$3,600,000 ($651.35 per sqft)

Est. Mortgage $17,267/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

11 Charter St, Newburyport, MA, 01950

11 Charter St, Newburyport, MA, 01950
View larger map Directions

16 rooms

16 beds

16 Full baths

1869

5,527 sqft

A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager’s office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation.Over $650,000 in gross revenue over the last operating year, reflecting over 50% YOY growth. Full financials, T12 bookkeeper verified.

Status:

Active

Type:

Multi-family

Laundry Remarks:

Gas Dryer Hookup

Units:

16

Zoning:

B2

Heating:

Common, Wall Unit, Electric, Individual, Unit Control, Ductless

Cooling:

Common, None, Individual, Unit Control, Ductless

Basement:

Full

Levels:

5

Parking:

6-car, Paved Drive, Off Street

Acreage:

0.1

Est. Taxes:

$14,047

Assessment

$1,466,300

Construction

Frame

Utilities

for Electric Range, for Electric Oven, for Gas Dryer

Lot Description:

Cleared, Level

Amenities:

Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Appliances:

Range, Oven, Microwave, Refrigerator, Freezer

MLS #:

73450760

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

Price Reduced!

$3,575,000

10 beds

6.5 baths

5,443 sqft

294 Commercial Street, Provincetown, MA, 02657

Price Reduced!

$3,900,000

10 beds

8 baths

10,318 sqft

5-7 Abbott Street, Wellesley, MA, 02482

$4,000,000

9 beds

13.5 baths

8,024 sqft

428-432 East Third Street, Boston, MA, 02127

Price Reduced!

$3,700,000

14 beds

6 baths

6,206 sqft

1789 Commonwealth, Boston, (Brighton's Cleveland Circle), MA, 02135

$3,995,000

7 beds

3.5 baths

4,642 sqft

30 Cumberland St, Boston, (South End), MA, 02115

Price Reduced!

$3,300,000

10 beds

8 baths

5,130 sqft

32 Cameron Avenue, Cambridge, MA, 02140

$3,995,000

2 beds

2.5 baths

7,576 sqft

305 Broadway, Cambridge, MA, 02139

$3,450,000

53,000 sqft

5-9 Rockville Park, Stoneham, MA, 02180

$3,950,000

24 beds

24 baths

18,903 sqft

48 Taunton Green, Taunton, MA, 02780

$3,400,000

15 beds

10 baths

6,191 sqft

266-274 River Street, Waltham, MA, 02453

$3,850,000

25 beds

22 baths

10,016 sqft

91-99 Garfield Street, Quincy, MA, 02169

$3,700,000

14 beds

11 baths

6,509 sqft

27 Dudley St, Boston, (Roxbury's Fort Hill), MA, 02119

Price Reduced!

$3,536,900

6 beds

5 baths

5,306 sqft

3 Colburn St, Gloucester, MA, 01930

$3,898,000

8 beds

9.5 baths

6,228 sqft

10 Washington Park, Newton, (Newtonville), MA, 02460

Price Reduced!

$3,850,000

15 beds

9 baths

6,168 sqft

47 Englewood, Boston, (Brighton's Chestnut Hill), MA, 02135

$4,000,000

7 beds

3.5 baths

4,344 sqft

482 Smith Neck Rd, Dartmouth, MA, 02748

New or Coming Soon Properties

New Listing!

$3,490,000

39 beds

27 baths

20,825 sqft

2 Ford St., Boston, MA, 02128

New Listing!

$2,999,000

8 beds

7 baths

4,117 sqft

123-125 Mount Vernon Street, Newton, MA, 02465

New Listing!

$3,000,000

19 beds

17 baths

9,896 sqft

50 E Main St, Orange, MA, 01364

New Listing!

$3,695,000

15 beds

9 baths

6,213 sqft

66 Lubec, Boston, MA, 02128


Listing courtesy of Christian Smith, Keller Williams Realty Evolution 978-992-4050