25 Pearl St Marblehead, MA 01945
Estimated payment $5,821/month
Highlights
- Wood Flooring
- Porch
- Garden
- Marblehead High School Rated A
- Storm Windows
About This Home
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!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,480
Year Built
- Built in 1850
Lot Details
- 4,486 Sq Ft Lot
- Garden
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,481 Sq Ft Home
- Property has 1 Level
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Storm Windows
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Parking
- 3 Car Parking Spaces
- Shared Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Porch
Schools
- Public/Private Elementary And Middle School
- Public/Private High School
Utilities
- 3 Heating Zones
- Separate Meters
Community Details
- 3 Units
- Net Operating Income $51,600
Listing and Financial Details
- Assessor Parcel Number 2026276
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,491 | $1,048,700 | $735,700 | $313,000 |
| 2024 | $8,576 | $957,100 | $735,700 | $221,400 |
| 2023 | $8,444 | $844,400 | $633,800 | $210,600 |
| 2022 | $8,248 | $784,000 | $565,900 | $218,100 |
| 2021 | $7,662 | $735,300 | $554,600 | $180,700 |
| 2020 | $7,406 | $712,800 | $543,300 | $169,500 |
| 2019 | $7,290 | $678,800 | $509,300 | $169,500 |
| 2018 | $6,857 | $622,200 | $452,700 | $169,500 |
| 2017 | $6,602 | $599,600 | $430,100 | $169,500 |
| 2016 | $6,153 | $554,300 | $384,800 | $169,500 |
| 2015 | $5,916 | $533,900 | $362,200 | $171,700 |
| 2014 | $5,840 | $526,600 | $362,200 | $164,400 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/29/2025 09/29/25 | Pending | -- | -- | -- | |
| 09/02/2025 09/02/25 | For Sale | $949,000 | 0.0% | $383 / Sq Ft | |
| 08/22/2025 08/22/25 | Pending | -- | -- | -- | |
| 08/08/2025 08/08/25 | For Sale | $949,000 | +18.6% | $383 / Sq Ft | |
| 11/13/2020 11/13/20 | Sold | $800,000 | -4.6% | $322 / Sq Ft | View Prior Sale |
| 10/05/2020 10/05/20 | Pending | -- | -- | -- | |
| 09/22/2020 09/22/20 | For Sale | $839,000 | +29.1% | $338 / Sq Ft | |
| 11/20/2017 11/20/17 | Sold | $650,000 | -3.7% | $262 / Sq Ft | View Prior Sale |
| 08/17/2017 08/17/17 | Pending | -- | -- | -- | |
| 08/08/2017 08/08/17 | For Sale | $675,000 | -- | $272 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $800,000 | None Available | |
| Deed | $650,000 | -- | |
| Deed | $650,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $30,000 | No Value Available |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73415591
APN: MARB-000150-000074
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The property listing data and information, or the Images, 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, 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. 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.
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