46-48 Walnut St, Peabody, MA 01960

Local realty services provided by:ERA Key Realty Services
46-48 Walnut St,Peabody, MA 01960
$2,900,000
  • 5 Beds
  • 5 Baths
  • 10,231 sq. ft.
  • Multi-family
  • Active
Listed by: helena araujo
Office: exp realty
MLS#:73442456
Source:MLSPIN

Price summary

  • Price:$2,900,000
  • Price per sq. ft.:$283.45

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.

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Home facts

  • Year built:1930
  • Listing ID #:73442456
  • Updated:November 16, 2025 at 05:51 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:10,231 sq. ft.

Structure and exterior

  • Roof:Rubber, Shingle
  • Year built:1930
  • Building area:10,231 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,900,000
  • Price per sq. ft.:$283.45
  • Tax amount:$15,390 (2025)
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