Sold

50 Market St Unit 0, Amesbury, MA

Amesbury · MA 01913

$580,000
Price
8
Beds
6
Baths
3933
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1890
Units: 6 Units
Lot size: 4,430 Sq.Ft Lot
Price per square foot: $155 / Sq.Ft
Parking: No Parking

About this home

BACK ON MARKET - DUE TO BUYER'S FINANCING - 100% FULLY OCCUPIED BUILDING - 6 UNIT INVESTMENT PROPERTY IN DOWNTOWN AMESBURY!! - GROSS INCOME IS BELOW MARKET AND IS STILL OVER $60k PER YEAR!!! - Excellent Location, Walk to everything! Well-maintained 6-unit building in downtown Amesbury. 5 residential units and 1 commercial unit. Unit Mix consists of: (2) – 1 bedrooms and (3) – 2 bedrooms and (1) 600 sqft retail space. All units are rented! Located in town, just a few feet away to all that downtown Amesbury has to offer: shops, restaurants, breweries, coffee shops and more. Building is 100% occupied with mostly long term tenants. Below market rents, low operating expenses. See attached INCOME & EXPENSE BREAKDOWN. Tenants pay their own heat and electric. Property is priced to sell. 2 New Water Heaters recently installed. Potential to add Coin-Op Laundry On-Site to generate extra revenue. Need 48 hours to show

Neighborhood & Transit

50 Market St, Amesbury · MA 01913

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2597 days
Listing Price:
$609,000
Price per Sq.Ft:
$155
Tax Assessment:
$321,500 in 2018
Taxes:
$509 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
6
Half Bathrooms
0
Living Area
3,933 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
4,430 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Martin
Listing office
Wellsco, LLC
MLS PIN #
72310238