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Peabody, MA · Essex County
Property Management in Peabody, MA
Full-service management for Peabody rental owners: tenant placement, rent collection, maintenance and accounting for single-family homes, condos, 2-4 family homes and small commercial space.
Current tenant? Pay rent or request maintenance in the tenant portal
The Peabody rental market
Renting Out a Property in Peabody
Route 128, I-95 and Route 1 all run through Peabody, which makes it one of the easiest places on the North Shore to get around by car. The Northshore Mall and the businesses along Route 1 and Route 128 keep the city busy, and downtown Salem is right next door.
It is also a car-first city. A 2018 city transit study called Peabody the largest municipality inside Route 495 without a direct commuter rail or rapid transit connection. The nearest train is Salem station, about two miles east of Peabody Square, reached by MBTA bus. For Peabody renters, a driveway or garage and quick highway access usually matter more than a walk to the T.
The housing ranges from older multi-family homes around Peabody Square to the single-family neighborhoods of West Peabody, plus condo communities near the highways. Each draws a different renter, and we market and manage each one accordingly.
Services
What We Handle for Peabody Owners
One team for the tenant, the rent, the repairs and the books.
Tenant placement & leasing
Most Peabody renters drive, so a listing should be clear about parking, storage and the commute via Route 128 or Route 1. We market the property, screen applicants and prepare the lease. Tenant placement and leasing services
Rent collection
Rent is collected and reconciled every month in Buildium, so you can see what came in and what went out. How our rent collection works
Maintenance & repairs
From driveways and parking areas to heating systems and roofs, we handle service requests, repairs and renovations, plus snow and grass, through our network of contractors, plumbers, painters and handymen. Property maintenance and repairs
Accounting & reporting
Monthly owner statements, expense tracking and bill pay, and year-end 1099s and tax-ready reports, overseen by a founder with a CPA background. Rental property accounting
Good to know
What Peabody Landlords Should Know
A few rules and local realities that come up with Peabody rentals.
Buying a rental with tenants in place
When a rental changes hands, the seller must transfer the tenants’ security deposits and last month’s rent, with interest, to the new owner, and the new owner must notify the tenants in writing within 45 days. If you are buying a Peabody rental with tenants in place, settle the deposit transfer at closing.
Heat from September 15 to June 15
The State Sanitary Code requires heat of at least 68 degrees from 7 a.m. to 11 p.m. and 64 degrees overnight during the heating season, and no more than 78 degrees. If you supply the heat in a multi-family, plan boiler or furnace service before mid-September.
Broker fees since August 1, 2025
Massachusetts now requires the party who hires a broker to pay the broker’s fee. If you hire someone to market and lease your Peabody unit, that cost is yours and cannot be passed on to the tenant.
General information only, not legal advice. Sources on mass.gov: security deposit rules, heating season guidance, broker fee FAQ.
Nearby
Nearby Towns We Serve
Own rentals in more than one town? We manage across Metro North and the North Shore.
FAQ
Peabody Property Management FAQ
Do you manage rentals in West Peabody?
Yes. We serve owners throughout Peabody, including Peabody Square, South Peabody and West Peabody.
I am buying a Peabody rental with tenants. What should I know?
Massachusetts requires the seller to transfer the tenants’ security deposits and last month’s rent, with interest, and the new owner to notify the tenants in writing within 45 days. Call us before closing and we can talk through the handoff.
How do Peabody tenants request repairs?
Tenants log in to our Buildium tenant portal, where maintenance and service requests are tracked until the work is done. They can also pay rent online there.
How do I get started?
Call (617) 819-2485 or request a free rental analysis through our contact form, and tell us a little about your Peabody property.
Own a Rental in Peabody?
Request a free rental analysis and our team will be in touch.