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11 Charter St, Newburyport, MA 01950

$3,600,000
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Pending
BEDS16 BATHS16 full SQUARE FEET5,527 MLS#73450760
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated managers 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.

11 Charter St | MLS# 73450760

This multi-family property located at 11 Charter St, Newburyport, MA 01950 is currently listed for sale with an asking price of $3,600,000. Search Newburyport real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Cooling: Common, None, Individual, Unit Control, Ductless
Fenced: Yes
Heating: Common, Wall Unit, Electric, Individual, Unit Control,
Lot Size: 0.10 Acres
Roof Type: Shingle
Stories: 5.0
Taxes: $14,047
Year Built: 1869

Amenities

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
Rain Gutters

Feature Descriptions

Appliances: Range, Oven, Microwave, Refrigerator, Freezer
Building Area Total: 5527
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 171
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: 220 Volts, Individually Metered
Exterior: Frame
Fencing: Fenced/Enclosed, Fenced
Flooring: Tile, Hardwood, Wood, Stone/Ceramic Tile
HeatingY/N: 1
Laundry: Gas Dryer Hookup
Lot Features: Cleared, Level
Open Parking Y/N: Yes
Parcel Number: M:0006 B:0035 L:0000,2084632
Parking Features: Paved Drive, Off Street
Parking Total: 6
Patio And Porch: Deck - Vinyl
Rent Includes: Unit 1(Water, None), Unit 2(Water), Unit 3(Water), Unit 4(Water)
Rooms Total: 16
Security: yes
Security Features: Security System
Sewer: Public Sewer
Units: 16
Utilities: for Electric Range, for Electric Oven, for Gas Dryer
Water: Public
Waterfront Features: Ocean, River, Beach Ownership(Public)
Window Features: Screens

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Evolution
Agency Phone: 978-992-4050
Agent Name: Christian Smith

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Estimated Payment

$ 10,232.62 per month $8,012.04 Principal & Interest $1,170.58 Property Tax $1,050.00 Homeowner's Insurance

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