Off Market

46-48 Walnut St, Peabody, MA

Peabody · MA 01960

$2,900,000
Price
5
Beds
5
Baths
10231
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1930
Units: 5 Units
Lot size: 6,839 Sq.Ft Lot
Price per square foot: $283 / Sq.Ft
Parking: No Parking

About this home

Exceptional mixed-use opportunity in Peabody's downtown district! 46?48 Walnut St features two commercial units on the first floor, one currently used as a residential apartment (to be delivered vacant) and a bakery currently leased. At the buyer?s request, the seller can terminate the bakery lease, giving the option to assume the space or re-lease it. The second and third floors include 4 - 1 BR residential units with strong rental demand and short-term leases for flexibility. Prime location with excellent visibility near shopping, dining, and major routes. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.

Neighborhood & Transit

46-48 Walnut St, Peabody · MA 01960

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
302 days
Listing Price:
$2,900,000
Price per Sq.Ft:
$283
Tax Assessment:
$809,200 in 2025
Taxes:
$1,283 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
0
Living Area
10,231 Sq.Ft
Broker Disclosure about Living Area
Measurements are approximate. Buyer and agent to perform due diligence.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
10231
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
220 Volts

Exterior Features

Lot Size
6,839 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Vinyl, Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Helena Araujo
Listing office
eXp Realty LLC
MLS PIN #
73442456
Disclosure
Subject to right of way and easements for light and air as noted in the deed. Floor plan shown in photos depicts only the first-floor unit, not the bakery or the other four residential apartments. Listing agent is related to seller.
Disclosure
Measurements are approximate. Buyer and agent to perform due diligence.