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Maggie Li

I'm Maggie Li, a Newton, MA real estate agent serving first-time buyers, luxury clients and sellers across Greater Boston in English & Mandarin. Let's find your home.

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  • 1229 Centre Street, Newton Centre, MA, USA
  • (774) 222-0952
  • lyx0402@gmail.com

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William Raveis

© 2026 Maggie Li. All rights reserved.
Equal Housing Opportunity. Information deemed reliable but not guaranteed.

  1. Home
  2. Listings
  3. 48 Franklin St, Peabody, MA 01960
Active
8 Days on market
48 Franklin St Peabody — Photo 1 of 35

48 Franklin St Peabody — Photo 1 of 35

$849,900

48 Franklin St, Peabody, MA 01960

Peabody, MA 01960

Beds

4

Baths

2.5

SqFt

2,850

Style

2 Family - 2 Units Up/Down

Built

1880

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.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$298/sqft
Local Avg (Peabody)$380/sqft
22% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Peabody, MA.

Property Details

Financials

Original Price$849,900
Annual Taxes$7,021

Parking

Garage1
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
FlooringVinyl, Carpet, Laminate, Hardwood, Tile
BasementFull, Interior Entry, Sump Pump

Climate & Utilities

HeatingBaseboard, Natural Gas, Electric, Steam
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle, Rubber
FoundationStone
ZoningR2

Property & Lot

Acres0.16
SqFt Lot7,026
Lot FeaturesWooded, Cleared

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Disposal

Neighborhood

Public Transportation • Shopping • Park • Golf • Medical Facility • Laundromat

Geography

Property History

Listed
$849,900

Aug 12, 2026

MLS® 73562576

Expired
$899,900

Apr 29, 2026

MLS® 73449265

Listed
$899,900

Oct 29, 2025

MLS® 73449265

Population

54,474

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$97K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

34.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Full Peabody, MA market report ZIP 01960 market data
Listing Provided By

Listing Agent: Joyce Diliegro

Listing Office: J. Barrett & Company

MLS® Number: 73562576

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