$580,000
$609,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
6 Baths
3,933 SqFt
SOLD DATE : 10/01/2018
Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,933 sqft
Price per Sqft $147
MLS Listing ID 72310238
Sold Date 10/01/18
Bedrooms 8
Full Baths 6
Year Built 1890
Annual Tax Amount $6,105
Tax Year 2018
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type 5-9 Family
Property Description
BACK ON MARKET - DUE TO BUYER'S FINANCING - 100% FULLY OCCUPIED BUILDING - 6 UNIT INVESTMENT PROPERTY IN DOWNTOWN AMESBURY!! - GROSS INCOME IS BELOW MARKET AND IS STILL OVER $60k PER YEAR!!! - Excellent Location, Walk to everything! Well-maintained 6-unit building in downtown Amesbury. 5 residential units and 1 commercial unit. Unit Mix consists of: (2) – 1 bedrooms and (3) – 2 bedrooms and (1) 600 sqft retail space. All units are rented! Located in town, just a few feet away to all that downtown Amesbury has to offer: shops, restaurants, breweries, coffee shops and more. Building is 100% occupied with mostly long term tenants. Below market rents, low operating expenses. See attached INCOME & EXPENSE BREAKDOWN. Tenants pay their own heat and electric. Property is priced to sell. 2 New Water Heaters recently installed. Potential to add Coin-Op Laundry On-Site to generate extra revenue. Need 48 hours to show
Location
State MA
County Essex
Zoning R8
Direction Google or Ask Jeeves
Interior
Flooring Wood
Appliance Gas Water Heater, Utility Connections for Gas Range
Exterior
Fence Fenced/Enclosed
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path
Utilities Available for Gas Range
Garage No
Building
Lot Description Zero Lot Line, Sloped, Steep Slope
Story 5
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
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Bought with Stephen Martin • Wellsco, LLC
GET MORE INFORMATION
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA