Stately turn-key two-family home set on beautiful grounds with a partially fenced backyard. Recent exterior updates include new front and rear porches 2025, new roof on main building 2026 and refurbished 1st floor kitchen 2026. The first-floor unit offers five rooms, including two spacious bedrooms, eat-in kitchen with white cabinetry, granite countertops, modern appliances, and attractive wood-look laminate flooring. The dining room showcases a charming built-in china cabinet, while hardwood floors run throughout the remaining living areas. Additional features include a full bathroom, convenient laundry hookups off the kitchen, fresh interior paint, and move-in-ready condition.?The second-floor unit spans two levels and offers eight rooms with five bedrooms, providing plenty of living space. The main level features an eat-in kitchen with a skylight, new wood-like laminate flooring, a separate laundry room, dining room with a built-in china cabinet, and an open-concept living room complete with a cozy cast-iron stove. A full bathroom completes this level. The upper level includes three additional bedrooms, a half bath, a hallway ceiling fan, wood-look laminate flooring in one bedroom, and carpeting in the other two bedrooms. The heating system burner was replaced in 2014.?Conveniently located near downtown Peabody, major highways, shopping, restaurants, and local amenities, this well-maintained property is an excellent opportunity for owner-occupants or investors alike.
| Units | 2 |
| Living area | 2,850 sqft |
| Lot size | 7,026 sqft |
| Year built | 1880 |
| Price / sqft | $298 |
| County | Essex |
| MLS # | 73562576 |
| Days on market | 0 days |
| Listed on | August 12, 2026 |
| Annual property tax | $7,021 |
| Tax year | 2025 |
| Assessed value | $758,200 |
| Zoning | R2 |
| Total actual rent | $0/mo |
| Stories | 3 |
| Total rooms | 13 |
| Lot size | 0.16 acres |
| Garage spaces | 1 |
| Parking spaces | 6 |
| Parking | Paved Drive, Shared Driveway, Off Street, Paved |
| Basement | Full, Interior Entry, Sump Pump |
| Foundation | Stone |
| Roof | Shingle, Rubber |
| Construction | Frame |
| Flooring | Vinyl, Carpet, Laminate, Hardwood, Tile |
| Heating | Baseboard, Natural Gas, Electric, Steam |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, Dishwasher, Microwave, Refrigerator, Disposal |
More about investing in Peabody →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 2,850 sqft of living area, built in 1880.
48 Franklin St, Peabody MA 01960 has been listed for 0 days (since August 12, 2026).
At a list price of $849,900 across 2 units, that works out to roughly $424,950 per unit.
Annual property taxes are $7,021 (2025), on an assessed value of $758,200.
At $849,900 for 2,850 sqft, that's about $298 per square foot.
1 garage space and 6 total parking spaces (paved drive, shared driveway, off street, paved).
48 Franklin St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.