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23 State St, Newburyport, MA

Newburyport · MA 01950

$1,200,000
Price
3
Beds
3
Baths
2491
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1800
Units: 5 Units
Lot size: 3,088 Sq.Ft Lot
Price per square foot: $502 / Sq.Ft
Parking: No Parking

About this home

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.

Neighborhood & Transit

23 State St, Newburyport · MA 01950

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:
708 days
Listing Price:
$1,250,000
Price per Sq.Ft:
$502
Tax Assessment:
$626,400 in 2024
Taxes:
$520 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,491 Sq.Ft
Broker Disclosure about Living Area
Square footage is approximate, and includes sqft in both lofts. Buyer to do own due diligence.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2491
Flooring
Unknown
Lead paint
Unknown

Utilities

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

Exterior Features

Lot Size
3,088 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
The Bakhtiari Group
Listing office
Compass
MLS PIN #
73315747
Disclosure
Square footage is approximate, and includes sqft in both lofts. Buyer to do own due diligence.