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31 Mugford St, Marblehead MA 01945

$899,000

Estimated $2,036/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $299,666.67

Total Rent: 51600/year

Estimated CAP Rate:

3 Bedrooms

Baths

1378

Total Parking: 6 (2 Garage)

3,250 (0.07)

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.

This home has been viewed 3 times

Last Checked: May 3rd, 2026 at 6:29am (Source: MLS PIN #73507029)

Gross Income: $51,600

Gross Expenses: $7,289

Net Income Calc: $44,311

Water Views

Annual Expenses for 31 Mugford St, Marblehead MA 01945

Total Gross Expenses (Calculated)$7,289/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6939

Annual Income & Unit Breakdown for 31 Mugford St, Marblehead MA 01945

Total Gross Income (Calculated)$51,600

Unit 1

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms0

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 31 Mugford St, Marblehead MA 01945

Listing ID73507029

Property TypeMulti Family / 3 Family

Price899000 ($652.39/SqFt)

Style3 Family - 3 Units Up/down

CityMarblehead

CountyEssex

MLS AreaOld Town

Neighborhood(s)Ipswich

Approximate Living Area Total1378

Approximate Lot Size (Acres)0.07

Total Parking6 (2 Garage)

Garage Parking2

Year Built1780

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningHIST

Water ViewsNo

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 31 Mugford St, Marblehead MA 01945

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Items And Furniture Are Excluded Including Mounted Tv In Kitchen.

Financial Data SourceEstimated

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 31 Mugford St, Marblehead MA 01945

Real Estate Taxes6939

Tax Year2026

Assessed Value$807,800

Financial Data SourceEstimated

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 31 Mugford St, Marblehead MA 01945

Neighborhood(s)Ipswich

MLS AreaOld Town

Area AmenitiesWalk/jog Trails

Contact Information for 31 Mugford St, Marblehead MA 01945

Agent

Name: Graeme Jones

Office

Name: Coldwell Banker Realty - Marblehead

Phone: 781-631-9511

Payment Calculator

, Interest

Property Taxes 578.25

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Graeme Jones

Agent Phone

Office Phone

(781) 631-9511

Text Agent Call Agent Call Office

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    [unparsed] => 31 Mugford St, Marblehead MA 01945
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EXIT

25 More Photos

Active

31 Mugford St, Marblehead MA 01945

$899,000

Annual Expenses for 31 Mugford St, Marblehead MA 01945

Annual Income & Unit Breakdown for 31 Mugford St, Marblehead MA 01945

General Information for 31 Mugford St, Marblehead MA 01945

Disclosures for 31 Mugford St, Marblehead MA 01945

Financial Information for 31 Mugford St, Marblehead MA 01945

Location Information for 31 Mugford St, Marblehead MA 01945

Contact Information for 31 Mugford St, Marblehead MA 01945

Agent

Office

Payment Calculator

Exclusive Listing Agent

Coldwell Banker Realty - Marblehead

Graeme Jones