Price Reduction
Address
50 Market Street, Amesbury, MA
Price
$ 1,195,000
Property Attributes
- MLS#73202031
- TypeContingent
- CountyESSEX
- CityAmesbury
- Zip01913
- Style5+ Family - 5+ Units Side by Side
- Year Built1890
- Taxes$ 9592
- Price$ 1,195,000
- Bedrooms8
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3933
- Lot Size4,356 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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.
| Price History | |
|---|---|
| 2/13/2024 | Listed $1,300,000 |
| 3/26/2024 | 4% - $1,250,000 |
| 4/8/2024 | 5% - $1,195,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Zoning | 130 |
| Year Built | 1890 |
| Property SubType | 5+ Family - 5+ Units Side by Side |
| Tax Year | 2024 |
| Gross Income | 9695 |
| County | Essex |
| Net Operating Income | 26549 |
| Operating Expense | 17851 |
| Insurance Expense | 5576 |
| Property Type | Residential Income |
| Contingency | Inspection |
| Garage Y/N | No |
| Total Rooms | 16 |
| Status | Contingent |
| Directions | GPS |
| City | Amesbury |
| Senior Community Y/N | No |
| Total Units | 6 |
| Lot Size Square Feet | 4430 |
| Waterfront Y/N | No |
| Street Name | Market Street |
| Year Built Details | Actual |
| Tax Annual Amount | 9592 |
| Electric Expense | 671 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 2297 |
| Building Area Units | Square Feet |
| Standard Status | Active Under Contract |
| Year Built Source | Public Records |
| Tax Assessed Value | 612400 |
| Total Actual Rent | 9695 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Total Stories | 5 |
|---|---|
| Fireplace Y/N | No |
| Full Baths | 6 |
| Total Bedrooms | 8 |
| Total Baths | 6 |
Exterior Features
| Lot Features | Other |
|---|---|
| Water Source | Public |
| Lot Size Area | 0.1 |
| Foundation Details | Stone |
| Spa | No |
| Building Area Total | 3933 |
| Lot Size Acres | 0.1 |
| Lot Size Units | Acres |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Contingent Average in 01913
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - 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
