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46-48 Walnut St, Peabody MA 01960

$2,750,000

Estimated $5,742/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $550,000

Total Rent: 68400/year

Estimated CAP Rate:

5 Bedrooms

Baths

10231

Total Parking: 0

6,839 (0.16)

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.

This home has been viewed 8 times

Last Checked: March 17th, 2026 at 8:28am (Source: MLS PIN #73487396)

Gross Income: $68,400

Gross Expenses: $15,390

Net Income Calc: $53,010

Water Views

Annual Expenses for 46-48 Walnut St, Peabody MA 01960

Total Gross Expenses (Calculated)$15,390/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax15390.98

Annual Income & Unit Breakdown for 46-48 Walnut St, Peabody MA 01960

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 46-48 Walnut St, Peabody MA 01960

Listing ID73487396

Property TypeMulti Family

Price2750000 ($268.79/SqFt)

Style5+ Family - 5+ Units Up/down

CityPeabody

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total10231

Approximate Lot Size (Acres)0.16

Total Parking0

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningGBD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 46-48 Walnut St, Peabody MA 01960

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWasher And Dryer Are Not Included

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 46-48 Walnut St, Peabody MA 01960

Real Estate Taxes15390.98

Tax Year2025

Assessed Value$809,200

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 46-48 Walnut St, Peabody MA 01960

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 46-48 Walnut St, Peabody MA 01960

Agent

Name: Helena Araujo

Office

Name: eXp Realty

Phone: 888-854-7493

Payment Calculator

, Interest

Property Taxes 1282.58

Principal & Interest 16944.63

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty

Helena Araujo

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 46-48 Walnut St, Peabody MA 01960
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EXIT

22 More Photos

Active

46-48 Walnut St, Peabody MA 01960

$2,750,000

Annual Expenses for 46-48 Walnut St, Peabody MA 01960

Annual Income & Unit Breakdown for 46-48 Walnut St, Peabody MA 01960

General Information for 46-48 Walnut St, Peabody MA 01960

Disclosures for 46-48 Walnut St, Peabody MA 01960

Financial Information for 46-48 Walnut St, Peabody MA 01960

Location Information for 46-48 Walnut St, Peabody MA 01960

Contact Information for 46-48 Walnut St, Peabody MA 01960

Agent

Office

Payment Calculator

Exclusive Listing Agent

eXp Realty

Helena Araujo