$1,250,000 ($501.81 per sqft)

Est. Mortgage $6,239/mo *

Quick Pre-Approval

23 State Street, Newburyport, MA, 01950

23 State Street, Newburyport, MA, 01950

9 rooms

3 beds

3 Full baths

1800

2,491 sqft

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.


Status:

Active

Type:

Multi-family

Laundry Remarks:

Electric Dryer Hookup, Washer Hookup

Units:

5

Zoning:

B2 DOD

Levels:

12

Parking:

On Street

Acreage:

0.07

Est. Taxes:

$6,245

Assessment

$626,400

Construction

Brick

Utilities

for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Lot Description:

Other

Amenities:

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

Elementary School:

Newburyport

Middle School:

Newburyport

High School:

Newburyport

MLS #:

73315747

Compensation Based On:

Net Sale Price


Community Info

School Info

Walk Score

Mass Transit

Yelp



Listing courtesy of The Bakhtiari Group, Compass Phone: 978-248-8081