HomePeabody2 Family - 2 Units Up/Down48 Franklin St, Peabody MA 01960
48 Franklin St, Peabody MA 01960 — photo 1 of 351 / 35
$849,900
48 Franklin St, Peabody MA 01960
2 units · 4 bd · 3 ba · 2,850 sqft · $424,950/unit
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Signal Score pending — we haven't seeded market rents for this ZIP (01960) yet.

About this property

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.

Property details

Units2
Living area2,850 sqft
Lot size7,026 sqft
Year built1880
Price / sqft$298
CountyEssex
MLS #73562576

Listing status

Days on market0 days
Listed onAugust 12, 2026

Taxes & financials

Annual property tax$7,021
Tax year2025
Assessed value$758,200
ZoningR2
Total actual rent$0/mo

Building & lot

Stories3
Total rooms13
Lot size0.16 acres
Garage spaces1
Parking spaces6
ParkingPaved Drive, Shared Driveway, Off Street, Paved
BasementFull, Interior Entry, Sump Pump
FoundationStone
RoofShingle, Rubber
ConstructionFrame
FlooringVinyl, Carpet, Laminate, Hardwood, Tile

Utilities & systems

HeatingBaseboard, Natural Gas, Electric, Steam
CoolingNone
SewerPublic Sewer
WaterPublic
Utilitiesfor Gas Range, for Electric Dryer, Washer Hookup
AppliancesRange, Dishwasher, Microwave, Refrigerator, Disposal

Location

More about investing in Peabody

Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 48 Franklin St, Peabody MA 01960 have?

It is a 2-unit multi-family property with 2,850 sqft of living area, built in 1880.

How long has 48 Franklin St, Peabody MA 01960 been on the market?

48 Franklin St, Peabody MA 01960 has been listed for 0 days (since August 12, 2026).

What is the price per unit?

At a list price of $849,900 across 2 units, that works out to roughly $424,950 per unit.

What are the property taxes on 48 Franklin St, Peabody MA 01960?

Annual property taxes are $7,021 (2025), on an assessed value of $758,200.

What is the price per square foot?

At $849,900 for 2,850 sqft, that's about $298 per square foot.

Is there parking?

1 garage space and 6 total parking spaces (paved drive, shared driveway, off street, paved).

Where is this property located?

48 Franklin St, Peabody MA 01960 is in Peabody, Essex County, MA 01960.

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Justin Rollo, Broker Associate at Signal Real Estate
Justin RolloBroker Associate, Signal Real Estate · MA Lic. #9534264

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.

📞 978-790-4381📍 25 Braintree Hill Park, Suite 200, Braintree, MA 02184
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