Homes for sale - 46-48 Walnut St, Peabody, MA 01960

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Sheena Ruggirello

sheena.ruggirellos@gmail.com +1(860) 222-4734

$2,900,000

Est. payment - /mo

5 Beds

5 Baths

10,231 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 10,231 sqft

Price per Sqft $283

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 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.

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

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Listed by eXp Realty

Nearby School & Business

SCHOOLS PROPERTIES

Elementary Schools 20

6

Edward a Sisson

Public | KG - 5
6

Great Oak Elementary School

Public | KG - 5
6

Center Elementary School

Public | KG - 5
5

South Memorial Elementary School

Public | PK - 5
5

William A. Welch Elementary School

Public | PK - 5
5

Riverside Elementary School

Public | KG - 5
5

Witchcraft Heights

Public | KG - 5
5

Thomas Carroll Elementary School

Public | KG - 5
5

Bates

Public | KG - 5
5

Saltonstall School

Public | KG - 8
5

Carlton

Public | KG - 5
5

Ayers/Ryal Side School

Public | KG - 5
4

Horace Mann Laboratory

Public | KG - 5
3

Highlands Elementary School

Public | KG - 5
3

Captain Samuel Brown Elementary School

Public | KG - 5
2

Nathaniel Bowditch

Public | KG - 8
0

North Shore Christian School

Private | PK - 8
0

St Mary of the Annunciation School

Private | PK - 8
0

St John the Baptist School

Private | PK - 8
0

Childrens Montessori Center

Private | PK - KG

Middle Schools 5

6

Salem Academy Charter School

Public | 6 - 12
5

Holten Richmond Middle School

Public | 6 - 8
5

Briscoe Middle School

Public | 6 - 8
4

Pickering Middle School

Public | 6 - 8
4

Collins Middle School

Public | 6 - 8

High Schools 5

4

Beverly High School

Public | 9 - 12
3

Salem High School

Public | 9 - 12
0

Bishop Fenwick High School

Private | 9 - 12
0

Salem Community Charter School

Public | 9 - 12
0

Salem Preparatory High School

Public | 9 - 12

School and business data provided by Attom Data.

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Sheena Ruggirello

+1(860) 222-4734

Agent | License ID: CN234452

Agent License ID: CN234452

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46-48 Walnut St Peabody, MA 01960

Sheena Ruggirello

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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