Group showings by appointment only Saturday, August 16th 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!
Listed by Bill Willis Jr.
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Compass
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617-549-8956
Listed by Willis + Tierney
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Compass
Last updated September 06, 2025
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Source: MLSPin #73415591
Listing Facts
TypeMulti-family
NeighborhoodMarblehead Historic District
Bedrooms5
Bathrooms3
Days on Prevu30
Taxes$9,480/year
Size2,481 sqft
Price per sqft$383
Amenities
Private Outdoor Space
Parking
Location
Mortgage Calculator
Listing History
09/03/2025
Status changed to Active
$949,000
08/23/2025
Status changed to In Contract
$949,000
08/08/2025
Listed by Compass
$949,000
Property Details for 25 Pearl Street
Exterior
Construction
Number Of Units Total: 3
Roof: Shingle
Stories: 3
Stories Total: 3
Window Features: Storm Window(s)
Year Built: 1850
Year Built Details: Approximate
Construction Materials: Frame
Exterior Features: Garden
Features
Patio And Porch Features: Porch
Road Frontage Type: Public
Waterfront Features: Harbor, 1 To 2 Mile To Beach, Beach Ownership(Public)
Measurements
Building Area Total: 2,481
Building Area Units: Square Feet
Lot Size Acres: 0.10
Lot Size Area: 0
Lot Size Square Feet: 4,486
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $51,600.00
Taxes
Parcel Number: 2026276
Tax Annual Amount: $9,480.00
Tax Assessed Value: $1,048,700.00
Tax Year: 2025
Interior
Features
Flooring: Wood, Vinyl
Measurements
Living Area: 2,481
Living Area Source: Public Record
Rooms
Basement: Full, Unfinished
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 5
Rooms Total: 13
Parking
Parking
Open Parking: Yes
Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
Parking Total: 3
Schools
Elementary School
Elementary School: Public/Private
High School
High School: Public/Private
Middle or Junior School
Middle Or Junior School: Public/Private
Utilities
Equipment
Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water Source: Public
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