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46-48 Walnut St

Peabody, MA 01960
$2,750,000
5 Beds
5 Baths
10,231 Living Area
  • 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.
  • 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
  • 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
  • Amenities
    • Community Features: Public Transportation, Park, Medical Facility, Laundromat
  • Utilities
    • Electric: 220 Volts
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $809,200
    • Taxes: $15,390
    • Tax Year: 2025
    • Total Rent: $5,700

Location

46-48 Walnut St, Peabody, MA 01960

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