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    8 Selman Street

    Marblehead, MA 01945
    • $850,000
    • STATUS: Contingent
    • MLS #: 72802990
    Under Contract
    UPDATED: 18 min ago
    $850,000
    • 3
      BEDS
    • 0.06
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,790
      SQFT
    • $475
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1870
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Cressy Team of J. Barrett & Company.

    Description

    Looking for a 3-family income property in Old Town with a spectacular location and some water views? Well, look no further. This well-located 3-story property is just a stone's throw away from beautiful Marblehead Harbor and walking distance to all Old Town shops and restaurants as well as the bus line for easy commuting in and out of town. This fabulous property boasts 3 floors with three (1) bedroom apartments on each level including a living room, kitchen, full bath and private exterior balcony off the back bedroom on each floor. Walk across the street for dinner, kayak from the beach, enjoy Fort Sewall park and so much more. Long-term, reliable tenants on month-to-month lease agreements with 1-car parking for each unit, common washer/dryer, a shared driveway and shared garage with the neighbor at 10 Selman St. At one time, this 3-family structure was a single family home. Potential may exist to convert back to single family status (at buyer's due diligence with zoning approval).

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    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-17T14:08:06.563.
    www.livecharlesgate.com/homes/115417509
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    8 Selman Street Marblehead, MA 01945

    • Price: $850,000
    • Status: Contingent
    • Updated: 18 min ago
    • MLS #: 72802990
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.06
    Acres
    1,790
    SQFT
    $475
    $/SQFT
    1870
    Built
    Neighborhood:
    Old Town
    County:
    Essex
    Area:
    Old Town
    Property Description
    Looking for a 3-family income property in Old Town with a spectacular location and some water views? Well, look no further. This well-located 3-story property is just a stone's throw away from beautiful Marblehead Harbor and walking distance to all Old Town shops and restaurants as well as the bus line for easy commuting in and out of town. This fabulous property boasts 3 floors with three (1) bedroom apartments on each level including a living room, kitchen, full bath and private exterior balcony off the back bedroom on each floor. Walk across the street for dinner, kayak from the beach, enjoy Fort Sewall park and so much more. Long-term, reliable tenants on month-to-month lease agreements with 1-car parking for each unit, common washer/dryer, a shared driveway and shared garage with the neighbor at 10 Selman St. At one time, this 3-family structure was a single family home. Potential may exist to convert back to single family status (at buyer's due diligence with zoning approval).
    Exterior Features

    Beach Description HarborWalk To Beach Miles To 0 To 1/10 Mile Beach Ownership Public Beachfront Yes Color Green Exterior ShinglesWood Exterior Features Deck - WoodGutters Foundation Fieldstone Lot Description Paved DriveEasementsShared DriveFenced/EnclosedLevelScenic View(S) Parking Features Off-Street Parking Spaces 2 Road Type Public Roof Material Asphalt/Fiberglass Shingles Water View Features HarborPublicWalk To Waterfront Flag No Waterview Flag Yes

    Interior Features

    Basement Yes Basement Features FullInterior AccessBulkhead Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Cooling Common None Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Flooring Wood Floors Unit1 1 Floors Unit2 2 Floors Unit3 3 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heating Common Oil Heating Unit1 Oil Heating Unit2 Oil Heating Unit3 Oil Hot Water Tank Interior Features Unit1 Wood Flooring Interior Features Unit2 Wood Flooring Interior Features Unit3 Wood Flooring Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Rooms 9 Rooms Common Other (See Remarks) Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomKitchen Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 3

    Property Features

    Amenities Public TransportationShoppingParkWalk/Jog TrailsHouse Of WorshipMarinaPrivate SchoolPublic School Apod Available Yes Assessments 830400.00 Contingency Type Pending P&S Disclosure No Disclosures Rent includes HeatHot WaterGas For Stoves And Dryer For The Buildin. Rent includes Electricity For 1st And 2nd Floor. The 3rd Floor Has its Own Electric Meter So Tenant Pays Their Own Electric.Owners Pays For Plowing Split With Neighbor About $1000/Year And Approx. 400 For Exterior Maintenance. Electric Features Circuit Breakers60 Amps/Less Exclusions Pre-Inspection Report Available Upon Request. Expenses Source Owner Provided Expenses Year End 12/20 Gross Operating Income 47400 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lender Owned No Multifamily Type 3 Family - 3 Units Up/Down Net Operating Income 29354 Rent Description Unit1 HeatElectricHot WaterOther (See Remarks) Rent Description Unit2 HeatElectricHot WaterOther (See Remarks) Rent Description Unit3 HeatHot WaterOther (See Remarks) Rent Unit1 1350 Rent Unit2 1350 Rent Unit3 1250 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 8653.00 UFFI Unknown Utility Connections For Gas RangeFor Gas Dryer Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Hist

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Cressy Team of J. Barrett & Company.


    The property listing data and information 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 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 set forth herein. Data last updated 2021-04-17T14:08:06.563.
     
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    Charlesgate Realty Group
    867 Boylston Street, Fl 3
    Boston MA, 02116
    Listing courtesy of Cressy Team of J. Barrett & Company.