Sold
61 Market St, Amesbury, MA
Amesbury · MA 01913
- $703,000
- Price
- 7
- Beds
- 3
- Baths
- 2472
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1750
Units:
3 Units
Lot size:
2,840 Sq.Ft Lot
Price per square foot:
$273 / Sq.Ft
Parking:
1 Off Street Space
About this home
Fantastic in-town location; just a couple blocks from all the action of downtown Amesbury bars, restaurants, shops, cafes and more. Rarely available, 3 unit w/ loads of charm & character featuring an updated 3 bed/1 bath potential owners unit w granite counter-tops, stainless-steel appliances, washer/dryer, wide-pine floors, architectural glass front door and parking for 1-2 cars. Private backyard oasis/patio for entertaining or just a place to chill and relax. Unit 2 & Unit 3 are small and easy to manage 2 bed,1 bath units. Current rents are below market. Perfect opportunity for buyer to make a some cosmetic improvements and live in one unit while collecting rent from the other units. All units have separate electric. CURRENT Rent Roll = $64,800; CURRENT Operating Expenses = @ $16,000; Net Operating Income $48,800 - Represents a 7% Cap Rate. Projected Income should be closer to $75,000 with some cosmetic improvements. Opportunity to Airbnb or Condo Convert as well with city approval.
Neighborhood & Transit
61 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:
- 1365 days
- Listing Price:
- $675,000
- Price per Sq.Ft:
- $273
- Tax Assessment:
- $520,900 in 2023
- Taxes:
- $709 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 3
- Half Bathrooms
- 0
- Living Area
- 2,472 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 2472
- 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
- 2,840 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 1 Parking Space
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
- Lux Realty North Shore
- MLS PIN #
- 73076886