See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

126 Pleasant St, Marblehead, MA, 01945

6beds
9baths
5,578sqft
$1,875,000
$336price/sqft
$12,562/moest. monthly cost
$502,480/yrincome needed

About This Home

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.

Getting Around

93
WalkingWalker's Paradise
28
TransitSome Transit
49
BikeSomewhat Bikeable

Schools

7/10
Village SchoolGrades 4-60.5 mi
8/10
Marblehead High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle,Rubber
  • Construction materials: Frame,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 5+ Family - 5+ Units Up/Down

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 9
  • Full bathrooms: 5
  • 1/2 bathrooms: 4

Features

  • Living Room,Kitchen
  • Flooring: Wood
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning
  • Fireplace: Yes
  • Finished area above ground: 5,578

Interior Area

  • Total structure area: 5,578
  • Total interior livable area: 5,578 sqft

Property

Details

  • Parcel number: 2023989
  • Zoning: B1

Features

  • Patio & porch: Deck - Wood
  • Exterior features: Balcony/Deck,Garden
  • Waterfront features: 3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 5,009 sqft

Parking

  • Parking features: Paved Drive
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Tsunami

FEMA Declared Disasters Across Massachusetts Counties

Hurricane

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,481$113,772
Home Insurance *$597$7,164
Property Taxes $1,385$16,620
Electricity $1,099$13,199
Total$12,562$150,744
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$430,697/yr
40% on housing$376,860/yr
45% on housing$334,986/yr

Massachusetts FAIR Plan Programs

Massachusetts Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 213,928Commercial: 230
Total Premiums$400.85M
Total Exposure$115.57B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.9%
7.9%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$336This listing

vs Other Active Listings

Avg $/sqft

ZIP 01945$547
Essex County$385

vs Homes Sold Last Month

Median $/sqft

ZIP 01945$490
Essex County$387

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-14Listed for sale$1,950,000
1995-02-01Sold$290,000

For Sale by Agent

AgentAlbert Lane
BrokerageColdwell Banker Realty - Marblehead

Similar Homes