Active
125 Days on market
126 Pleasant St Marblehead — Photo 1 of 20
Recent Drop: $75,000
$1,950,000$1,875,000
$1,875,000
126 Pleasant St, Marblehead, MA 01945
Marblehead, MA 01945
Beds
6
Baths
7
SqFt
5,578
Style
5+ Family - 5+ Units Up/Down
Built
1940
Solid 6 unit investment property features 4 residential units and 2 commercial units . Located on Pleasant St in downtown Marblehead in the business district. The residential units are comprised of 2, 2 bedroom units and 2 one bedroom units. Separate utilities for all units with gas heating systems. Strong rental history for this building with all units. 2 Commercial units have been long term tenants. There is a common back yard and garden area. A well maintained property with recent work done to exterior, brick and electric.
Immersive Experience
Market Value Analysis
This Property
Size (SqFt) →Price →This Property$336/sqft
Local Avg (Marblehead)$610/sqft
45% BelowMarket Average
* Analysis is based on 21 actively listed and recently sold comparable properties strictly within Marblehead, MA.
Property Details
Financials
Original Price$1,950,000
Annual Taxes$9,889.14
Parking
Garage0
Off-Street0
Interior Specifications
Total Rooms18
Fireplaces2
FlooringWood
BasementPartial, Walk-Out Access
Climate & Utilities
Heating--
Cooling--
WaterPublic
SewerPublic Sewer
Building & Exterior
ConstructionFrame, Brick
RoofShingle, Rubber
FoundationConcrete Perimeter
ZoningB1
Property & Lot
Acres0.11
SqFt Lot5,009
Lot Features--
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
Price Drop
$1,875,000
Was $1,950,000
Jun 1, 2026
MLS® 73501086
Listed
$1,950,000
Apr 14, 2026
MLS® 73501086
Expired
$2,300
Sep 9, 2025
MLS® 73387962
Listed
$2,300
Jun 9, 2025
MLS® 73387962
Population
20,470
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$180K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
14.7%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Essex County
992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Provided By
Listing Agent: Albert Lane
Listing Office: Coldwell Banker Realty - Marblehead
MLS® Number: 73501086
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