Sold for $815,000

$815,000

25 Pearl St, Marblehead, MA 01945

5beds

2,481sqft

3 Family

Built in 1850

-- sqft lot

$818,900 Zestimate^®

$328/sqft

$3,686 Estimated rent

Home value

$818,900

$753,000 - $884,000

$3,686/mo

Zestimate^® history

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$3,686/mo

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$3,686/mo

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$5,009/mo

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$5,009/mo

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What's special

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!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Features

Flooring: Wood, Vinyl
Windows: Storm Window(s)
Basement: Full,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,481
Total interior livable area: 2,481 sqft
Finished area above ground: 2,481

Property

Parking

Total spaces: 3
Parking features: Paved Drive, Shared Driveway, Off Street, Paved
Uncovered spaces: 3

Features

Patio & porch: Porch
Exterior features: Garden
Waterfront features: Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)

Lot

Size: 4,486 sqft

Details

Parcel number: 2026276
Zoning: 3 Fam

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1850

Utilities & green energy

Electric: Circuit Breakers, Individually Metered
Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Marblehead

HOA & financial

Other financial information

Total actual rent: 4300

Price history

Date	Event	Price
1/8/2026	Sold	$815,000-14.1%$328/sqft
Source: MLS PIN #73415591 Report a problem
9/2/2025	Listed for sale	$949,000$383/sqft
Source: MLS PIN #73415591 Report a problem
8/23/2025	Contingent	$949,000$383/sqft
Source: MLS PIN #73415591 Report a problem
8/8/2025	Listed for sale	$949,000+18.6%$383/sqft
Source: MLS PIN #73415591 Report a problem
11/12/2020	Sold	$800,000-4.6%$322/sqft
Source: Public Record Report a problem