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Lantern Residential

info@lanternresidential.com +1(617) 207-1974

$ 849,900

Est. payment -/mo

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Open Fri 5PM-6:30PM

48 Franklin St Peabody, MA 01960

4 Beds

2.5 Baths

2,850 SqFt

Open House

Fri Aug 14, 5:00pm - 6:30pm

Sat Aug 15, 11:00am - 1:00pm

Sun Aug 16, 11:00am - 1:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,850 sqft

Price per Sqft $298

MLS Listing ID 73562576

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1880

Annual Tax Amount $7,021

Tax Year 2025

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

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.

Location

State MA

County Essex

Zoning R2

Direction Lowell Street to School Street right on Franklin.

Rooms

Basement Full, Interior Entry, Sump Pump

Interior

Interior Features Stone/Granite/Solid Counters, Bathroom With Tub & Shower, Ceiling Fan(s), Other, Living Room, Dining Room, Kitchen, Laundry Room

Heating Baseboard, Natural Gas, Electric, Steam

Cooling None

Flooring Vinyl, Carpet, Laminate, Hardwood, Tile

Appliance Range, Dishwasher, Microwave, Refrigerator, Disposal

Laundry Washer & Dryer Hookup, Electric Dryer Hookup, Washer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

View Y/N Yes

View City View(s)

Roof Type Shingle,Rubber

Total Parking Spaces 7

Garage Yes

Building

Lot Description Wooded, Cleared

Story 3

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by J. Barrett & Company

NEARBY SCHOOLS & PROPERTIES

Lantern Residential

Brokerage | License ID: 423866

+1(617) 207-1974

Lantern Residential

48 Franklin St Peabody, MA 01960

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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48 Franklin St