46-48 Walnut St, Peabody MA 01960
Peabody, MA 01960
$2,750,000
Est. $15,388/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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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 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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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Mar 17, 2026
$2,750,000
Original listing
Agent: Helena Araujo
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 03/17/2026 | 🏠 Listed for Sale | $2,750,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $15,391 | — |
Financial Details
Annual Property Tax
$15,391
Tax Year 2025
Facts & Features
Home Facts
Type
Commercial Sale
Year Built
1930
Living Area
10,231 sq ft
Lot Size
0.16 acres
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Features
None
Utilities
Electric
None
Water
None
Sewer
None
Gas
None
Other
None
Financial
Annual Tax
$15,391
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
Subject To Right Of Way And Easements For Light And Air As Noted In The Deed. Floor Plan Shown In Photos Depicts Only The First-floor Unit, Not The Bakery Or The Other Four Residential Apartments. Listing Agent Is Related To Seller.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Documents
None
County
Essex
Property Overview
Listing Type
For Sale
Year Built
1930
Living Area
10,231 sq ft
Floor Layout
Interactive room guide
Floor Layout
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1930
Structure Type:
Exterior Materials:
Roof:
Foundation:
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:
Parking & Garage
Parking Features:
Nearby Schools
School District
Peabody School District local
C-
School Safety
2024-25
2.1%
Average
1.9%
Suspensions
1.7%
In-School
0.2%
Emergency
3.4% below state avg
Elementary Schools
10 schools
Covenant Christian Academy
4.2 mi
Grades PK-12
The Recreational Education Center, LLC
4.2 mi
Grades PK-12
F
Peabody Personalized Remote Education Program (Peabody P.R.E.P.)
5.5 mi
|
#345 of 346
|
Score: 14.4
Improved 33 spots from last year
-43.8 below state avg
117 students
Diverse
Rising School
Diverse Student Body
Grades K-12
C
Thomas Carroll School
0.5 mi
|
#605 of 825
|
Score: 40.6
Improved 134 spots from last year
-17.6 below state avg
562 students
Diverse
Rising School
Diverse Student Body
Grades PK-05
C
William A Welch Sr School
0.7 mi
|
#661 of 825
|
Score: 37.8
Improved 129 spots from last year
-20.4 below state avg
400 students
Diverse
Rising School
Grades K-05
C-
Center School
1.1 mi
|
#687 of 825
|
Score: 36.5
Dropped 307 spots from last year
-21.7 below state avg
281 students
Diverse
Diverse Student Body
Grades PK-05
B+
South Memorial School
1.5 mi
|
#271 of 825
|
Score: 51.7
Improved 234 spots from last year
-6.5 below state avg
446 students
Moderate
Rising School
Grades PK-05
B-
Captain Samuel Brown School
1.9 mi
|
#493 of 825
|
Score: 44.9
Improved 28 spots from last year
-13.3 below state avg
375 students
Diverse
Rising School
Grades K-05
C
John E. McCarthy School
4.1 mi
|
#614 of 825
|
Score: 39.9
Dropped 36 spots from last year
-18.3 below state avg
323 students
Diverse
Diverse Student Body
Grades K-05
B+
West Memorial School
4.8 mi
|
#303 of 825
|
Score: 50.7
Improved 163 spots from last year
-7.5 below state avg
283 students
Moderate
Rising School
Grades PK-05
Middle Schools
1 school
C+
J. Henry Higgins Middle School
0.9 mi
|
#235 of 352
|
Score: 37.4
Improved 10 spots from last year
-20.8 below state avg
1,271 students
Diverse
Grades 06-08
High Schools
2 schools
Bishop Fenwick High School
0.9 mi
17 sports
• 1,390 athletes
Strong Athletics
Grades 09-12
C
Peabody Veterans Memorial High School
2.9 mi
|
#259 of 346
|
Score: 46.4
Same rank as last year
-11.8 below state avg
1,234 students
Diverse
19 sports
• 1,614 athletes
Career Tech Programs
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,283
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
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Current Rate
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+0.5% Rate
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
46-48 Walnut St, Peabody MA 01960
Peabody, MA 01960
Listing Information
Listing Agent
Helena Araujo
Listing Office
eXp Realty LLC
Office Phone
888-854-7493
Agent MLS ID
BB807695
Office MLS ID
AN6820
Listing Data Updated
Mar 20, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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