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Key Details
Sold Price $965,500
Property Type Multi-Family
Sub Type 3 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $354
MLS Listing ID 73460682
Sold Date 01/30/26
Bedrooms 6
Full Baths 3
Half Baths 2
Year Built 1870
Annual Tax Amount $10,208
Tax Year 2025
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type 3 Family
Property Description
Incredible investment opportunity in the heart of downtown Amesbury. The trifecta of multifamily ownership. Location, Turnkey Condition & Cash Flow. Fully occupied w/ strong rental history & separate utilities, making this a low-maintenance, plug-and-play income producer from day one. Works great for both 25% down investors & 5% down FHA owner-occupants. (*Projected Numbers: Rent Roll = $90,192; Operating Expenses = $20,525, Net Income = $69,667; Cap Rate = 8%) Live in one unit & let the others pay the mortgage, OR rent all units and maximize returns. Roof approx. 10 yrs old, newer boilers & hot water tanks, off-street parking, well-maintained throughout. A rare chance to own a cash-flowing property in one of Amesbury's most desirable walk-able locations. Numbers work. Cash flows. Turnkey. Don't miss it.
Location
State MA
County Essex
Zoning R8
Direction Google Maps
Rooms
Basement Full
Exterior
Exterior Feature Balcony
Garage Spaces 1.0
Community Features Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Highway Access
Waterfront Description Lake/Pond,1 to 2 Mile To Beach,Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 7
Garage Yes
Building
Lot Description Corner Lot
Story 6
Foundation Granite
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with The Carroll Group • RE/MAX Partners
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