Active

21 Days on market

48 Home Street Peabody — Photo 1 of 35

$455,000

48 Home Street, Peabody, MA 01960

Peabody, MA 01960

Investor Analysis

Beds

Baths

SqFt

864

Style

Single Family

Built

1962

This charming three-bedroom, one-bathroom ranch offers classic single-level living with incredible upside for investors, contractors, or ambitious DIY buyers. Located just minutes from vibrant Peabody amenities, this home features a practical layout, a functional eat-in kitchen, and an attached sunroom that overlooks an inground pool. While the property requires significant structural repairs, it presents a powerful opportunity to build equity and customize a classic home to your exact tastes. Agents: Kindly read all showing instructions, firm remarks and/or disclosures.

Market Value Analysis

This Property

Size (SqFt) →Price →

This Property$527/sqft

Local Avg (Peabody)$398/sqft

32% AboveMarket Average

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

Financials

Original Price$455,000

Annual Taxes$3,798

Parking

Garage0

Off-Street2

Interior Specifications

Total Rooms5

FireplacesNone

FlooringTile, Vinyl, Hardwood, Flooring - Vinyl

BasementFull, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas

CoolingCentral Air

WaterPublic

SewerPublic Sewer

Building & Exterior

ConstructionFrame

RoofShingle

FoundationConcrete Perimeter

ZoningR1

Property & Lot

Acres0.14

SqFt Lot6,268

Lot FeaturesCleared, Gentle Sloping

Amenities & Appliances

Water Heater • Range • Refrigerator

Neighborhood

Shopping • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Main,First

Living RoomKitchenPrimary BedroomBedroom 2Bedroom 3Bathroom 1

Living Room

Lvl Main,First

Flooring - Hardwood, Window(s) - Bay/Bow/Box

Kitchen

Lvl Main,First

Flooring - Vinyl, Dining Area

Primary Bedroom

Lvl Main,First

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bedroom 2

Lvl Main,First

Bedroom 3

Lvl Main,First

Closet, Flooring - Hardwood, Window(s) - Bay/Bow/Box

Bathroom 1

Lvl Main,First

Bathroom - Full, Bathroom - With Tub & Shower, Closet, Flooring - Stone/Ceramic Tile, Window(s) - Bay/Bow/Box

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

1,060 housing units permitted in the last 12 months (-11% vs the prior 12 months) — 603 in 5+ unit buildings

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

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 432 sq ft (the lesser of 900 sq ft or half the 864 sq ft principal dwelling). Lot size: 6,268 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Peabody, MA market report ZIP 01960 market data

Listing Provided By

Listing Agent: Sharon F. Power

Listing Office: Silva Realty Group, Inc.

MLS® Number: 73569241