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46-48 Walnut St, Peabody MA 01960

Peabody, MA 01960
$2,750,000
Est. $15,388/month
5
Beds
5
Baths
10,231
Sq Ft
$269
Price/Sq Ft
0.16
Acres
1930
Year Built
5+ Family - 5+ Units Up/Down
Type
5 hours 57 minutes
Time on Market
Active Listed Mar 17, 2026 • MLS# 73487396 Copied!

About this home

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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Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1930
Bedrooms
5
Full Bathrooms
5
Living Area
10,231 sq ft
Total Rooms
15
Stories
5
Levels
5

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1930
Living Area 10,231 sq ft
Lot Size 0.16 acres
Bedrooms 5
Full Baths 5
Total Rooms 15

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement None
Laundry None
Features Living Room, Kitchen

Exterior

Construction Frame, Brick
Architecture None
Roof Shingle, Rubber
Features None
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Features None

Utilities

Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $15,391
Assessed Value $809,200

Interior Features

Flooring:
Appliances:
Interior Features: Living Room, Kitchen
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Year Built: 1930
Structure Type:
Exterior Materials: Frame, Brick
Roof: Shingle, Rubber
Foundation: Other
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Level
Road Surface:

Parking & Garage

Parking Features:

Location

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Neighborhood

46-48 Walnut St, Peabody MA 01960

Peabody, MA 01960

Walkability

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Nearby Schools

School District
Peabody School District local
C
✓ School Safety 2024-25
2.1% Average
1.9% Suspensions 1.7% In-School 0.2% Emergency
↓ 3.4% below state avg
E

Elementary Schools

3 schools
C
Thomas Carroll School
0.5 mi | #611 of 824 | Score: 40.2
Improved 128 spots from last year
-18 below state avg
645 students Diverse
Rising School Diverse Student Body
Grades PK-05
C-
William A Welch Sr School
0.7 mi | #666 of 824 | Score: 37.6
Improved 124 spots from last year
-20.7 below state avg
408 students Diverse
Rising School
Grades K-05
B
Witchcraft Heights School
0.7 mi | #388 of 824 | Score: 48.1
Improved 162 spots from last year
-10.1 below state avg
455 students Diverse
Rising School Diverse Student Body
Grades K-05
M

Middle Schools

2 schools
C+
J. Henry Higgins Middle School
0.9 mi | #240 of 352 | Score: 37.2
Improved 5 spots from last year
-21 below state avg
1,320 students Diverse
Grades 06-08
C+
Collins Middle School
1.3 mi | #219 of 352 | Score: 39.5
Improved 60 spots from last year
-18.7 below state avg
611 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

2 schools
Bishop Fenwick High School
0.9 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.6 mi | #144 of 346 | Score: 56.1
Dropped 24 spots from last year
-2.1 below state avg
952 students Diverse
18 sports • 1,080 athletes
Early College Program Career Tech Programs College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings
School data provided by BMN Schools

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,283
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Mar 17, 2026
$2,750,000
Original listing
Agent: Helena Araujo Office: eXp Realty

Price & Status History

Date Event Price Change
Mar 17, 2026 Sold $2,750,000 —
Mar 17, 2026 New Listing Added $2,750,000 —
Mar 6, 2026 Sold $2,900,000 —
Mar 6, 2026 Sold $2,900,000 —

Market Statistics

Time on Market
5 hours 57 minutes
Price per Sq Ft
$269

Tax History

Year Taxes Assessment
2025 $15,391 $809,200

Financial Details

Annual Property Tax
$15,391
Tax Year 2025
Assessed Value
$809,200

Listing Information

Listing Agent Helena Araujo
Listing Office eXp Realty
Agent MLS ID BB807695
Office MLS ID AN6820
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Market Analytics for Peabody, MA

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