48 Franklin St, Peabody, MA 01960
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$849,900
2 Unit
7 Beds
3 Baths
2850 SQFT
0.16 Acre

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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 7
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping
  • Basement Features: Full, Interior Access, Sump Pump
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Other (See Remarks), Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Central Heat, Electric, Extra Flue, Forced Air, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard, Hot Water Radiators, Space Heater, Steam
  • Common Cooling: None

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Laminate, Tile, Vinyl, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73562576
  • Last Updated: 08/19/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/16/2026Active$849,900$298MLSPIN
08/12/2026New$849,900$298MLSPIN
04/30/2026Expired$899,900$316MLSPIN
03/04/2026Temporarily Withdrawn$899,900$316MLSPIN
12/03/2025Under Agreement$899,900$316MLSPIN
11/19/2025Contingent$899,900$316MLSPIN
11/16/2025Active$899,900$316MLSPIN
11/12/2025Back on Market$899,900$316MLSPIN
11/06/2025Contingent$899,900$316MLSPIN
11/02/2025Active$899,900$316MLSPIN
10/29/2025New$899,900$316MLSPIN

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Seller's Representative: Joyce Diliegro, J. Barrett & Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-08-19 15:24:00

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