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Home Massachusetts Multi-Family Homes for Sale

31 Mugford St Marblehead, MA 01945
10 Days on Jacob Realty
28
$899,000
Total Beds: 3 Total Baths: 3
Total Units: 3 SQFT: 1378
LOT size: 0.07 Acres
31 Mugford St
Marblehead, MA 01945
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Property Description

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.
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Property Details

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Total Fireplaces: 4
  • Amenities: Bike Path, House of Worship, Laundromat, Park, Public School, Public Transportation, Shopping, Tennis Court, Walk/Jog Trails
  • Basement Features: Crawl, Mixed

Financial

  • APOD Available: No
  • Expenses Source: Estimated, Limited Information, Owner Provided
  • Gross Operating Income: 58800
  • Gross Expenses: 350
  • Electric Expenses: 60
  • INSC: 290
  • Net Operating Income: 58800

Utilities

  • Heat Zones: 3
  • Electric Info: 110 Volts, Circuit Breakers, On-Site, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Construction

  • Year Built: 1780
  • Type: 3 Family - 3 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Pine, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73507029
  • Last Updated: 05/02/26

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Map

Seller's Representative: Graeme Jones, Coldwell Banker Realty - Marblehead
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-05-02 03:05:00

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