24-26 Knight Ave, Marblehead, MA 01945
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$1,020,000
2 Unit
6 Beds
4 Baths
2862 SQFT
0.19 Acre

Property Description

Thoughtfully updated side-by-side two-family in Marblehead's coveted West Shore neighborhood, just blocks from the ocean. Both residences feature a smart reverse layout, with the main living areas positioned on the upper level to capture seasonal water views over the neighborhood — and with selective additional tree trimming, there is real potential to open those views up year-round. The owner's unit centers on a brand-new, enlarged kitchen featuring all-new cabinetry, countertops, backsplash, designer lighting, and stainless appliances, supported by updated electrical, plumbing, and gas lines. A brand-new first-floor laundry closet, new half bath, and a new insulated front door add everyday comfort and convenience, while the sun-filled four-season sunroom — perched to take in the water views — may be the most coveted room in the house. Beyond the updates, the home offers a welcoming canvas to add your own touches over time. Interior access to a dedicated garage and basement completes the owner's side. The second unit mirrors the layout with its own private entrance, dedicated garage with interior access, private basement, and a fireplace — and it comes with a complete set of brand-new appliances included: built-in oven, microwave, cooktop, range hood, and refrigerator, ready for the next owner's vision as well as a recently renovated full bath. With a reliable tenant already in place, the income begins on day one. Live in one unit while the other works for you, or hold both as a long-term investment in a seaside town where property is cherished and rarely trades. Recent exterior improvements include a new roof, a freshly power-washed exterior, and professionally trimmed trees. Each unit enjoys its own dedicated garage, with six additional off-street parking spaces on a sunny corner lot — a genuine rarity this close to the water. All of it sits steps from the beach and parks, and just minutes from Marblehead Harbor and Old Town's shops and dining. An exceptional opportunity to secure updated, income-producing multi-family ownership in one of the North Shore's most beloved coastal neighborhoods.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Total Half Baths: 2
  • Total Fireplaces: 1
  • Basement Features: Concrete Floor, Full, Garage Access, Interior Access, Unfinished Basement, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Programmable Thermostat, Tile Floor
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 32400
  • Net Operating Income: 32400

Utilities

  • Electric Info: 220 Volts, At Street
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1975
  • Type: 2 Family - 2 Units Side by Side
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73573004
  • Last Updated: 09/08/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/08/2026New$1,020,000$356MLSPIN
01/01/2026Expired$950,000$332MLSPIN
12/09/2025Temporarily Withdrawn$950,000$332MLSPIN
11/03/2025Active$950,000$332MLSPIN
10/30/2025Price Change$950,000$332MLSPIN
10/20/2025Active$975,000$341MLSPIN
10/16/2025Price Change$975,000$341MLSPIN
10/04/2025Active$1,060,000$370MLSPIN
09/30/2025New$1,060,000$370MLSPIN

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Seller's Representative: Sherwood & Company Team, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-09-08 15:33:00

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