126 Pleasant St

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126 Pleasant St

Marblehead, MA 01945
Asking Price
$1.95M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Six-unit apartment building available for purchase in Marblehead.
  • Located at 126 Pleasant St within a desirable coastal region.
  • Asset is currently offered at a price of 1,950,000 dollars.
  • Property represents a functional investment for residential real estate portfolios.
  • Positioned in a stable North Shore market near Greater Boston.

What's Special

This multifamily apartment building at 126 Pleasant St in Marblehead, Massachusetts, is currently available for purchase by investors seeking to expand their residential portfolio. Comprising six individual units, this property provides a steady income stream in a coastal town known for its historic character and established residential market. Marblehead maintains a strong appeal for long-term tenants due to its proximity to the Atlantic coast and its accessible location within the Greater Boston region. The property structure is well-suited for a buyer looking to manage a stable multi-family asset in a desirable North Shore setting. With its combination of unit count and location, this building represents a clear opportunity for those focused on residential real estate investment in a stable suburban market. The asset serves as a functional addition to a diversified rental portfolio, offering consistent utility for residents within a well-regarded community.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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