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, ble...
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Last Updated: April 3rd, 2025 at 5:18am
Gross Income: $63,000
Gross Expenses: $13,151
Net Income Calc: $49,849
CAP Rate: 4.24%
Beach Front
Annual Expenses for 49 Atlantic Ave, Marblehead MA 01945
Total Gross Expenses (Calculated)$13,151/year
APOD AvailableYes
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$5,300
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$7,851
Annual Income & Unit Breakdown for 49 Atlantic Ave, Marblehead MA 01945
Total Gross Income (Calculated)$63,000
Unit 1
Rental Income1800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income1900
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income1550
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
General Information for 49 Atlantic Ave, Marblehead MA 01945
Listing ID73352992
Property TypeMulti Family / 3 Family
Price$1,175,000 ($463.69/SqFt)
Style
CityMarblehead
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total2,534 SqFt
Approximate Lot Size (Acres)0.07 acres
Total Parking3
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck
ZoningB1
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront FeaturesOcean, Beach Front, Beach Ownership(public), 1 To 2 Mile To Beach
Energy Features
Terms
Interior Features for 49 Atlantic Ave, Marblehead MA 01945
Disclosures for 49 Atlantic Ave, Marblehead MA 01945
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$5,300
Total Gross Income By Broker$62,400
Total Net Income By Broker$57,700
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 49 Atlantic Ave, Marblehead MA 01945
Elementary School
Middle SchoolVeternas Middle
High SchoolMarblehead High
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesPublic School, Shopping, Medical Facility, Bike Path, Public Transportation, Sidewalks
Contact Information for 49 Atlantic Ave, Marblehead MA 01945