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31 Mugford St, Marblehead, MA, 01945

3beds
3baths
1,378sqft
$899,000
$652price/sqft
$5,850/moest. monthly cost
$234,000/yrincome needed

About This Home

Steeped in history and coastal charm, this circa-1790 three-family residence sits in the heart of Old Town Marblehead. The property features three thoughtfully designed, light-filled studio apartments, each showcasing timeless period details and a warm, inviting feel .A rare detached two-car garage adds significant value and additional income, while the Beacon Hill-style garden offers a private retreat ideal for morning coffee, summer evenings, or entertaining. Just moments from shops, restaurants, bars, and Marblehead Harbor, the location captures the essence of coastal living. Perfect for investors or owner-occupants, this versatile property also lends itself to short-term rental opportunities, offering both lifestyle and income potential in one of the North Shore’s most picturesque settings. Fully occupied multi-family with stable tenancy. To minimize disruption, showings will be conducted after an accepted offer. Financials and property details available upon request.

Getting Around

87
WalkingVery Walkable
28
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

7/10
Village SchoolGrades 4-60.8 mi
8/10
Marblehead High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1780

Materials

  • Foundation: Stone,Granite
  • Roof: Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: 3 Family - 3 Units Up/Down

Interior

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Wood,Pine
  • Number of fireplaces: 4
  • Fireplace: Yes
  • Finished area above ground: 1,378

Interior Area

  • Total structure area: 1,378
  • Total interior livable area: 1,378 sqft

Property

Details

  • Parcel number: M:0150 B:0091 L:0,2026298
  • Zoning: HIST

Features

  • Exterior features: Garden
  • Waterfront features: Harbor,3/10 to 1/2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 3,250 sqft

Parking

  • Total spaces: 4
  • Parking features: Shared Driveway,Off Street,Deeded
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2