32 Market St Newburyport, MA

$3,200,000
Beds 11
Baths 11
Square Feet 5,903
Acres 0.08
Photo of 32 Market St Newburyport MA 01950




Description

TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.


Listed by RE/MAX Bentley's, Alissa Christie

Details

MLS 73504490
Status Active
Price $3,200,000
DOM 117 days
Type Multi-Family
Beds 11
Baths 11 full baths
Square Feet 5,903 sqft
Lot Size 0.08 acres
Year Built 1850

Lot & Building Features

Sewer Public Sewer
Tax Year 2025
Taxes Paid $12,607
Water Public
Foundation Stone
Full Baths 11
Total Rooms 25
Garage Spaces 0
Fireplaces 1
Waterfront River, 1 to 2 Mile To Beach, Ocean, Beach Ownership(Public)

Map

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Financing

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

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.


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