32 Market St, Newburyport, MA, 01950
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
Walker's Paradise
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Earthquake
- Hurricane
- Inland Flooding
- Ice Storm
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,180 | $194,160 |
| Home Insurance * | $681 | $8,172 |
| Property Taxes | $2,506 | $30,072 |
| Electricity | $1,164 | $13,968 |
| Total | $20,531 | $246,372 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-21 | Listed for sale | $3,200,000 |
| 2023-04-02 | Listing removed | -- |
| 2023-03-30 | Listed for rent | $1,850 |
| 2022-07-21 | Sold | $2,675,000 |
| 2018-05-04 | Sold | $1,025,000 |
| 2009-10-02 | Sold | $763,000 |
| 1999-10-01 | Sold | $400,000 |
View on Zillow