed
• 2019$5,999 tax · $544,900 assessed
• 2018$5,117 tax · $446,500 assessed

Where it is