Sold

88 Water St, Newburyport, MA

Newburyport · MA 01950

$1,200,000
Price
8
Beds
5
Baths
3687
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 2,613 Sq.Ft Lot
Price per square foot: $319 / Sq.Ft
Parking: No Parking

About this home

Five Unit Mixed Use investment property, with 4 apartments & one retail space, presently a hair salon on a .06 acre lot. Current rents may be under market & the landlord pays for heat, making this a possible Value Add opportunity. The property is serviced by oil-fired hot water heat, separate hot water heaters & electric meters for each unit & city water. According to public records, the structure has clapboard siding, asphalt shingles & plastered walls. This property has been de-leaded & recent capital improvements include a new roof, windows, furnace & electric service. The salon space was updated in 2014 including their own heat pump. Street & municipal parking are available. Current tenants are TAW. All information was obtained from the owner, public records & sources deemed to be trustworthy. Prospective buyers are encouraged to perform all due diligence necessary to confirm measurements, zoning, suitability for the buyer's intended purpose. DO NOT inquire within. 24-hour notice.

Neighborhood & Transit

88 Water 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:
2112 days
Listing Price:
$1,175,000
Price per Sq.Ft:
$319
Tax Assessment:
$597,400 in 2020
Taxes:
$640 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,687 Sq.Ft
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
110 Volts

Exterior Features

Lot Size
2,613 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
Faulkner Commercial Group
Listing office
Keller Williams Realty
MLS PIN #
72753458