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Tannery Gardens

Tannery Gardens

Tannery Gardens
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

111 Foster St
Peabody, MA 01960
74 Units
4 Stories
1970 Year Built
$221K - $372K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Golf Course Community
  • Medical Services
  • Jogging Path
  • Elevator
  • Park
  • Shops

Affordable living in the heart of Peabody

Tannery Gardens, a four-story condominium complex built in 1970, offers 74 units of affordable housing in downtown Peabody. Located just 20 miles north of Boston, this residential building provides a foothold in a vibrant, walkable community rich with history and local charm. The utilitarian brick structure, while not architecturally remarkable, stands as a practical option for those seeking an urban lifestyle without the hefty price tag of nearby metropolitan areas.

Versatile layouts to suit various needs

Tannery Gardens offers a range of floor plans to accommodate different lifestyles and budgets. The condominium features one to three-bedroom layouts, with sizes spanning from cozy 676 square foot one-bedroom units to spacious 1,062 square foot three-bedroom apartments. One-bedroom units, priced around $270,000, provide an efficient living space with one bathroom, ideal for singles or couples. Two-bedroom units, ranging from 676 to 1,062 square feet, offer more room for families or those desiring extra space, with prices between $335,437 and $346,895. The largest three-bedroom units, approximately 1,100 square feet, are available for around $390,000, providing ample space for larger families or those who need a home office. Many units have undergone renovations, boasting modern features that enhance everyday living. Some apartments showcase granite countertops, stainless steel appliances, and recessed lighting, bringing a contemporary feel to the 1970s structure. Kitchens often feature ample cabinet space and, in some cases, brand new appliances including dishwashers and microwaves. Living areas are bright and open, with some units offering corner locations that allow for abundant natural light. In-unit laundry is a standout feature in many apartments, adding convenience to daily life. Bedrooms are generously sized, with some units featuring walk-in closets for additional storage. Bathrooms have also seen updates in many apartments, with some boasting modern fixtures and finishes. While specific views aren't mentioned, the building's location in downtown Peabody suggests that higher floor units may offer pleasant urban vistas. It's worth noting that while all units have central air conditioning, some feature wall-mounted units for additional climate control. The variety of layouts and features available at Tannery Gardens allows residents to find a space that fits their specific needs and preferences, all within an affordable price range.

Practical amenities for comfortable living

Tannery Gardens offers a selection of amenities designed to enhance residents' daily lives without driving up costs. The building is equipped with elevators, ensuring easy access to all floors for residents and visitors alike. An intercom system adds an extra layer of security and convenience for receiving guests. Parking is a valuable commodity in urban areas, and Tannery Gardens addresses this need with off-street parking for residents. Additionally, the complex offers guest parking, making it easier for friends and family to visit. This feature is particularly beneficial given the building's location in a bustling downtown area where street parking can be challenging. The condominium is professionally managed, ensuring that the property is well-maintained and that residents' needs are promptly addressed. This management extends to the building's security, with measures in place to keep residents safe. While the building doesn't offer luxury amenities like a pool or fitness center, it focuses on providing essential services that contribute to comfortable living. The presence of on-site laundry facilities in many units is a significant convenience, saving residents time and effort. It's important to note that Tannery Gardens has a no-pets policy, which may be a consideration for potential residents. However, this policy can contribute to a quieter living environment and lower maintenance costs. Overall, the amenities at Tannery Gardens are practical and focused, reflecting the building's commitment to providing affordable, comfortable living in a prime location.

