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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.
General Information for 102 Market St Amesbury, MA 01913 |
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| Town | Amesbury |
| County | Essex |
| Stories | 6 |
| SQFT | 2,720 |
| Status | Available |
| Listing Number | 73460682 (MLSPIN) |
Rooms Information for 102 Market St Amesbury, MA 01913 |
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Interior Information for 102 Market St Amesbury, MA 01913 |
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| Basement | Full |
Exterior Information for 102 Market St Amesbury, MA 01913 |
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| Lot Size | 0.16 acres |
| Lot Description | Corner Lot |
| Construction | Frame |
| Garage | 1 Car Garage |
| Parking | Spaces: 6 Paved Drive Off Street |
| Lot | Corner Lot |
| Water | Public |
| Sewer | Public Sewer |
| Exterior Features | Balcony |
Neighborhood Information for 102 Market St Amesbury, MA 01913 |
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| Neighborhood Amenities | Public Transportation Shopping Walk/Jog Trails Laundromat Highway Access |
Miscellaneous Information for 102 Market St Amesbury, MA 01913 |
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| Year Built | 1870 |
| Association Fee | 0 |
| Taxes | $10,208 /Yr |
| Comp | |
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| Condo | Data |
|---|---|
| Units | 5,552 |
| Avg Price | $947,209 |
| Avg Days Listed | 119 |
| Total New Listings | 5 |
| House | Data |
|---|---|
| Units | 9,346 |
| Avg Price | $1,198,864 |
| Avg Days Listed | 105 |
| Total New Listings | 3 |
| Multi-Family | Data |
|---|---|
| Units | 1,915 |
| Avg Price | $1,332,911 |
| Avg Days Listed | 123 |
| Total New Listings | 2 |
For a more detailed market analyis one of our real estate agents can provide you with a full report.
| Address | Closing Date | List Price | Closing Price | % of List Price |
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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.
(AN8387/BB809399)
