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9 State Street, Old TownMarblehead, MA 01945Price: $1,695,000

  • Price: $1,695,000
  • Est. Mortgage of $/month
  • 52 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.09% last updated on Feb 2, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,695,000List Price
  • 6Bedrooms
  • 7Bathrooms
  • 0.12Acreage
  • 6,104Square Feet
Under Agreement

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Listed by Mary Stewart & Heather Kaznoski, Heather Kaznoski and Mary Stewart of Coldwell Banker Realty - Marblehead
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.

Property Details of 9 State Street, Old Town

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