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About this property
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.
Property details
| Units | 5 |
| Living area | 10,231 sqft |
| Lot size | 6,839 sqft |
| Year built | 1930 |
| Price / sqft | $269 |
| County | Essex |
| MLS # | 73487396 |
Listing status
| Days on market | 4 days |
| Listed on | March 16, 2026 |
Taxes & financials
| Annual property tax | $15,391 |
| Tax year | 2025 |
| Assessed value | $809,200 |
| Zoning | GBD |
| Gross income (actual) | $68,400/yr |
| Net operating income (actual) | $68,400/yr |
| Total actual rent | $5,700/mo |
Building & lot
| Stories | 5 |
| Total rooms | 15 |
| Lot size | 0.16 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Other |
| Roof | Shingle, Rubber |
| Construction | Frame, Brick |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
Listing courtesy of eXp Realty — Helena Araujo. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 46-48 Walnut St, Peabody MA 01960 have?
It is a 5-unit multi-family property with 10,231 sqft of living area, built in 1930.
How long has 46-48 Walnut St, Peabody MA 01960 been on the market?
46-48 Walnut St, Peabody MA 01960 has been listed for 4 days (since March 16, 2026).
What are the property taxes on 46-48 Walnut St, Peabody MA 01960?
Annual property taxes are $15,391 (2025), on an assessed value of $809,200.
What is the price per square foot?
At $2,750,000 for 10,231 sqft, that's about $269 per square foot.
Where is this property located?
46-48 Walnut St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.
