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126 Pleasant St

Marblehead, MA 01945
  • $1,875,000
  • STATUS: Active
  • MLS #: 73501086
Price Reduced
UPDATED: 51 min ago
$1,875,000
  • 6
    BEDS
  • 0.11
    ACRES
  • 5
    BATHS
  • 4
    1/2 BATHS
  • 5,578
    SQFT
  • $336
    $/SQFT
Type:
Multi-Family
Built:
1940
County:

School Ratings & Info

Listing courtesy of Albert Lane of Coldwell Banker Realty - Marblehead.

Description

Solid 6 unit investment property features 4 residential units and 2 commercial units . Located on Pleasant St in downtown Marblehead in the business district. The residential units are comprised of 2, 2 bedroom units and 2 one bedroom units. Separate utilities for all units with gas heating systems. Strong rental history for this building with all units. 2 Commercial units have been long term tenants. There is a common back yard and garden area. A well maintained property with recent work done to exterior, brick and electric.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-06-09T16:04:38.403.
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126 Pleasant St Marblehead, MA 01945

  • Price: $1,875,000
  • Status: Active
  • On Site: Days
  • Updated: 51 min ago
  • MLS #: 73501086
6
Beds
5
Baths
4
½ Baths
0.11
Acres
5,578
SQFT
$336
$/SQFT
1940
Built
County:
Essex
Property Description
Solid 6 unit investment property features 4 residential units and 2 commercial units . Located on Pleasant St in downtown Marblehead in the business district. The residential units are comprised of 2, 2 bedroom units and 2 one bedroom units. Separate utilities for all units with gas heating systems. Strong rental history for this building with all units. 2 Commercial units have been long term tenants. There is a common back yard and garden area. A well maintained property with recent work done to exterior, brick and electric.
Exterior Features

Construction Materials FrameBrick Covered Spaces 0 Exterior Features Balcony/DeckGarden Garage YN No Levels 4 Open Parking YN Yes Parking Features Paved Drive Parking Total 0 Patio And Porch Features Deck - Wood Road Frontage Type Public Roof ShingleRubber Spa YN No Waterfront Features 3/10 to 1/2 Mile To BeachBeach Ownership(Public) Waterfront YN No

Interior Features

Basement PartialWalk-Out Access Building Area Total 5578 Fireplace Features Wood Burning Fireplace YN Yes Fireplaces Total 2 Flooring Wood Foundation Details Concrete Perimeter Interior Features Living RoomKitchen Lead Paint Unknown Rooms Total 18

Property Features

Community Features Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHouse of WorshipMarinaPrivate SchoolPublic SchoolUniversity Disclosures Please allow a minimum of 24 hour notice to schedule appointments Electric Circuit Breakers Gross Income 126300 Home Warranty YN No Insurance Expense 9000 Net Operating Income 106300 Operating Expense 20000 Property Sub Type 5+ Family - 5+ Units Up/Down Senior Community YN No Sewer Public Sewer Tax Annual Amount 9889.14 Tax Year 2026 Total Actual Rent 10525 Water Sewer Expense 2000 Water Source Public Year Built Details Approximate Year Round Yes Zoning B1

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Albert Lane of Coldwell Banker Realty - Marblehead: 781-631-9511.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2026-06-09T16:04:38.403.
 
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Listing courtesy of Albert Lane of Coldwell Banker Realty - Marblehead.