46 Walnut St Peabody, MA 01960
Peabody Town Center NeighborhoodEstimated payment $16,357/month
Highlights
- Living Room
- Level Lot
- 3-minute walk to Peabody Veterans Memorial Park
About This Home
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
Home Type
- Multi-Family
Est. Annual Taxes
- $15,391
Year Built
- Built in 1930
Lot Details
- 6,839 Sq Ft Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Shingle Roof
- Rubber Roof
Interior Spaces
- 10,231 Sq Ft Home
- Living Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Utilities
- 220 Volts
Community Details
- 5 Units
- Property has 1 Level
Listing and Financial Details
- Assessor Parcel Number M:0085 B:0028
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $2,900,000 | -22.7% | $283 / Sq Ft |
| 10/10/2025 10/10/25 | For Sale | $3,750,000 | -- | $367 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Deed | -- | -- |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73442456
APN: PEAB-000085-000000-000028
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