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50 Market Street

Amesbury, MA 01913
  • $1,195,000
  • STATUS: Price Changed
  • MLS #: 73202031
$1,195,000
  • 8
    BEDS
  • 0.1
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 3,933
    SQFT
  • $304
    $/SQFT
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Listing courtesy of Magdiel Matias of Matias Realty, LLC.

Description

An exceptional investment opportunity to own a 6-unit in the heart of Amesbury! This property is a perfect addition to your portfolio, boasting 8 bedrooms, 6 bathrooms, a prime location, and a track record of reliable and steady renters. Situated in the sought-after area of Amesbury, 50 Market St. offers a strategic investment in a thriving community. The property's existing tenants provide a stable income stream, making it an ideal choice for savvy investors looking to enhance their real estate portfolio. One of the key features of this investment is the potential for rent growth. With a carefully curated property management strategy, you can capitalize on the area's upward trend in rental rates, maximizing your return on investment.

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-04T00:06:27.963.
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50 Market Street Amesbury, MA 01913

  • Price: $1,195,000
  • Status: Price Changed
  • On Site: Days
  • MLS #: 73202031
8
Beds
6
Baths
0
½ Baths
0.1
Acres
3,933
SQFT
$304
$/SQFT
1890
Built
County:
Essex
Property Description
An exceptional investment opportunity to own a 6-unit in the heart of Amesbury! This property is a perfect addition to your portfolio, boasting 8 bedrooms, 6 bathrooms, a prime location, and a track record of reliable and steady renters. Situated in the sought-after area of Amesbury, 50 Market St. offers a strategic investment in a thriving community. The property's existing tenants provide a stable income stream, making it an ideal choice for savvy investors looking to enhance their real estate portfolio. One of the key features of this investment is the potential for rent growth. With a carefully curated property management strategy, you can capitalize on the area's upward trend in rental rates, maximizing your return on investment.
Exterior Features

Covered Spaces 0 Garage YN No Lot Features Other Parking Total 0 Spa YN No Waterfront YN No

Interior Features

Building Area Total 3933 Fireplace YN No Fireplaces Total 0 Foundation Details Stone Lead Paint Unknown Rooms Total 16

Property Features

Buyer Agency Compensation 2% Electric Expense 671 Gross Income 9695 Home Warranty YN No Insurance Expense 5576 Net Operating Income 26549 Operating Expense 17851 Property Sub Type 5+ Family - 5+ Units Side by Side Senior Community YN No Sewer Public Sewer Tax Annual Amount 9592 Tax Year 2024 Total Actual Rent 9695 Transaction Broker Compensation 1% Water Sewer Expense 2297 Water Source Public Year Built Details Actual Zoning 130

Listing information © 2024 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Magdiel Matias of Matias Realty, LLC: 978-208-1472.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2024-04-04T00:06:27.963.
 
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77 State Road
Dartmouth MA, 02747
Listing courtesy of Magdiel Matias of Matias Realty, LLC.