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Off market
  • $768,200

    160 Washington St, Marblehead, MA 01945

    3beds
    1,918sqft
    MultiFamily
    Built in 1710
    -- sqft lot
    $768,200 Zestimate®
    $401/sqft
    $4,259 Estimated rent

    What's special

    This is a rare and unique opportunity to own a classic "Old Town" building with retail space and a 2+BR residential unit on the second and third floor. This building is well maintained, recently renovated, and fully rented. The building currently produces a Net Annual Income of $29,800 and a Cap rate of 6% with opportunities to enhance rental income this fall. Excellent investment opportunity. Financials available upon request.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Other, Oil
    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 1,918 sqft

    Property

    Features
    • Exterior features: Wood
    Lot
    • Size: 871 sqft
    Details
    • Parcel number: MARBM0133B0006L0

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • Year built: 1710

    Community & neighborhood

    Location
    • Region: Marblehead
    Services availability
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    Estimated market value

    $768,200