18 Watson StreetMarblehead, MA 01945MLS Number 72828736

  • Price: $1,599,000
  • Est. Mortgage of $/month
  • 41 Days on Market
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Federal 30-year interest rate: 2.93% last updated on Jun 17, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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18 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 0194518 Watson Street Marblehead MA 01945
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  • 6Bedrooms
  • 0.26Acreage
  • 6Bathrooms
  • 1900Year Built

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**6 UNIT INVESTMENT PROPERTY** Being used as 5 units. Consist of (4) -1 bed units; (1) 2+ bed units. Whether you're a buy & hold investor, developer looking to condo convert or convert back to single family, Airbnb, potential to convert to 6 units. There are 6 gas meters & 6 electrical meters in place for each unit. So much potential w/ this property w/ just over 1/4 acre of land. Property is centrally located to all that Marblehead has to offer: beaches, harbor, shops, restaurants, cafes, health & fitness studios and lots more. Current rent roll is below market w/ long term tenants at will. All separate utilities, new plumbing, heating & electrical. 12+ off-street parking including 6 garage bays. New siding, new roof, newer boilers. Phenomenal location. Seller has made lots of improvements over the past year. Seller reserves the right to reject any and all offers. Buyers to cooperate w/ sellers 1031 Exchange time-frame. Buyer and/or buyers agent to perform their own due diligence.

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Windhill Realty
Windhill Realty
Office: 978.356.8922
16 Market Street
Ipswich, MA 01938

More Info

Parking

  • Garage Spaces6
  • Parking Spaces14
  • Parking DescriptionOff-Street
  • Total Parking Spaces20

Building

  • Year Built1900
  • ConstructionFrame, Stone/Concrete
  • Bathroom6
  • Full Bath6
  • Bedrooms6
  • Total Brs6
  • Total Fbh6
  • Total Flrs10
  • Total Levels6
  • No Rooms17
  • Total Rms24
  • Total Rooms17
  • Levels3
  • Levels 12
  • Levels 21
  • Levels 31
  • Levels 41
  • BasementYes
  • Bedrms 12
  • Bedrms 21
  • Bedrms 31
  • Bedrms 41
  • FoundationPoured Concrete, Concrete Block, Fieldstone, Brick, Granite
  • DirectionGoogle Maps
  • Terms FeatureContract for Deed
  • Rms 15
  • Rms 23
  • Rms 33
  • Rms 43
  • Lead PaintUnknown
  • Units6

Basic Information

  • Property Type5-9 Family
  • Date Listed05/10/2021
  • List Price$1,599,000
  • Price Per Sq Ft$320
  • Status Date2021-05-10T22:23:00
  • MLS Number72828736
  • MLS StatusActive

Interior

  • Basement FeatureFull
  • F Bths 21
  • F Bths 12
  • H Bths 11
  • F Bths 31
  • Flrs 11
  • Flrs 22
  • Flrs 32
  • F Bths 41
  • Flrs 42

Exterior

  • Colorred
  • ExteriorWood
  • Roof MaterialAsphalt/Fiberglass Shingles

Utilities

  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer
  • Sew900

Photos

  • Number of Photos33
  • Photo Date2021-05-11T09:47:00
  • Prop TypeMF

Location

  • Street Num18
  • Building Number18
  • StreetWatson Street
  • TownMarblehead
  • StateMA
  • Zip01945
  • Zip Code 43480
  • CountyEssex

Property

  • Acreage0.26
  • Lot Size11457
  • Square Feet5,003
  • Lease 1N
  • Lease 2N
  • Lease 3N
  • Lease 4N
  • Rent41050
  • Lot DescriptionCity View(s), Gentle Slope, Steep Slope, Scenic View(s)
  • Rent31000
  • Rent21100
  • Total Rent5100
  • Assessments1107400
  • Main LoAN1532
  • Road TypePublic

Amenities

  • Other AmenitiesBasement

Water Body

  • WaterfrontNo
  • BeachfrontYes
  • Beach DescriptionHarbor, Ocean
  • Miles to Beach3/10 to 1/2 Mile
  • Beach OwnershipPublic

Other

  • Wse900
  • Year Built DescrpApproximate
  • Apod AvailableYes
  • Insc3500
  • Parcel NumberM:0134 B:0003 L:0
  • Rme1512
  • Noi29549

Marblehead, MA Demographics

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Marblehead, MA Real Estate Market Data

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Marblehead, MA Schools

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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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