46-48 Walnut St Peabody — Photo 1 of 25
$2,750,000
Investment Analysis — 46-48 Walnut St
Peabody, MA 01960
Based on rent reported on the MLS listing, a 5-unit multi-family in 01960 carries $5,700/mo in gross rent — about a 1.33% cap rate and $36,593/yr in estimated NOI at the $2,750,000 list price. Adjust every assumption in the calculator below.
Beds
5
Baths
5
SqFt
10,231
Style
5+ Family - 5+ Units Up/Down
Built
1930
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.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Park • Medical Facility • Laundromat
Geography
Property History
$2,750,000
Mar 16, 2026
MLS® 73487396
$2,900,000
Mar 5, 2026
MLS® 73442456
$2,900,000
Mar 5, 2026
MLS® 73426593
$2,900,000
Oct 10, 2025
MLS® 73442456
$2,900,000
Sep 5, 2025
MLS® 73426593
Listing Agent: Helena Araujo
Listing Office: CAP Select Realty
MLS® Number: 73487396