25 Pearl Street

Marblehead, MA 01945

$800,000
Last Sold Price
5
Beds
3
Baths
2,481 Sq. Ft.
$322 / Sq. Ft.
2,481
Sq. Ft.
$322
per Sq. Ft.

Description

THIS WEEK - Please contact listing agent to set up an appointment for a showing on 9/24/2020 (Thursday) between 10:30am and 12:30pm. Three family (two 2BRs, one 1BR) on desirable downtown Marblehead back street. Great location, 1/2 mile or less to Crosby’ Market, Marblehead Harbor, Redd’s Pond, shops, restaurants, and the beach. Fully rented, all tenants TAW at below current market rents, with significant upside. Includes, potentially expandable three car off street parking, individually metered...THIS WEEK - Please contact listing agent to set up an appointment for a showing on 9/24/2020 (Thursday) between 10:30am and 12:30pm. Three family (two 2BRs, one 1BR) on desirable downtown Marblehead back street. Great location, 1/2 mile or less to Crosby’ Market, Marblehead Harbor, Redd’s Pond, shops, restaurants, and the beach. Fully rented, all tenants TAW at below current market rents, with significant upside. Includes, potentially expandable three car off street parking, individually metered electricity, and hot water. Two heating systems serving 3 units. Multiple opportunities for income generation through traditional leasing or shorter term scenarios. Request showings for Qualified Buyers with 48 Hour NOTICE.
  1. Listed by Brian Skidmore • Sagan Harborside Sotheby's International Realty

Property Details for 25 Pearl Street

Town
Marblehead
MLS Area
Old Town
Area
MA-Marblehead-Old Town, MA-Marblehead
Garage Spaces
0
Parking Spaces
3.00
Parking Spaces Total
3

Location

Listing Courtesy of Sagan Harborside Sotheby's International Realty, Brian Skidmore

Sold By Compass, Bill Willis

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LISTING UPDATED: 08/06/2022 07:31 AM

Property Details for 25 Pearl Street

StatusSold
MLS #72730633
Days on Market17
Taxes$7,406 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1850
CountyEssex County

Location

Listing Courtesy of Sagan Harborside Sotheby's International Realty, Brian Skidmore

Sold By Compass, Bill Willis

Add your commute

Building Information for 25 Pearl Street

Stories6Residences3Year Built1850Building Size-Lot Size0.10 AC / 4,486 SF

Payment Calculator

$4,983 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,366

Property Taxes

$617

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25 Pearl Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Conservation Area, University
  • Current Financing: Cash
  • Living Area: 2481.0
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl
  • Window Features: Storm Window(s)
Exterior Features
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers, Individually Metered
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Washers & Dryers and Refrigerators owned by Tenants. The Dining room chandelier in the second floor unit is owned by the tenant.
Tax Information
  • Tax ID: 2026276
  • Assessments: $712,800
  • Book: 36346
  • Tax Year: 2020
  • Zoning: CR
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Zones: 3
  • Heat Units: 3
  • Heat Zones: 3
Income / Expenses
  • Electricity: $.00
  • GOI: $37,800.00
  • Gross Scheduled Income: $.00
  • HTE: $0
  • RFS: $0
  • NOI: $37,800.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 3
  • Lease U3: N
  • Levels U3: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,950.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 1.5

Property History for 25 Pearl Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25 Pearl Street

Taxable ValueLand$735,700Additions$221,400Total$957,100
Tax Record2024$8,576 ($715 / month)
Home Facts
Baths3Total Finished SqFt2,482 SqFtAbove Grade Finished SqFt2,482 SqFtUnfinished Basement SqFt976 SqFtStories2Lot Size4,481 SqFtStyleTriplexYear Built1850ZoningCRCountyESSEXAPNMARB M:0150 B:0074 L:0

Schools near 25 Pearl Street

This home is within Marblehead School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 7 to 8
Public - 9 to 12
Public - 1 to 2
Rating
School
Distance
Elbridge Gerry
PublicK to 1

Marblehead Veterans Middle School
Public7 to 8

Marblehead High School
Public9 to 12

L H Coffin
Public1 to 2

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Sagan Harborside Sotheby's International Realty, Brian Skidmore

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.