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46-48 Walnut St

Peabody, MA 01960
  • $2,750,000
  • STATUS: Active
  • MLS #: 73487396
UPDATED: 57 min ago
$2,750,000
  • 5
    BEDS
  • 0.16
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 10,231
    SQFT
  • $269
    $/SQFT
Type:
Multi-Family
Built:
1930
County:

School Ratings & Info

Listing courtesy of Helena Araujo of eXp Realty.

Description

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.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-15T17:06:14.24.
www.c21revolution.com/homes/174162215
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46-48 Walnut St Peabody, MA 01960

  • Price: $2,750,000
  • Status: Active
  • On Site: Days
  • Updated: 57 min ago
  • MLS #: 73487396
5
Beds
5
Baths
0
½ Baths
0.16
Acres
10,231
SQFT
$269
$/SQFT
1930
Built
County:
Essex
Property Description
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.
Exterior Features

Construction Materials FrameBrick Covered Spaces 0 Garage YN No Levels 5 Lot Features Level Parking Total 0 Road Frontage Type Public Roof ShingleRubber Spa YN No Waterfront YN No

Interior Features

Building Area Total 10231 Fireplace YN No Fireplaces Total 0 Foundation Details Other Interior Features Living RoomKitchen Lead Paint Unknown Rooms Total 15

Property Features

Community Features Public TransportationParkMedical FacilityLaundromat Disclosures 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 unitnot the bakery or the other four residential apartments. Listing agent is related to seller. Electric 220 Volts Exclusions Excludes Any Fixtures And Equipment Owned By Bakery Tenants. Gross Income 68400 Home Warranty YN No Net Operating Income 68400 Property Sub Type 5+ Family - 5+ Units Up/Down Senior Community YN No Sewer Public Sewer Tax Annual Amount 15390.98 Tax Year 2025 Total Actual Rent 5700 Water Source Public Year Built Details Actual Zoning GBD

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Helena Araujo of eXp Realty: 888-854-7493.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-04-15T17:06:14.24.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Helena Araujo of eXp Realty.