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9 State Street

Marblehead, MA 01945
  • $1,695,000
  • STATUS: Under Agreement
  • MLS #: 73065015
Pending
$1,695,000
  • 6
    BEDS
  • 0.12
    ACRES
  • 6
    BATHS
  • 1
    1/2 BATHS
  • 6,104
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1770
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Mary Stewart & Heather Kaznoski of Coldwell Banker Realty - Marblehead.

Description

9 State Street, often referred to as "The Oakum Bay Building", consists of a combination of one bedroom and studio rental units plus the offices, workshops, and the third floor loft workshop previously used for Ralph Hulsman's boat canvas company. The building is well located on State Street, less than 1/8th of a mile to the harbor and in the center of the downtown commercial area. The driveway widens in the rear of the building offering parking space for many of the tenants. There is also a 2-car garage that is currently rented @ $200/month. Several of the tenants are long standing residents, attesting to the value of the location. The building was built in the late 1700's, quite possibly as a single family home, and still retains some of the charm of that era-starting with the well worn front wide pine steps. There are 2 gas heating systems, FHA and FHW (2021- Navian), a 75 gallon gas hot water tank, and three circuit breaker electrical boards. The roof was replaced in 2017.

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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. Data last updated 2023-02-02T00:06:40.233.
www.welchmanrealestate.com/homes/135413606
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9 State Street Marblehead, MA 01945

  • Price: $1,695,000
  • Status: Under Agreement
  • On Site: Days
  • MLS #: 73065015
6
Beds
6
Baths
1
½ Baths
0.12
Acres
6,104
SQFT
$278
$/SQFT
1770
Built
Neighborhood:
Old Town
County:
Essex
Area:
Old Town
Elementary School:
Public/Private
Middle School:
Public/Private
High School:
Public
Property Description
9 State Street, often referred to as "The Oakum Bay Building", consists of a combination of one bedroom and studio rental units plus the offices, workshops, and the third floor loft workshop previously used for Ralph Hulsman's boat canvas company. The building is well located on State Street, less than 1/8th of a mile to the harbor and in the center of the downtown commercial area. The driveway widens in the rear of the building offering parking space for many of the tenants. There is also a 2-car garage that is currently rented @ $200/month. Several of the tenants are long standing residents, attesting to the value of the location. The building was built in the late 1700's, quite possibly as a single family home, and still retains some of the charm of that era-starting with the well worn front wide pine steps. There are 2 gas heating systems, FHA and FHW (2021- Navian), a 75 gallon gas hot water tank, and three circuit breaker electrical boards. The roof was replaced in 2017.
Exterior Features

Color Grey Construction Materials Frame Covered Spaces 2 Exterior Features Rain Gutters Frontage Length 55.00 Garage YN Yes Lot Features Level Open Parking YN Yes Parking Features Off StreetPaved Parking Total 5 Road Frontage Type Public Road Surface Type Paved Roof Shingle Waterfront Features Beach FrontHarbor3/10 To 1/2 Mile To BeachBeach Ownership(Public) Waterfront YN No

Interior Features

Appliances Unit 1(RangeRefrigeratorVent Hood)Unit 2(RangeRefrigerator)Unit 3(RangeRefrigeratorVent HoodOther (See Remarks))Unit 4(RangeRefrigerator)Gas Water HeaterTankless Water HeaterUtility Connections Varies Per Unit Basement PartialInterior EntryConcrete Building Area Total 6104 Cooling Unit 1(None)Unit 2(None)Unit 3(None)Unit 4(None) Cooling Units 0 Cooling YN No Cooling Zones 0 Fireplace YN No Fireplaces Total 0 Flooring WoodTileVinylCarpetUnit 1(Undefined)Unit 2(Tile Floor)Unit 3(Wood Flooring)Unit 4(Wood Flooring) Foundation Details Concrete PerimeterStone Heat Units 2 Heating Unit 1(Hot Water BaseboardGasElectric)Unit 2(Hot Water Baseboard)Unit 3(Hot Water BaseboardGas)Unit 4(Hot Water Baseboard) Heating YN Yes Interior Features Unit 1(PantryBathroom With Tub)Unit 2(Bathroom With Shower Stall)Unit 3(Bathroom With Tub & ShowerInternet Available - Unknown)Unit 4(Bathroom With Tub & Shower)Unit 1 Rooms(Living RoomKitchenOffice/Den)Unit 2 Rooms(Other (See Remarks))Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Other (See Remarks)) Lead Paint Unknown Rooms Total 19 Window Features Storm Window(S)

Property Features

Buyer Agency Compensation 2.0 Community Features Public TransportationShoppingParkWalk/Jog TrailsMedical FacilityLaundromatBike PathConservation AreaHouse Of WorshipPublic School Contingency Pending P&S Electric Circuit Breakers Electric Expense 6000 Gross Income 109200 Gross Scheduled Income 7200 Home Warranty YN No Insurance Expense 5200 Net Operating Income 86000 Operating Expense 23200 Property Sub Type 5-9 Family Rent Includes Unit 1(HeatElectricGasWaterHot Water)Unit 2(HeatElectricGasWaterHot Water)Unit 3(HeatElectricGasWaterHot Water)Unit 4(HeatElectricGasWaterHot Water) Senior Community YN No Sewage District Essex Sewer Public Sewer Tax Annual Amount 10727.24 Tax Year 2022 Total Actual Rent 5050 Transaction Broker Compensation 0 Utilities Varies Per Unit Water Sewer Expense 4800 Water Source Public Year Built Details Approximate Year Round Yes Zoning Hist

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Mary Stewart & Heather Kaznoski of Coldwell Banker Realty - Marblehead: 781-631-9511.


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. Data last updated 2023-02-02T00:06:40.233.
 
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Listing courtesy of Mary Stewart & Heather Kaznoski of Coldwell Banker Realty - Marblehead.