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24-26 Knight Ave, Marblehead MA 01945

$899,000

Estimated $2,060/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $449,500

Total Rent: 32400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2862

Total Parking: 10 (2 Garage)

8,228 (0.19)

Newly priced at $899,000 — the most compelling two-family value Marblehead has seen in some time, in the coveted West Shore neighborhood just blocks from the ocean. Opportunities like this rarely surface here: a side-by-side two-family on a sunny corner lot, where both residences feature a smart reverse layout with main living areas up top to capture seasonal water views — and with selective tree trimming, real potential to enjoy those views year-round. The owner’s unit, delivered vacant, centers on a brand-new, enlarged kitchen with all-new cabinetry, countertops, backsplash, designer lighting, and stainless appliances — supported by all-new wiring, plumbing, and gas lines serving the kitchen. A brand-new first-floor laundry closet with its own dedicated electrical and plumbing, new flooring, a new insulated front door, and a new roof covering on the front mansard add everyday comfort and peace of mind, while the sun-filled four-season sunroom — perched to take in the water views — may be the most coveted room in the house. From there, the home is a welcoming canvas for your own vision. Interior access to a dedicated garage completes the owner’s side. The second unit mirrors the layout with its own private entrance, dedicated garage with interior access, and a fireplace — with brand-new appliances included, ready for the next owner’s touches. A reliable tenant is already in place, so the income starts the day you close. Live in one unit while the other pays you back, or hold both in a seaside town where multi-families are tightly held and rarely trade. Each unit enjoys its own walk-out lower level and dedicated garage, with six additional off-street parking spaces — a genuine rarity this close to the water. Steps to the beach and parks, minutes to Marblehead Harbor and Old Town’s shops and dining. At this price, in this location, with income in place from day one, 24-26 Knight Ave won’t wait around. Schedule your showing today.

This home has been viewed 3 times

Last Checked: November 2nd, 2026 at 7:08am (Source: MLS PIN #73573004)

Gross Income: $32,400

Gross Expenses: $7,231

Net Income Calc: $25,169

Water Views

Annual Expenses for 24-26 Knight Ave, Marblehead MA 01945

Total Gross Expenses (Calculated)$7,231/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax7231

Annual Income & Unit Breakdown for 24-26 Knight Ave, Marblehead MA 01945

Total Gross Income (Calculated)$32,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

General Information for 24-26 Knight Ave, Marblehead MA 01945

Listing ID73573004

Property TypeMulti Family / 2 Family

Price899000 ($314.12/SqFt)

Style2 Family - 2 Units Side By Side

CityMarblehead

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2862

Approximate Lot Size (Acres)0.19

Total Parking10 (2 Garage)

Garage Parking2

Year Built1975

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 SpaceCovered

ZoningSR

Water ViewsYes

Water Views FeaturesBay

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 24-26 Knight Ave, Marblehead MA 01945

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsWall Mounted Tv's-Brackets To Remain

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 24-26 Knight Ave, Marblehead MA 01945

Real Estate Taxes7231

Tax Year2026

Assessed Value$844,800

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 24-26 Knight Ave, Marblehead MA 01945

Middle SchoolMh Middle

High SchoolMh High

Neighborhood(s)Ipswich

Area Amenities

Contact Information for 24-26 Knight Ave, Marblehead MA 01945

Agent

Name: Sherwood & Company Team

Office

Name: Compass

Phone: 617-206-3333

Team Members

Payment Calculator

, Interest

Property Taxes 602.58

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Compass

Sherwood & Company Team

Agent Phone

Office Phone

(617) 206-3333

Text Agent Call Agent Call Office

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    [unparsed] => 24-26 Knight Ave, Marblehead MA 01945
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EXIT

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