Sold
5-7 Ashland Ct, Newburyport, MA
Newburyport · MA 01950
- $1,125,000
- Price
- 8
- Beds
- 4
- Baths
- 3400
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1870
Units:
3 Units
Lot size:
0.3 Acre Lot
Price per square foot:
$331 / Sq.Ft
Parking:
8 Off Street Spaces
About this home
EXCEPTIONAL INVESTMENT OPPORTUNITY - Turn-key three family in excellent condition located in one of Newburyport's finest neighborhoods with outstanding rental history, beautiful backyard, generous parking and high net operating income with a CAP rate over 6%. Major improvements include high-efficiency replacement windows, new siding, newer mechanical systems and granite counters. This well maintained multifamily features two side by side townhouses and a third open concept unit in back addition with potential loft space for extra storage or loft bedroom. Each unit comes equipped with their own washer / dryer and also offers separate utilities. Investor / buyer options abound with this property as an owner-occupied multi-family with positive cash flow, as an investment property with solid rental history and $83,400 in gross annual income or as an easy condo conversion. Don't let this opportunity pass you by. FIRST SHOWINGS AT INVESTOR OPEN HOUSE - Oct. 12th 11:00 AM to 1:00 PM
Neighborhood & Transit
5-7 Ashland Ct, 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:
- 2492 days
- Listing Price:
- $1,125,000
- Price per Sq.Ft:
- $331
- Tax Assessment:
- $588,900 in 2019
- Taxes:
- $642 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 3
- Half Bathrooms
- 2
- Living Area
- 3,400 Sq.Ft
- Broker Disclosure about Living Area
- Additional Storage and possible loft expansion on 7R. Color-coded floor plans attached to listing.
- 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
- 13,000 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
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
- Kevin Lawless
- Listing office
- Stone Ridge Properties, Inc.
- MLS PIN #
- 72567972
- Disclosure
- Additional Storage and possible loft expansion on 7R. Color-coded floor plans attached to listing.