Downtown Marblehead. Beautiful Gambrel style multi family home. Walk onto a graceful wrap around porch filled w/flower boxes & views of a seaside town steps away. The 6 car+ pavered driveway & manicured grounds that surround this property make quite a statement as you approach. First, a charming single level unit w/an arched ceiling entryway, lvng rm, eat-in kitchen, 1 bdrm, full bth & hdwd flrs. The main house was fully renovated in 2021. Walk up a curved staircase enhanced w/elegant custom design railings. An open wrap around floor plan w/nw hdwd flrs, wafer tech Led recessed lighting & fixtures, nw windows & nwly painted thru out. A stunning chef's kitchen w/quartzite cntrs & island, subwy bcksplsh, nw ss applncs & gorgeous cabinetry. Upstairs, a stylish main bedrm w/pocket dr, nw clsts & modern lghtng.Two more bdrms, two full bths & a fabulous oversized roof dck. Landscpd grnds & paved patio. Walk to shops, fine dining & strolls to harbor. Also, steps to the Marblehead Rail Trail.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 6:36am (Source: MLS PIN #73097488)
Gross Income: $21,600
Gross Expenses: $6,918
Net Income Calc: $14,682
Water Views
Annual Expenses for 2 Highland Terrace, Marblehead MA 01945
Total Gross Expenses (Calculated)$6,918/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6918
Annual Income & Unit Breakdown for 2 Highland Terrace, Marblehead MA 01945
Total Gross Income (Calculated)$21,600
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full
Floor2
Levels in Unit3
Rent Includes
General Information for 2 Highland Terrace, Marblehead MA 01945
Listing ID73097488
Property TypeMulti Family
Price1099000 ($463.32/SqFt)
StyleMulti Family
CityMarblehead
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2372
Approximate Lot Size (Acres)0.1
Total Parking6
Garage Parking0
Year Built1938
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningSR
Water ViewsNo
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 2 Highland Terrace, Marblehead MA 01945
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsKitchen Table
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation0
Compensation Based OnNet Sale Price
Financial Information for 2 Highland Terrace, Marblehead MA 01945
Real Estate Taxes6918
Tax Year2022
Assessed Value$657,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 2 Highland Terrace, Marblehead MA 01945
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 2 Highland Terrace, Marblehead MA 01945