$775,000
$825,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
23 Madison Newburyport, MA 01950
5 Beds
5 Baths
2,504 SqFt
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,504 sqft
Price per Sqft $309
MLS Listing ID 72338159
Sold Date 06/29/18
Bedrooms 5
Full Baths 5
Year Built 1850
Annual Tax Amount $8,184
Tax Year 2018
Lot Size 3,484 Sqft
Acres 0.08
Property Description
Charming 4-unit Multifamily (identified in public records as a 5-unit) in Newburyport’s historic south end in the city's favorite Joppa neighborhood, enjoying ocean breezes and glimpses of the Merrimac. Impeccably maintained with solid rental history from the 4, 1-bedroom units grossing $55,200 annually and currently offered well under market rates. Located steps away from the just opened final stage of the Clipper City Rail Trail with easy access to the waterfront and downtown shops and restaurants, as well as the MBTA train station with daily service to Boston’s South Station. Drop your kayak in at the public boat ramp steps from your front door and explore the dazzling coast, winding your way through Joppa Flats and the tributaries of the Parker and Merrimac Rivers. Property is ideal for investment or condo conversion, with separate utilities and new boilers, and with their own individual storage spaces located in full basement. Off street tandem parking for 4. Borders Hale Park.
Location
State MA
County Essex
Zoning R-3
Direction Right on Madison just before Hale Memorial Park and across from public boat ramp on Water Street.
Rooms
Basement Full, Bulkhead, Concrete, Unfinished
Interior
Interior Features Unit 1(Bathroom With Tub & Shower), Unit 1 Rooms(Kitchen, Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
Heating Baseboard, Unit 1(Hot Water Baseboard, Gas)
Flooring Wood, Hardwood, Pine, Unit 1(undefined)
Appliance Unit 1(Range, Refrigerator), Gas Water Heater
Exterior
Exterior Feature Garden, Unit 1 Balcony/Deck
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Waterfront false
Waterfront Description Beach Front, Ocean, Beach Ownership(Public)
View Y/N Yes
View Scenic View(s)
Roof Type Shingle
Parking Type Off Street, Tandem
Total Parking Spaces 4
Garage No
Building
Story 6
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Schools
Elementary Schools Bresnahan
Middle Schools Nock
High Schools Newburyport
Others
Senior Community false
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Bought with Bentley's • Bentley's