$2,750,000
5
Beds
5
Baths
10,231
Living Area
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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 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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Highlights
- Levels: 5
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 15
- Status: Active
- Property Class: Residential Income
- Stories: 5
- Year Built: 1930
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Additional Details
- Construction: Frame, Brick
- Foundation: Other
- Lot Features: Level
- Roof: Shingle, Rubber
- Total Number of Units: 5
- Year Built Source: Public Records
- Exclusions: Excludes Any Fixtures And Equipment Owned By Bakery Tenants.
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Gbd
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Amenities
- Community Features: Public Transportation, Park, Medical Facility, Laundromat
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Utilities
- Electric: 220 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $809,200
- Taxes: $15,390
- Tax Year: 2025
- Total Rent: $5,700
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