19
See all 19 photos
$3,750,000
Est. payment /mo
5 Beds
5 Baths
6,840 SqFt
New
46-48 Walnut St Peabody, MA 01960
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Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $548
MLS Listing ID 73442456
Bedrooms 5
Full Baths 5
Year Built 1930
Annual Tax Amount $15,390
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Exceptional mixed-use opportunity in downtown Peabody! 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.
Location
State MA
County Essex
Zoning GBD
Direction Lowell St to Central St to Walnut St
Interior
Interior Features Living Room, Kitchen
Exterior
Roof Type Shingle,Rubber
Garage No
Building
Lot Description Level
Story 5
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by eXp Realty
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