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31 Mugford St, Marblehead MA 01945

Marblehead, MA 01945 • Old Town
$899,000
Est. $5,324/month
3
Beds
3
Baths
1,378
Sq Ft
$652
Price/Sq Ft
0.07
Acres
1780
Year Built
10 hours 31 minutes
Time on Market
Active Listed Apr 28, 2026 • MLS# 73507029 Copied!

About this home

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 Overview

Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1780
Bedrooms
3
Full Bathrooms
3
Living Area
1,378 sq ft
Total Rooms
5
Stories
3
Levels
3

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family - 3 Units Up/Down
Year Built 1780
Living Area 1,378 sq ft
Lot Size 0.07 acres
Bedrooms 3
Full Baths 3
Total Rooms 5

Interior

Heating None
Cooling None
Flooring Wood, Pine
Appliances None
Fireplace None
Fireplaces 4
Basement Crawl Space
Laundry None
Features None

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch None

Parking

Garage Spaces 2
Has Garage Yes
Features Shared Driveway, Off Street, Deeded
Total Spaces 4

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $6,939
Assessed Value $807,800

Interior Features

Flooring: Wood, Pine
Appliances:
Interior Features:
Windows:
Basement: Crawl Space
Laundry:
Security:

Construction & Materials

Year Built: 1780
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Granite
Stories: 3

Heating, Cooling & Utilities

Heating:
Heating Zones: 3
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Garden
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 4
Parking Features: Shared Driveway, Off Street, Deeded

Special Features

Fireplaces: 4
Fireplace Type:
Community Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, House of Worship, Public School

Location

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Neighborhood

Old Town

31 Mugford St, Marblehead MA 01945

Marblehead, MA 01945

Walkability

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Nearby Schools

School District
Marblehead School District local
A-
School Safety 2024-25
0.4% Low
0.4% Suspensions 0.2% In-School
5.1% below state avg
E

Elementary Schools

3 schools
Devereux - Marblehead
1.1 mi
Grades PK-12
A
Lucretia and Joseph Brown School
1.2 mi | #161 of 824 | Score: 56.6
Dropped 60 spots from last year
-1.6 below state avg
445 students Moderate
Grades PK-03
Tower School
1.3 mi
Grades PK-08
M

Middle Schools

3 schools
B+
Marblehead Community Charter Public School
0.2 mi | #115 of 352 | Score: 48.0
Improved 94 spots from last year
-10.2 below state avg
192 students Moderate
Rising School Strong Attendance
Grades 04-08
A-
Marblehead Veterans Middle School
0.8 mi | #83 of 352 | Score: 51.5
Dropped 30 spots from last year
-6.7 below state avg
411 students Less Diverse
Grades 07-08
B+
Village School
0.9 mi | #253 of 824 | Score: 52.3
Dropped 64 spots from last year
-5.9 below state avg
529 students Moderate
Grades 04-06
H

High Schools

2 schools
A-
Marblehead High School
1.3 mi | #80 of 346 | Score: 62.1
Dropped 37 spots from last year
+3.9 above state avg
861 students Less Diverse
20 sports • 2,426 athletes
Strong AP Program High Graduation Rate Career Tech Programs College Ready Curriculum
Grades 09-12
B+
Salem Academy Charter School
1.9 mi | #139 of 346 | Score: 56.7
Improved 97 spots from last year
-1.5 below state avg
480 students Diverse
10 sports • 568 athletes
High Graduation Rate Rising School College Ready Curriculum
Grades 06-12
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Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $578
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Apr 28, 2026
$899,000
Original listing
Agent: Graeme Jones Office: Coldwell Banker Realty - Marblehead

Price & Status History

Date Event Price Change
Apr 28, 2026 New Listing Added $899,000

Market Statistics

Time on Market
10 hours 31 minutes
Price per Sq Ft
$652

Tax History

Year Taxes Assessment
2026 $6,939 $807,800

Financial Details

Annual Property Tax
$6,939
Tax Year 2026
Assessed Value
$807,800

Listing Information

Listing Agent Graeme Jones
Listing Office Coldwell Banker Realty - Marblehead
Agent MLS ID CN202726
Office MLS ID AN6221
Listing Data Updated Apr 28, 2026 10:00 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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