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25 Pearl Street, Marblehead MA 01945 – 5 bed 3 bath For Sale – 73415591

$ 949,000
25 Pearl Street, Marblehead MA 01945,

Overview

  • Updated On:
  • August 9, 2025
  • listingid
  • 73415591
  • 5 Bedrooms
  • 3 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1850

Description

Group showings Saturday, August 9th from 10:30a-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!

This property is listed by Willis + Tierney from Compass

Property Listing Details

Overview

MLS Status
Price $ 949,000
Living Area 2,481.00 ft2
Bedrooms 5
Total Rooms 13
Listing MLS ID 73415591
Days on Market 1
Bathrooms 3

Unit Information

Bedrooms 5
Full Bathrooms 3
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 3
Garage Parking 0
Water View No
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full,Unfinished
Patio And Porch Features Porch
Parking Features Paved Drive,Shared Driveway,Off Street,Paved
Waterview Features
Flooring Wood,Vinyl

Building Information

Building Name
Units in Building 3
Pets Allowed
Association Amenities
Pool Features
Waterfront Features Harbor,1 to 2 Mile To Beach,Beach Ownership(Public)
Association Fee Includes
Construction Materials Frame
Year Built 1850
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full,Unfinished
Roof Shingle

Additional Details

Community Features
Disclosures Washers,dryers and refrigerators owned by tenants. The dining room lighting fixture in second floor unit is owned by the tenant.
Last Updated August 9, 2025 at 07:30am
Building Area Source Public Records
MLS PIN Page
Parcel Number 2026276
Original List Price 949000
Listing Office compass
Tax Annual Amount 9480
Tax Assessed Value 1048700
Tax Book Number 39173
Tax Year 2025
Year Built Details Approximate
Year Built Source Public Records
Zoning 3 Fam
Listing Agent willis + tierney

Property Address

Address: 25 Pearl Street, Marblehead MA 01945
State/County:
Zip: 01945
Country: United States

Amenities and Features

Other Features
Garden
Open Parking

Payment Calculator

$ 5,437.52
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,551.79

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

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25 Pearl Street, Marblehead MA 01945 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

25 Pearl Street, Marblehead MA 01945 – 5 bed 3 bath For Sale – 73415591

$ 949,000

Status:

25 Pearl Street, Marblehead MA 01945, , , 01945

Country: United States

Property Overview

MLS #: 73415591

Type: /

Action:

Year Built: 1850 (Approximate, Source: Public Records, Effective: )

Living Area: 2,481.00 ft2 (Total: 2481 Square Feet, Source: Public Records)

Lot Size: 0.10 ft2 (Area: 0.1 Acres, SqFt: 4486)

Total Rooms: 13

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 5 (Main Level: )

Bathrooms: Total: 3 (Full: 3, Half: 0, Decimal: 3, Main Level: )

Basement: Full,Unfinished

Fireplaces: 0 ()

Flooring: Wood,Vinyl

Laundry:

Window Features: Storm Window(s)

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials: Frame

Foundation: Stone (Area: )

Roof: Shingle

Stories: 3 (3)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: Circuit Breakers,Individually Metered (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 3

Parking Features: Paved Drive,Shared Driveway,Off Street,Paved

Pool:

Spa:

Patio/Porch: Porch

Fencing:

Lot Features:

View: (, Waterview Y/N: No)

Waterfront: Harbor,1 to 2 Mile To Beach,Beach Ownership(Public)

Road Frontage: Public ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features:

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: Public/Private, M: Public/Private, H: Public/Private

Zoning: 3 Fam ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

Group showings Saturday, August 9th from 10:30a-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!

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 3

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1650, Lease: N

Unit 2: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1850, Lease: N

Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 800, Lease: N

Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 9480 (Year: 2025)

Tax Assessed Value: 1048700

Tax Block/Lot/Book/Map: / / 39173 /

Parcel Number: 2026276

Special Licenses:

Current Financing:

Gross Income: 51600 (Scheduled: )

Net Operating Income: 51600

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 4300

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Willis + Tierney (MLS ID: TM352050) / Team: C8529270

Listing Office: Compass (MLS ID: AN6818)

Agent (Property): 369593

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-08-08

Expiration Date: 1900-01-01

Original List Price: 949000

Price Per SqFt (List): 382.51

Market Time (Property): 1 (Broker: 1, Prev Broker: 0, Prev Property: 0)

MLS Status: New

Possession:

Directions: Washington Street to Pearl Street.

Disclosures: Washers,dryers and refrigerators owned by tenants. The dining room lighting fixture in second floor unit is owned by the tenant., N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag:

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 316)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2327643

Modification Timestamp: August 9, 2025 at 07:30am

Bridge Modification Timestamp: August 9, 2025 at 07:31am

Original Entry Timestamp: August 8, 2025 at 05:26pm

Status Change Timestamp: August 8, 2025 at 05:26pm

Off Market Date:

Development Status:

Business Type:

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