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Stately turn-key two-family home set on beautiful grounds with a partially fenced backyard. Recent exterior updates include new front and rear porches 2025, new roof on main building 2026 and refurbished 1st floor kitchen 2026. The first-floor unit offers five rooms, including two spacious bedrooms, eat-in kitchen with white cabinetry, granite countertops, modern appliances, and attractive wood-look laminate flooring. The dining room showcases a charming built-in china cabinet, while hardwood floors run throughout the remaining living areas. Additional features include a full bathroom, convenient laundry hookups off the kitchen, fresh interior paint, and move-in-ready condition.?The second-floor unit spans two levels and offers eight rooms with five bedrooms, providing plenty of living space. The main level features an eat-in kitchen with a skylight, new wood-like laminate flooring, a separate laundry room, dining room with a built-in china cabinet, and an open-concept living room complete with a cozy cast-iron stove. A full bathroom completes this level. The upper level includes three additional bedrooms, a half bath, a hallway ceiling fan, wood-look laminate flooring in one bedroom, and carpeting in the other two bedrooms. The heating system burner was replaced in 2014.?Conveniently located near downtown Peabody, major highways, shopping, restaurants, and local amenities, this well-maintained property is an excellent opportunity for owner-occupants or investors alike.

More Info

Basic Information

  • Listing Terms Contract
  • Lot Features Wooded, Cleared
  • Mls StatusNew
  • Parcel Number M:0084 B:0190,2105743
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $758,200
  • Tax Year 2025
  • Taxes$7,021

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Shared Driveway, Off Street, Paved
  • Parking Spaces6

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 2.5
  • Bedrooms4
  • Full Bath2
  • Half Baths1

Basic Information

  • List Price$849,900
  • MLS Number73562576
  • Modification Date08/13/2026
  • Property SubType2 Family - 2 Units Up/Down

Location

  • Address48 Franklin Street
  • Building Number48
  • CountyEssex
  • StateMA
  • StreetFranklin Street
  • TownPeabody
  • Zip01960

Building

  • BasementFull, Interior Entry, Sump Pump
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces1
  • Levels 3
  • Patio And Porch Features Porch
  • Rooms13
  • Stories3
  • Units2
  • Utilities For Gas Range, For Electric Dryer, Washer Hookup
  • Window Features Box/Bay/Bow Window(s), Skylight(s), Insulated Windows
  • Year Built1880
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.16

Interior

  • Flooring Vinyl, Carpet, Laminate, Hardwood, Tile
  • Interior Features
    • Bathroom With Tub & Shower
    • Ceiling Fan(s)
    • Dining Room
    • Kitchen
    • Laundry Room
    • Living Room
    • Other
    • Stone/Granite/Solid Counters

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle, Rubber

Utilities

  • Electric Circuit Breakers
  • Heat SystemYes
  • Heating Baseboard, Natural Gas, Electric, Steam
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,850
  • Lot Size Square Feet 7,026
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,850
  • View YN Yes

Amenities

  • Amenities
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Disposal
  • Other AmenitiesBasement, Golf

Other

  • Date Listed08/12/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Joyce Diliegro of J. Barrett & Company

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