49 Atlantic Ave Marblehead MA 01945 MLS #73352992

49 Atlantic Ave
Marblehead, MA, 01945
$1,175,000
6 Beds
3 Baths
2,534 SqFt
0.07 Acres
$1,175,000
49 Atlantic Ave
Marblehead, MA, 01945
Welcome to 49 Atlantic Ave, a charming 3-family property in the heart of downtown Marblehead. This well-maintained building boasts three spacious 2-bedroom, 1-bath units, each with its own distinct appeal. Each kitchen features upgraded cabinetry and granite countertops, blending modern style with functionality. Unit 1 has a newer FHA gas heating system (1 year old) with A/C, while Units 2 and 3 offer electric baseboard heating. The 2nd-floor unit showcases wide pine plank floors, while the 3rd unit boasts hand-scraped prefinished hardwood floors. Recessed lighting highlights the living spaces in both the 1st and 2nd-floor units. All units offer the added convenience of in-unit laundry and were fully renovated about 10 years ago with new kitchens and bathrooms. The property includes 3 off-street parking spaces and is just steps from Marblehead’s vibrant downtown with its shops & restaurants. Don’t miss this incredible investment opportunity in a prime coastal location!

Property Details

Price:
$1,175,000
MLS #:
73352992
Status:
Active Under Contract
Beds:
6
Baths:
3
Address:
49 Atlantic Ave
Type:
Multi Family
Subtype:
3 Family
City:
Marblehead
Listed Date:
Apr 1, 2025
State:
MA
Finished Sq Ft:
2,534
Total Sq Ft:
2,534
ZIP:
01945
Lot Size:
3,180 sqft / 0.07 acres (approx)
Year Built:
1910
Units:
3

Schools

Middle School:
Veternas Middle
High School:
Marblehead High

Interior

Bathrooms
3 Full Bathrooms
Flooring
Tile, Hardwood, Wood
Laundry Features
Electric Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Bike Path, Public School, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$57,700
Tax Year
2025
Taxes
$7,851
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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