Newburyport, MA 01950 14-18 Market St
$1,495,000
OPEN HOUSE Sat, Sep 21 2024 12:00 PM - 02:00 PM
7 more
Presented By: Krissy Ventura with RE/MAX Bentley's.
Beds • 7
Baths • 3
SQFT • 3,312
Home Details
Build your legacy by being the investor who capitalizes on the historically strong and currently flourishing rental market in Newburyport - jump on this opportunity to purchase one of Newburyport’s best in-town 3-family investment property. This well positioned property offers a compelling investment opportunity with a strong rental history and the potential for growth in this thriving market. The property is located in a well desired area in downtown Newburyport close to shops, restaurants and marinas and is an ideal location for tenants! The city's strong rental demand, driven by its appealing lifestyle and prime location, ensures that these units are well-positioned for continued success. Property recently went through an exterior refresh and is now ready for sale! Schedule a showing today to start building your investment portfolio in Newburyport! First showings Sat OH 12-2
Presented By: Krissy Ventura with RE/MAX Bentley's.
Interior Features for 14-18 Market St
Bedrooms
Total Bedrooms7
Bathrooms
Half Baths0
Total Baths3
Other Interior Features
BasementFull
Fireplace Y/NNo
FlooringWood, Carpet, Varies
Total Fireplaces
Total Stories5
General for 14-18 Market St
AppliancesRange, Dishwasher, Refrigerator, Washer, Dryer
Building Area UnitsSquare Feet
CityNewburyport
Community FeaturesShopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Construction MaterialsFrame
CountyEssex
DirectionsHIgh or Merrimac st to Market St (GPS 14 Market St)
DisclosuresOne tenant on lease - others month-to month...all would like to remain. Inquire for further details.
Elementary SchoolBresnahan
Full Baths3
Garage Spaces
Garage Y/NNo
Gross Income77100
High SchoolNhs
Home Warranty Y/NNo
Insurance Expense2700
Interior FeaturesLiving Room, Dining Room, Kitchen, Laundry Room, Office/Den
Lot Size Square Feet3000
Lot Size UnitsAcres
Middle/Junior High SchoolRa Nock
Net Operating Income63900
NumberOfUnitsTotal3
Operating Expense13200
Property SubType3 Family
Property TypeResidential Income
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusNew
Sub-Agency Relationship OfferedNo
Tax Annual Amount8419
Tax Assessed Value844400
Tax Year2024
Total Actual Rent7400
Total Rooms16
Water Sewer Expense2250
Waterfront FeaturesBeach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
Waterfront Y/NNo
Year Built1780
Year Built DetailsActual
Year Built SourcePublic Records
Zoning1050
Exterior for 14-18 Market St
Building Area Total3312
Covered Spaces
Foundation DetailsConcrete Perimeter
Lot Size Acres0.07
Lot Size Area0.07
Open Parking Y/NYes
Parking FeaturesPaved Drive
Road Frontage TypePublic
SpaNo
Total Parking0
Water SourcePublic
Additional Details
Price History
Schools
High School
NHS High School
Elementary School
Bresnahan Elementary School
Middle School
Ra Nock Middle School
