316 Main Street

Rowley, MA 01969

$865,000
Price
6
Beds
3
Baths
3,435 Sq. Ft.
$252 / Sq. Ft.
3,435
Sq. Ft.
$252
per Sq. Ft.

Description

Unusual and excellent chance to own this roomy three-unit building in a town where multi-family homes are extremely rare! Easy drives to the active downtowns of both Newburyport and Ipswich. Short trips to ocean beaches at Plum Island/Salisbury/Hampton Beach. Boston train a mile away. Brand new six-bedroom septic system, brand new gas-fired heating system, newer roof, newer chimney caps. Exterior freshly painted, handsome landscaping + plenty of parking for tenants and guests. Eat-in kitchens. Each...Unusual and excellent chance to own this roomy three-unit building in a town where multi-family homes are extremely rare! Easy drives to the active downtowns of both Newburyport and Ipswich. Short trips to ocean beaches at Plum Island/Salisbury/Hampton Beach. Boston train a mile away. Brand new six-bedroom septic system, brand new gas-fired heating system, newer roof, newer chimney caps. Exterior freshly painted, handsome landscaping + plenty of parking for tenants and guests. Eat-in kitchens. Each apartment has a washer and dryer (4 years old). Lovely pine and fir floors, large yard /garden space. Two of the units are tenanted; as much notice as possible is appreciated. Heat is included in the rent; each unit has its own thermostat. The vacant unit rent is estimated; so same on annual income. Many, many excellent upgrades in the past six months. Pre-approved/pre-qualified buyers only! No showings 3/27 through 3/31.
  1. Listed by Patricia L. Skibbee • River Valley Real Estate
  2. Listed by River Valley Real Estate Team • River Valley Real Estate

Property Details for 316 Main Street

Town
Rowley
Area
MA-Rowley
Style
Garden
Garage Spaces
0
Parking Spaces
8.00
Parking Spaces Total
8

Location

Listing Courtesy of River Valley Real Estate, Patricia L. Skibbee; River Valley Real Estate, River Valley Real Estate Team
Add your commute
LISTING UPDATED: 04/02/2024 04:39 PM

Property Details for 316 Main Street

StatusUnder Agreement
MLS #73215233
Days on Market12
Taxes$8,368 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family - 3 Units Up/Down
Year Built1724
CountyEssex County

Location

Listing Courtesy of River Valley Real Estate, Patricia L. Skibbee; River Valley Real Estate, River Valley Real Estate Team
Add your commute

Building Information for 316 Main Street

Stories4Residences3Year Built1724Building Size-Lot Size4.00 AC / 174,240 SF

Payment Calculator

$5,418 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,721

Property Taxes

$697

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 Main Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • Living Area: 3435.0
  • Color: white
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Pine Grove
  • High School: Triton
  • Middle School: Triton
Features
Interior Features
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement Features: Full, Bulkhead, Unfinished Basement
  • Num of Baths: 3.0
  • Num of Full Baths: 3
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 3.00
  • Bathrooms Total Integer: 3
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Varies, Laminate
  • Interior Features: Pantry, Living Room, Kitchen, Office/Den
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Storm Window(s), Screens
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters, Garden
  • Exterior Features: Screens, Garden Area
  • Lot Description: Level
  • Other Structures: Shed(s)
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Common, Stone/Gravel
  • Parking Features: Off-Street, Common, Stone/Gravel
  • Parking Features: Off-Street, Common, Stone/Gravel
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Central, Natural Gas
  • Heating: Yes
  • Sewer: Private Sewerage
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Great location in a solid town. Rent for #1 and #3 are a bit below market. The fireplaces are decorative.
Tax Information
  • Tax ID: 2124706
  • Assessments: $691,600
  • Book: 37921
  • Lot: 5
  • Map: 27
  • Tax Year: 2024
  • Zoning: outlying
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Frontage: 200.00
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 1
  • Heat Zones: 1
Income / Expenses
  • Electricity: $.00
  • Annual Expenses Source: Owner
  • GOI: $73,800.00
  • Gross Scheduled Income: $.00
  • Insurance: $3,585.00
  • GRE: $14,750
  • HTE: $3,000
  • MGF: $0
  • MSE: $0
  • RFS: $910
  • RME: $1,500
  • NOI: $58,140.00
  • Operating Expense: $14,750.00
  • WSE: $2,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,900.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 316 Main 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 316 Main Street

Taxable ValueLand$320,000Additions$371,600Total$691,600
Tax Record2024$8,368 ($697 / month)
Home Facts
Baths3Total Finished SqFt3,435 SqFtAbove Grade Finished SqFt3,435 SqFtStories3Lot Size174,127 SqFtStyleTriplexYear Built1900CountyESSEXAPNROWL M:0027 B:0005 L:0000Fireplace TypeHas Fireplace

Schools near 316 Main Street

This home is within Triton School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Pine Grove
PublicPK to 6

Triton Regional Middle School
Public7 to 8

Triton Regional High School
Public9 to 12

Newbury Elementary School
PublicPK to 6

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.

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Listing Courtesy of River Valley Real Estate, Patricia L. Skibbee; River Valley Real Estate, River Valley Real Estate Team

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.