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.
| Units | 6 |
| Living area | 5,578 sqft |
| Lot size | 5,009 sqft |
| Year built | 1940 |
| Price / sqft | $336 |
| County | Essex |
| MLS # | 73501086 |
| Days on market | 52 days |
| Listed on | April 14, 2026 |
| Annual property tax | $9,889 |
| Tax year | 2026 |
| Assessed value | $1,149,900 |
| Zoning | B1 |
| Gross income (actual) | $126,300/yr |
| Net operating income (actual) | $106,300/yr |
| Total actual rent | $10,525/mo |
| Insurance expense | $9,000/yr |
| Stories | 4 |
| Total rooms | 18 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Parking | Paved Drive |
| Basement | Partial, Walk-Out Access |
| Foundation | Concrete Perimeter |
| Roof | Shingle, Rubber |
| Construction | Frame, Brick |
| Flooring | Wood |
| Sewer | Public Sewer |
| Water | Public |
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Listing courtesy of Coldwell Banker Realty - Marblehead — Albert Lane. Listing data © MLS PIN.
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It is a 6-unit multi-family property with 5,578 sqft of living area, built in 1940.
126 Pleasant St, Marblehead MA 01945 has been listed for 52 days (since April 14, 2026).
At a list price of $1,875,000 across 6 units, that works out to roughly $312,500 per unit.
Annual property taxes are $9,889 (2026), on an assessed value of $1,149,900.
At $1,875,000 for 5,578 sqft, that's about $336 per square foot.
126 Pleasant St, Marblehead MA 01945 is in Marblehead, Essex County, MA 01945.