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.
10,231 Sq Ft
6,839 Sq Ft Lot Size
investment
$15,391 Annual Tax
Built in 1930
MLS/Listing ID 73487396
5 Stories
5 Units
Shingle
Rubber
Living Room
Community - Medical Facility
Community - Public Transportation
Community - Laundromat
Lot - Level
Construction - Brick
Construction - Frame
Community - Park
TOTAL MONTHLY COST
$0
$0
$0