Sold!
$815,000
5
Beds
3
Baths
2,481
Living Area
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Property Description
GROUP SHOWING BY APPOINTMENT ONLY, SATURDAY SEPTEMBER 20, 10a -12p. Located in the heart of Marblehead, this 3-family home is a fantastic investor opportunity! Fully rented with all tenants at below-market rents (tenants at will), the property includes individually metered electricity and hot water, plus two heating systems that serves all units. Ample off street parking. Multiple opportunities exist for income growth, whether through traditional long-term leasing or shorter-term rental scenarios. With solid existing occupancy and room to maximize returns, this property is an ideal choice for both seasoned investors and those looking to enter the Marblehead rental market. In close proximity to public transportation, shopping, walking paths, beaches and Marblehead Harbor!
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1850
- Parking Spots: 3
- Property Type: 3 Family
- Total Rooms: 13
- Status: Closed
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Additional Details
- Basement: Full, Unfinished
- Exterior Features: Garden
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Flooring: Wood, Vinyl
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: 3 Fam
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Amenities
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
- Waterfront Features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,048,700
- Taxes: $9,480
- Tax Year: 2025
- Total Rent: $4,300
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MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
