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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 may be able to 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.

More Info

Basic Information

  • Gross Income $68,400
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:0085 B:0028

Tax Information

  • Tax Assessed Value $809,200
  • Tax Year 2025
  • Taxes$15,390

Parking

  • Parking Spaces

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms5
  • Full Bath5

Basic Information

  • List Price$2,750,000
  • MLS Number73487396
  • Modification Date03/20/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address46-48 Walnut Street
  • Building Number46-48
  • CountyEssex
  • StateMA
  • StreetWalnut Street
  • TownPeabody
  • Zip01960

Building

  • Building Area Units Square Feet
  • Construction Materials Frame, Brick
  • FoundationOther
  • Levels 5
  • Rooms15
  • Stories5
  • Units5
  • Year Built1930
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.16

Interior

  • Interior Features Living Room, Kitchen

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric 220 Volts
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 10,231
  • Lot Size Square Feet 6,839
  • Lot Size Units Acres
  • Square Feet10,231

Amenities

  • AmenitiesPublic Transportation, Park, Medical Facility, Laundromat

Legal

  • ZoningGBD

Other

  • Date Listed03/17/2026
  • Farm Land Area Units Square Feet
  • View Count8

Map Location

Driving Directions

Listed by Helena Araujo of eXp Realty

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