23 State Street Newburyport, MA

$1,250,000
Beds 3
Baths 3
Square Feet 2,491
Acres 0.07
Photo of 23 State Street Newburyport MA 01950




Description

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.


Listed by Compass, The Bakhtiari Group

Details

MLS 73315747
Status Pending
Price $1,250,000
DOM 61 days
Type Multi-Family
Beds 3
Baths 3 full baths
Square Feet 2,491 sqft
Lot Size 0.07 acres
Year Built 1800

Lot & Building Features

Construction Brick
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,245
Water Public
Foundation Brick/Mortar, Concrete Perimeter
Roof Tar/Gravel
Full Baths 3
Parking On Street
Total Rooms 9
Garage Spaces 0

Schools

Elementary School Newburyport
Junior High School Newburyport
Senior High School Newburyport

Multi-Family Home for Sale: 23 State Street, Newburyport, MA 01950

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
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Monthly Home Ins.
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