11 Charter Street

Newburyport, MA 01950

$655,000
Last Sold Price
13
Beds
3
Baths
1
1/2 Bath
4,096 Sq. Ft.
$160 / Sq. Ft.
4,096
Sq. Ft.
$160
per Sq. Ft.

Description

Location, Location, Location! This 4000+ sq. ft. boarding house is in the heart of downtown Newburyport. Contractors take notice-many opportunities. Currently generates income between $68K-$74K/yr as a boarding house. Each bedroom rents for $110/week and the efficiency rents for $125/week. There are 2 vacant rooms at this time. It's equipped with a sprinkler system and central smoke alarm system that connects directly to the Newburyport fire dept. There are 6 off-street parking spaces. SHOWINGS ONLY...Location, Location, Location! This 4000+ sq. ft. boarding house is in the heart of downtown Newburyport. Contractors take notice-many opportunities. Currently generates income between $68K-$74K/yr as a boarding house. Each bedroom rents for $110/week and the efficiency rents for $125/week. There are 2 vacant rooms at this time. It's equipped with a sprinkler system and central smoke alarm system that connects directly to the Newburyport fire dept. There are 6 off-street parking spaces. SHOWINGS ONLY during open houses scheduled for June 11th & 12th from 5-6 PM. ALL OFFERS TO BE SUBMITTED BY MONDAY June 16th by 6 PM.
  1. Listed by Melinda Fields • Coldwell Banker Realty - Newburyport

Property Details for 11 Charter Street

Town
Newburyport
Area
MA-Newburyport
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Coldwell Banker Realty - Newburyport, Melinda Fields

Sold By William Raveis Real Estate, Cheryl Caldwell

Add your commute
LISTING UPDATED: 08/06/2022 06:01 AM

Property Details for 11 Charter Street

StatusSold
MLS #71693455
Days on Market19
Taxes$6,825 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - Rooming House
Year Built1869
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Newburyport, Melinda Fields

Sold By William Raveis Real Estate, Cheryl Caldwell

Add your commute

Building Information for 11 Charter Street

Stories3Residences13Year Built1869Building Size-Lot Size0.10 AC / 4,492 SF

Payment Calculator

$4,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,575

Property Taxes

$569

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 Charter Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Current Financing: Conv. Fixed
  • Living Area: 4096.0
  • Total Units: 13
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: No
  • Fireplaces: 0
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Existing Lodging License for current owner in place. Buyer must apply for Lodging License with City of Newburyport.
Tax Information
  • Tax ID: 2084632
  • Assessments: $482,000
  • Book: 25788
  • Tax Year: 2014
  • Zoning: B2
Building / Association Information
Living Characteristics
  • Beds Total: 13
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 1188.0
Income / Expenses
  • GOI: $10,560.00
  • NOI: $10,560.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $5,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 1.0

Property History for 11 Charter Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 Charter Street

Taxable ValueLand$489,300Additions$873,400Total$1,362,700
Tax Record2024$13,586 ($1,132 / month)
Home Facts
Baths15Total Finished SqFt4,184 SqFtAbove Grade Finished SqFt4,184 SqFtStories3Lot Size4,492 SqFtStyleMulti-Family Res (5+ Units)Year Built1869CountyESSEXAPNNEWP M:0006 B:0035 L:0000

Schools near 11 Charter Street

This home is within Newburyport School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Francis T Bresnahan Elementary School
PublicPK to 3

Edward G. Molin Elementary School
Public4 to 5

Rupert A Nock Middle School
Public6 to 8

Newburyport High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty - Newburyport, Melinda Fields

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.