NOT LISTED FOR SALE

95 Front St Marblehead, MA 01945

11 Beds
8 Baths
6,584 Sq Ft
3,049 Sq Ft

Last Sold August 29, 2024

Last sale price $3,025,000 $459 Per Sq Ft

31 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • 4-minute walk to Crocker Park
  • Marblehead High School Rated A-
  • 4 Fireplaces

About This Home

As of August 2024

7-unit multifamily with direct ocean frontage on Marblehead Harbor. Well-maintained, recent improvements, and off-street parking. Excellent opportunity for owner/occupant, condo-conversion, high-end short-term furnished rentals, and more. Very rare opportunity to acquire a water front apartment building in an outstanding North Shore community. FOR ADDITIONAL INFORMATION PLEASE SEE FIRM REMARKS

Last Agent to Sell the Property

Carl Christie

Carl Christie Listed on: 03/11/2024

Last Buyer's Agent

Haley Paster Scimone

Sagan Harborside Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,276

Year Built

  • Built in 1936

Lot Details

  • 3,110 Sq Ft Lot
  • Waterfront

Parking

  • 8 Car Parking Spaces

Property Views

  • Ocean
  • Harbor
  • Scenic Vista

Home Design

  • Stone Foundation

Interior Spaces

  • 6,584 Sq Ft Home
  • 4 Fireplaces
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Outdoor Features

  • Mooring

Listing and Financial Details

  • Total Actual Rent $18,673
  • Assessor Parcel Number 2026028

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Operating Expense $72,041
  • Net Operating Income $152,039

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,276

Year Built

Built in 1936

Lot Details

3,110 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1936
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 4
  • Total Bedrooms: 11
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Basement: Full
  • Living Area: 6584
  • Spa YN: No
  • Stories Total: 10
  • MAIN LO: AN6071
  • MAIN SO: AN4471

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Waterfront, Beach Front, Ocean, Harbor, Dock/Mooring, Frontage, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 2026028
  • Zoning: 111
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3110
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 28276

Multi Family

  • Net Operating Income: 152039
  • Number Of Units Total: 7
  • Operating Expense: 72041
  • Total Actual Rent: 18673
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
  • Waterview: Dock/Mooring, Harbor, Ocean
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/29/2024 08/29/24 Sold $3,025,000 -6.9% $459 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $3,250,000 +24.0% $494 / Sq Ft
08/22/2018 08/22/18 Sold $2,620,000 -9.7% $398 / Sq Ft View Prior Sale
06/09/2018 06/09/18 Pending -- -- --
04/23/2018 04/23/18 For Sale $2,900,000 0.0% $440 / Sq Ft
11/28/2014 11/28/14 Rented $3,000 -6.3% --
10/29/2014 10/29/14 Under Contract -- -- --
08/20/2014 08/20/14 For Rent $3,200 -- --
Source: MLS Property Information Network (MLS PIN)

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 $34,652 $3,828,900 $2,113,500 $1,715,400
2024 $29,907 $3,337,800 $2,113,500 $1,224,300
2023 $27,962 $2,796,200 $1,625,800 $1,170,400
2022 $28,276 $2,687,800 $1,517,400 $1,170,400
2021 $25,974 $2,492,700 $1,322,300 $1,170,400
2020 $25,654 $2,469,100 $1,463,200 $1,005,900
2019 $25,414 $2,366,300 $1,430,700 $935,600
2018 $18,398 $1,669,500 $1,170,600 $498,900
2017 $17,760 $1,613,100 $1,121,800 $491,300
2016 $17,905 $1,613,100 $1,121,800 $491,300
2015 $18,091 $1,632,800 $1,170,600 $462,200
2014 $18,055 $1,628,000 $1,170,600 $457,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73210785

MLS Property Information Network (MLS PIN)
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