$ 3,600,000
-
$3,600,000
Price -
16
Bed -
16
Bath -
5,527
SqFt
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About the Listing AN6888 - CN229241
A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager’s office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation 50% YOY growth. Full financials, T12 bookkeeper verified.
Listing Highlights
Status
Pending
Days on Site
104
Property Type
Multi-Family
MLS ®
73450760
Year Built
1869
Total Square Footage
5,527
Lot/Acreage
0.1
County
Essex
Interior Details
- Bedrooms: 16
- Bathrooms: 16 Full
- Appliances: Range, Oven, Microwave, Refrigerator, Freezer
- Air Cond: Common,Individual,Unit Control,Ductless
- Heating: Common,Wall Unit,Electric,Individual,Unit Control,Ductless
- Fireplaces: 0
- Floor: Tile,Hardwood,Wood,Stone/Ceramic Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Floored Attic,Storage,Studio,Stone/Granite/Solid Counters,High Speed Internet,Upgraded Cabinets,Upgraded Countertops,Remodeled,Laundry Room,Office/Den,Bathroom with Shower Stall,Smart Thermostat,Living Room,Kitchen
- Water: Public
Exterior Details
- Lot Description: Cleared,Level,Ocean,River,Beach Ownership(Public)
- Garage Capacity: N/A
- Parking Spaces: 6
- Zoning: B2
- Roof: Shingle
- Others: Rain Gutters
- Sewer: Public Sewer
- Parking Features: Paved Drive,Off Street,Parking Spaces: 6
Financial Details
- Tax Amount: $14,047
- Taxes w/Assessments: $1,466,300
- Tax/Property ID: M:0006 B:0035 L:0000,2084632
- Tax Year: 2025
Payment Calculator
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Questions About..
11 Charter St Newburyport, MA 01950
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