$599,000 · For sale

Opportunity is knocking! This charming two-family property offers great potential for investors, contractors, or buyers looking to build sweat equity. In need of renovations and updates, this property is ready for someone with vision to bring it back to life. Each unit features in-unit laundry and gas heat. Outside, you'll find a welcoming front porch, a quaint backyard, a storage shed, and the added convenience of off-street parking for up to four vehicles. Roof and siding are newer and some windows have been replaced. Conveniently located close to downtown shopping, dining, and local amenities. Bring your ideas and unlock the possibilities this property has to offer! Schedule your private showing or stop by the open house to see the potential for yourself!
26 Franklin St is a multi-family home for sale in Peabody, MA 01960 with 2,059 square feet, asking $599,000. It was built in 1900. It has been on our site since October 29, 2026.
At $291 a square foot, it compares with a median of $420 among the 5 other multi-family homes for sale in Peabody with a stated size.
The whole property at this address is assessed at $666,100 for fiscal year 2026. The assessor lists a lot of 0.08 acres.
It scores 92 out of 100 for walkability, from how close everyday places are.
The closest train or subway stop is Salem (MBTA Newburyport/Rockport Line), about 1.8 miles away. The closest bus stop is Central St @ Walnut St (MBTA route 435), about 0.2 miles away.
The closest public schools by level are William A Welch Sr (0.5 miles), J Henry Higgins Middle (0.5 miles) and Peabody Personalized Remote Education Program (0.2 miles). The district decides which school serves an address.
Listing information from MLS Property Information Network (MLS PIN), MLS #73596602, deemed reliable but not guaranteed. Prices are compared with other homes listed on this site today. Trains and buses come from the transit agencies’ published schedules and schools from the National Center for Education Statistics. Distances are straight-line. Assessed values and past sales are public records from municipal assessors, published by MassGIS. An assessed value is set for taxation and may differ from market value.
See all Peabody homes for sale and rent, every home in Peabody by street, or browse every home for sale and neighborhood guides with Benjamin Realty.
To ask about this home or book a tour, call Benjamin Realty at (617) 734-5050 or email [email protected].