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SOLD 3/31/2015

264 Washington Street, Marblehead, MA 01945$715,000

8
beds
6
baths
3739
ft2
· 3005
ft2 lot
$191 / ft2

Listing provided courtesy of Listing Broker: Cressy Team, J. Barrett & Company
Source MLS PIN;
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Six-Family Income Property located in the heart of downtown Marblehead. All fully occupied units: Four 1-bedroom apartments in one building and Two 2-bedroom apartments in the other (brick) building. All utilities except water are separately metered. Conveniently located for tenants who would like to walk to all conveniences and have easy access to public transportation. Building has had many updates. 5 out of the 6 units have been updated including kitchens and windows, 4 upgraded heating units and various bathroom improvements as well. 4 car off-street parking. Great investment opportunity!

HOA

$—/month

On market

15 days

Year built

1860

Property type

5 9 Family

Parking

4

MLS

71786107

Price / Sq.Ft.

$191 / ft2

Status

Sold

Home details for 264 Washington Street

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
•   
Total Levels: 3, 9, 5
•   
Total Levels Unit 1: 1, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Levels Unit 3: 2, 1
•   
Total Levels Unit 4: 1
•   
Total Rooms Unit 1: 3
•   
Total Rooms Unit 2: 3
•   
Total Rooms Unit 3: 3
•   
Total Rooms Unit 4: 3
•   
Total Rooms: 16, 20, 16
Interior Features
•   
Electric Details: Fuses, Circuit Breakers, 200 Amps
•   
Utility Description: Water, Water, Water, Water
Heating & Cooling
•   
Heating Description Unit4: Gas
•   
Heating Units: 6
•   
Heating Description Unit 1: Gas
•   
Heating Description Unit2: Gas
•   
Heating Description Unit3: Gas
Appliances
•   
Hot Water: Oil, Natural Gas
•   
Unit 4 Appliances: Range, Refrigerator
•   
Unit 3 Appliances: Range, Refrigerator
•   
Unit 2 Appliances: Range, Refrigerator
•   
Unit 1 Appliances: Range, Refrigerator
Flooring
•   
Unit 4 Floor Level: 4
•   
Flooring: Wood
Bedrooms Info
•   
Total Beds: 8
•   
Unit 4 Beds: 1
•   
Unit 3 Beds: 1
•   
Unit 2 Beds: 1
•   
Unit 1 Beds: 1
Bathrooms Info
•   
Full Baths: 6, 6
•   
Unit 4 Full Baths: 1
•   
Unit 3 Full Baths: 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
Property, Lot, Community & Exterior Features
Property Features
•   
Beach Description: Ocean, Walk to
•   
Beachfront
•   
Beach Ownership: Public
Community Info
•   
Total Units In Complex: 6
Exterior Features
•   
Color: green
•   
Building Exterior Details: Clapboard, Brick, Balcony, Gutters, City View(s)
Property Type
•   
Property Type: 5-9 Family
•   
Mls Prop Type: 5-9 Family
•   
Mls Property Type: Multi-family
Community Features
•   
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Private School, Public School
Lot Info
•   
Zoning: CR
•   
Lot Description: Paved Drive
•   
Acres: 0.07
Building Info
•   
Sqft Source: Public Record
•   
Foundation: Fieldstone
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Partial, Sump Pump
Parking Info
•   
Parking Descriptions: Off-Street
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2040936
•   
Status: Sold
Financial Info
•   
Fin Code: Conv. Fixed
•   
Apod Available
Lease Info
•   
Gross Income: 34200
•   
Net Operating Income: 34200
•   
Monthly Rent Unit 1: 800
•   
Monthly Rent Unit 2: 600
•   
Monthly Rent Unit 3: 750
•   
Lease 1
•   
Monthly Rent Unit 4: 700
•   
Total Rent: 5050
Listing Details
•   
Disclosures: One out of the 6 furnaces is oil. The rest are gas.
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 508000.00
•   
Taxes: 5629.00
Listing Contacts
•   
Selling Agent: C4383955
School Neighborhood & Directions
Location
•   
Street Number: 264
•   
Map Book: 28277
•   
Beach Distance: 1 to 2 Mile
•   
Map Page: 370
•   
Directions: Pleasant Street to Washington Street, behind House of Pizza
•   
Road Type: Public
Other
Other
•   
Main So: C58300
Calculation
•   
Price Per Sqft: 191.23
•   
List Price Per Sqft: 191.23
•   
Sold Price Per Sqft: 191.23
•   
Cdom Property: 15
•   
Cdom Broker: 15
•   
Cdom: 15

Neighborhood snapshot

47
Properties for sale
19
Median days on market
$429.28
Median sold price/sqft
105.81%
Sold/List %
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Property History for 264 Washington Street

12/14/2015
12/14/2015
MLS PIN #71786107
sold
MLS PIN #71786107
$715,000
03/31/2015
03/31/2015
Public Record
sold
Public Record
$715,000
+33.64%
01/28/2009
01/28/2009
Public Record
sold
Public Record
$535,000

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