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32 Market St, Newburyport, MA, 01950

11beds
11baths
5,903sqft
$3,200,000
$542price/sqft
$20,531/moest. monthly cost
$821,240/yrincome needed

About This Home

TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.

Getting Around

97
WalkingWalker's Paradise
0
TransitVery Limited Transit
61
BikeBikeable

Schools

7/10
10/10
Newburyport High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1850

Materials

  • Foundation: Stone

Type & Style

  • Home type: MultiFamily
  • Property subType: 5-9 Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 11
  • Full bathrooms: 11

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area above ground: 5,903

Interior Area

  • Total structure area: 5,903
  • Total interior livable area: 5,903 sqft

Property

Details

  • Parcel number: M:0047 B:0051 L:0000,2087444
  • Zoning: CW

Features

  • Has view: Yes
  • View description: City View(s)
  • Waterfront features: Ocean,River,1 to 2 Mile To Beach,Beach Ownership(Public)

Lot

  • Lot size: 3,560 sqft
  • Features: Level