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6 Mount Vernon, Marblehead MA 01945

$1,450,000

Estimated $2,351.17/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $362,500

Total Rent: 68400/year

Estimated CAP Rate: 4.72%

4 Bedrooms

4 Full Baths

2,555 SqFt

Total Parking: 4

7,430 SqFt

6 Mount Vernon Street is a unique offering consisting of four individual one-bedroom, one-bathroom condominium units, ideally located just moments from downtown Marblehead. Unit 1 is 754 square feet, completely renovated 1br/bath with a bonus office or nursery, and in unit laundry. All brand new kitchen appliances, countertops, refinished hardwood floors, and has a year lease through Feb 1 2027. Unit 2- is 736 square feet, 1 bedroom, 1 bath with a long term tenant that has been there for over 10 years, and has a lease through January 2027. Unit 3 is completely renovated, peeks of the water, with 1 bedroom, 1 bath, in unit laundry and all new appliances, kitchen, etc. The unit is vacant. Unit 4 (or 1R) is located in the back of the house with a separate entrance and has a TAW. It's a 1 bed, 1 bath bungalow style. Hot water tanks are 3 years old, brand new electric, and brand new roof. Excellent investment opportunity!

This home has been viewed 14 times

Last Checked: February 9th, 2026 at 7:23am (Source: MLS PIN #73474225)

Gross Income: $68,400

Gross Expenses: $0

Net Income Calc: $68,400

CAP Rate: 4.72%

Annual Expenses for 6 Mount Vernon, Marblehead MA 01945

Total Gross Expenses (Calculated)$0/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax

Annual Income & Unit Breakdown for 6 Mount Vernon, Marblehead MA 01945

Total Gross Income (Calculated)$68,400

Unit 1

Rental Income$2,200

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water)

Unit 2

Rental Income$2,000

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water)

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor

Levels in Unit

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water)

Unit 4

Rental Income$1,500

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 4(water)

General Information for 6 Mount Vernon, Marblehead MA 01945

Listing ID73474225

Property TypeMulti Family / 4 Family

Price$1,450,000 ($567.51/SqFt)

Style4 Family

CityMarblehead

CountyEssex

MLS Area

Neighborhood(s)Ipswich

Approximate Living Area Total2,555 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking4

Garage Parking

Year Built1800

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Wood

Zoning0

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features1 To 2 Mile To Beach

Energy Features

Terms

Disclosures for 6 Mount Vernon, Marblehead MA 01945

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$68,400

Total Net Income By Broker$68,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 6 Mount Vernon, Marblehead MA 01945

Real Estate Taxes

Tax Year2026

Assessed Value

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$68,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$68,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.72%

Location Information for 6 Mount Vernon, Marblehead MA 01945

Elementary School

Middle School

High School

Neighborhood(s)Ipswich

MLS Area

Area AmenitiesWalk/jog Trails, Public School

Contact Information for 6 Mount Vernon, Marblehead MA 01945

Agent

Name: Lindsey McCarthy

Office

Name: Coldwell Banker Realty - Marblehead

Phone: 781-631-9511

Payment Calculator

, Interest

Property Taxes 0

Principal & Interest 8934.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Lindsey McCarthy

Agent Phone

Office Phone

(781) 631-9511

Text Agent Call Agent Call Office

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[owner_occupancy_source] => 
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[pasture_area] => None
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[perc_test] => Array
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[perc_test_date] => Unknown
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    [team] => Array
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[terms] => Array
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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        )

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[water] => Array
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[water_expense] => Array
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            [0] => $0
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[water_views] => Array
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[water_views_features] => Array
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[waterfront] => No
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[year_built] => 1800
    [year_built_details] => Approximate
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    [zoning] => 0
    [zoning_details] => 
    [media] => Array
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EXIT

Active

6 Mount Vernon, Marblehead MA 01945

$1,450,000

Annual Expenses for 6 Mount Vernon, Marblehead MA 01945

Annual Income & Unit Breakdown for 6 Mount Vernon, Marblehead MA 01945

General Information for 6 Mount Vernon, Marblehead MA 01945

Disclosures for 6 Mount Vernon, Marblehead MA 01945

Financial Information for 6 Mount Vernon, Marblehead MA 01945

Location Information for 6 Mount Vernon, Marblehead MA 01945

Contact Information for 6 Mount Vernon, Marblehead MA 01945

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Lindsey McCarthy