A vibrant downtown with rich history and diverse offerings

Tannery Gardens is situated in the heart of Peabody Town Center, a neighborhood that exemplifies the charm of a quintessential North Shore town. This location offers residents the perfect blend of urban convenience and small-town atmosphere, all within easy reach of Boston. The neighborhood is steeped in history, which is evident in its architecture and local attractions. History buffs will appreciate the proximity to the George Peabody House Museum and the Peabody Leatherworkers Museum, both just a short walk away. These institutions offer a glimpse into the area's past and its significant role in the leather industry. For those who enjoy outdoor activities, the area boasts several parks within walking distance. Leather City Common, just a 10-minute walk from Tannery Gardens, is a popular spot for picnics and community events, including a summer concert series. Emerson Park, a 15-minute walk away, offers more extensive recreational facilities including a baseball diamond, basketball court, and even a skate park. The culinary scene in downtown Peabody is diverse and accessible. Within a short walk, residents can find a variety of dining options. The NexMex Thing, a 10-minute walk away, offers inexpensive Mexican cuisine with high ratings from locals. For those craving comfort food, Caribe Restaurant, just a 20-minute walk or short drive away, serves up affordable Caribbean dishes. Shopping needs are well-catered for in the area. Oliva's Market, less than a five-minute walk from Tannery Gardens, provides convenient access to groceries. For more extensive shopping trips, residents can take a short drive to nearby supermarkets like Shaw's or Market Basket, both about a 40-45 minute drive and approximately 2 miles away. The Peabody Institute Library, a 15-minute walk from the condominium, serves as a cultural and educational hub for the community. It offers not only a vast collection of books but also various programs and events for all ages. While the immediate area around Tannery Gardens offers plenty of amenities, residents also benefit from easy access to larger shopping centers. The Northshore Mall, about 2 miles away, features major retail stores like Macy's and Nordstrom, providing a more extensive shopping experience when needed. The neighborhood's walkability is one of its strongest assets. With a variety of services, dining options, and recreational facilities within walking distance, residents of Tannery Gardens can enjoy an active, engaged lifestyle without relying heavily on cars. This pedestrian-friendly environment contributes to a strong sense of community and makes daily errands a breeze.

Convenient transit options for local and regional travel

Tannery Gardens' location in downtown Peabody offers residents a variety of transportation options, catering to both local and long-distance travel needs. The area's transportation infrastructure supports a lifestyle that doesn't necessarily require car ownership, although having a vehicle can provide additional flexibility. For local travel, the MBTA bus system serves the area well. The Washington St Opp Dustin St bus stop is just a five-minute walk from Tannery Gardens, providing access to the Liberty Tree Mall - Central Square, Lynn via Peabody Square route. This bus line connects residents to key local destinations and nearby communities, making it easy to navigate the area without a car. For those needing to commute to Boston or other parts of the North Shore, the Salem station on the MBTA's Newburyport/Rockport Line (Purple Line) is about a five-minute drive away. This commuter rail provides regular service to Boston's North Station, offering a convenient option for those working in the city or looking to enjoy its amenities. While the immediate area around Tannery Gardens is very walkable, with many amenities within easy reach on foot, the neighborhood is also reasonably bike-friendly. The flat terrain and presence of some bike infrastructure make cycling a viable option for local trips, although dedicated bike lanes are not ubiquitous. For residents with cars, Tannery Gardens' location provides easy access to major roadways. Interstate 95 is nearby, facilitating travel throughout the region. The proximity to these major routes makes it convenient for those who need to commute by car or travel to other parts of Massachusetts and New England. Air travelers will appreciate the relatively short drive to General Edward Lawrence Logan International Airport, which is about 25 minutes away by car and approximately 14 miles from Tannery Gardens. This proximity makes both domestic and international travel quite accessible for residents. While public transit options are available, it's worth noting that the area's transit infrastructure is not as extensive as what you might find in a major city center. However, the combination of local buses, nearby commuter rail, walkable streets, and easy car access provides residents with a good range of transportation choices to suit various needs and preferences.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Parking

  • 1 Car Parking Space
  • Common or Shared Parking
  • Off-Street Parking

Pet Policy

  • Call for details about the types of pets allowed

Condo Association

  • $438 Monthly HOA Fees
  • Monthly HOA Fees Range from $373 - $438
  • Association fees include water, sewer, insurance, maintenance structure
  • Tannery Gardens Community

Building Design

  • Mid-Rise Condominium
  • Elevator

Unit Features

  • Laundry in unit
  • Washer Hookup

Unit Information

Unit
416
Beds
2 Beds
Baths
1 Bath
Sq Ft
953
Price
$430,000
Price / Sq Ft
$451 / Sq Ft
List Date
04/24/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
676 - 817
Est. Values
$257,099 - $321,125
2 Bedroom Units
Sq Ft Range
676 - 7,039
Est. Values
$220,936 - $370,069
3 Bedroom Units
Sq Ft Range
1,054
Est. Values
$372,111
All Units
Sq Ft Range
676 - 7,039
Est. Values
$220,936 - $372,111

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Bikeable

Bike Score®

55 / 100

Very Walkable

Walk Score®

86 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

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Air Pollution®

N/A / 10

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Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$234K - $330K
Range of Taxes in Building
$2,162 - $3,058
Range of Taxes per Sq Ft
$2.78 - $3.20

Property Tax History

Source: Public Records

Building Team

Property Management
Crownshield - Tannery Gardens
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.