Homes for sale - 11 Charter St, Newburyport, MA 01950

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Mon

Dec

Tue

Dec

Wed

Dec

Onest Realestate

[email protected] +1(833) 663-7802

$ 3,600,000

Est. payment | -/mo

16 Beds

16 Baths

5,527 SqFt

Save

$ 3,600,000

Est. payment | -/mo

Save

16 Beds

16 Baths

5,527 SqFt

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,527 sqft

Price per Sqft $651

MLS Listing ID 73450760

Bedrooms 16

Full Baths 16

Year Built 1869

Annual Tax Amount $14,047

Tax Year 2025

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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.

Location

State MA

County Essex

Zoning B2

Direction Sate St. left on Charter St.

Rooms

Basement Full

Interior

Interior Features Floored Attic, Storage, Studio, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/Den, Bathroom with Shower Stall, Smart Thermostat, Living Room, Kitchen

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

Cooling Common, None, Individual, Unit Control, Ductless

Flooring Tile, Hardwood, Wood, Stone/Ceramic Tile

Appliance Range, Oven, Microwave, Refrigerator, Freezer

Laundry Gas Dryer Hookup

Exterior

Exterior Feature Rain Gutters

Fence Fenced/Enclosed, Fenced

Community Features 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

Utilities Available for Electric Range, for Electric Oven, for Gas Dryer

Waterfront Description Ocean,River,Beach Ownership(Public)

Roof Type Shingle

Total Parking Spaces 6

Garage No

Building

Lot Description Cleared, Level

Story 5

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Keller Williams Realty Evolution

11 Charter St Newburyport, MA 01950