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.
Listed By
Agency Name: Keller Williams Realty Evolution
Agency Phone: 978-992-4050
Agent Name: Christian Smith
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
Choose a date and time to see 11 Charter St, Newburyport, MA 01950.
An agent will get in touch to confirm your request shortly.
Estimated Payment
$ 10,232.62 per month $8,012.04 Principal & Interest $1,170.58 Property Tax $1,050.00 Homeowner's Insurance
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.