48 Franklin St, Peabody MA 01960

Peabody, MA 01960
$849,900
Est. $5,083/month
4
Beds
2.5
Baths
2,850
Sq Ft
$298
Price/Sq Ft
0.16
Acres
1880
Year Built
1
Garage Space
13 hours 3 minutes
Time on Market
For Sale Open House Listed Aug 12, 2026 • MLS# 73562576 Copied! • Updated Aug 12, 2026

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Open House Schedule

15
Aug
Saturday, August 15
11:00 AM - 1:00 PM EDT
14
Aug
Friday, August 14
5:00 PM - 6:30 PM EDT
16
Aug
Sunday, August 16
11:00 AM - 1:00 PM EDT

About this home

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.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Aug 12, 2026
$849,900
Original listing
Agent: Joyce Diliegro Office: J. Barrett & Company

Tax History

Year Taxes Assessment
2025 $7,021 $758,200

Financial Details

Annual Property Tax
$7,021
Tax Year 2025
Assessed Value
$758,200

Facts & Features

1 Car Garage

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 2,850 sq ft
Lot Size 0.16 acres
Stories 3
Bedrooms 4
Full Baths 2
Half Baths 1
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent — · N
Heating Baseboard, Natural Gas, Electric, Steam
Cooling None
Flooring Vinyl, Carpet, Laminate, Hardwood, Tile
Appliances Range, Dishwasher, Microwave, Refrigerator, Disposal
Fireplace None
Basement Full, Interior Entry, Sump Pump
Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Features Stone/granite/solid Counters, Bathroom With Tub & Shower, Ceiling Fan(s), Other, Living Room, Dining Room, Kitchen, Laundry Room
Construction Frame
Architecture None
Roof Shingle, Rubber
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 1
Has Garage Yes
Features Paved Drive, Shared Driveway, Off Street, Paved
Total Spaces 6
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,021
Assessed Value $758,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures 2nd Floor Kitchen Does Not Have Heat. Cast Iron Gas Stove Heater On 2nd Floor. Electric Baseboard Heat In Second Floor Bedrooms.
Possession None
Accepted Financing Contract
Structure Type []
House Color Yellow
Sq Ft Source Public Record
Documents None
County Essex

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
4
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,850 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl, Carpet, Laminate, Hardwood, Tile
Appliances: Range, Dishwasher, Microwave, Refrigerator, Disposal
Interior Features: Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Ceiling Fan(s), Other, Living Room, Dining Room, Kitchen, Laundry Room
Windows: Box/Bay/Bow Window(s), Skylight(s), Insulated Windows
Basement: Full, Interior Entry, Sump Pump
Laundry: Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials: Frame
Roof: Shingle, Rubber
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Electric, Steam
Heating Zones: 2
Cooling: None
Hot Water: Natural Gas, Tank
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Wooded, Cleared
Road Surface: Paved

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 6
Parking Features: Paved Drive, Shared Driveway, Off Street, Paved

Special Features

View: Yes
View Type: City View(s)
Community Amenities: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
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-
William A Welch Sr School
0.6 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
C-
Center School
0.6 mi | #731 of 824 | Score: 33.7
Dropped 351 spots from last year
-24.6 below state avg
123 students Diverse
Diverse Student Body
Grades PK-05
C
Thomas Carroll School
0.9 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
M

Middle Schools

3 schools
C+
J. Henry Higgins Middle School
0.4 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
1.6 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
B-
Holten Richmond Middle School
2.9 mi | #183 of 352 | Score: 42.0
Dropped 12 spots from last year
-16.2 below state avg
745 students Moderate
Grades 06-08
H

High Schools

3 schools
Bishop Fenwick High School
1.3 mi
17 sports • 1,390 athletes
Strong Athletics
Grades 09-12
B
Salem High School
1.8 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
B+
Salem Academy Charter School
2.4 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
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Monthly Payment Breakdown

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Property Tax $585
Homeowners Insurance $200
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Payment Over Time

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Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location

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Neighborhood

48 Franklin St, Peabody MA 01960

Peabody, MA 01960

Listing Information

Listing Agent Joyce Diliegro
Listing Office J. Barrett & Company
Office Phone 978-468-0046
Agent MLS ID B7000029
Office MLS ID C95243
Listing Data Updated Aug 12, 2026 12:32 PM EDT
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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