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$3,750,000
Total Beds: 5 Total Baths: 5
Total Units: 5 SQFT: 6840
LOT size: 0.16 Acres
46-48 Walnut St
Peabody, MA 01960
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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 can 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. Neighboring commercial property is also on the market, creating a unique chance to expand and enhance future value.

Property Details

Building Information

  • Total Units: 5
  • Total Floors: 5
  • Total Bedrooms: 5
  • Total Full Baths: 5
  • Common Rooms: Kitchen, Living Room

Financial

  • APOD Available: No

Utilities

  • Electric Info: 220 Volts, At Street
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 2
  • Levels: 1

Unit 4 Description

  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1930
  • Type: 5+ Family - 5+ Units Up/Down
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Other (See Remarks)
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73442456
  • Last Updated: 10/15/25

Mortgage Calculator

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Map

Seller's Representative: Helena Araujo, eXp Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-10-15 09:16:00