Remaining Homes at Peabody Crossing to be Sold at Auction

PEABODY, Mass. (April 28, 2008) – A real estate auction has been scheduled Saturday, May 17 for 20 remaining two-bedroom, two-bath condominiums at The Residences at Peabody Crossing, an upscale development on the North Shore. Minimum bids for the units start as much as 42 percent below previous asking prices.

The units, which range from 1,093 to 1,231 square feet, previously sold for up to $363,900 but will carry minimum bids of $190,000 to $220,000.

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