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 16 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
Water Views
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 Tax0
Annual Income & Unit Breakdown for 6 Mount Vernon, Marblehead MA 01945
Total Gross Income (Calculated)$68,400
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Rent IncludesHeat
Unit 4
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
General Information for 6 Mount Vernon, Marblehead MA 01945
Listing ID73474225
Property TypeMulti Family / 4 Family
Price1450000 ($567.51/SqFt)
Style4 Family
CityMarblehead
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total2555
Approximate Lot Size (Acres)0.17
Total Parking4
Garage Parking0
Year Built1800
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
Zoning0
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 6 Mount Vernon, Marblehead MA 01945
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsBar Top In Shed Is Custom And Is Not Included
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 6 Mount Vernon, Marblehead MA 01945
Real Estate Taxes0
Tax Year2026
Assessed Value$0
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 6 Mount Vernon, Marblehead MA 01945
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 6 Mount Vernon, Marblehead MA 01945