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$965,500
6
Beds
3/2
Baths
2,720
Living Area
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Property Description
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.
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Highlights
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1870
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 16
- Status: Closed
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Additional Details
- Basement: Full
- Exterior Features: Balcony
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Granite
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R8
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Amenities
- Community Features: Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Highway Access
- Parking Features: Paved Drive, Off Street
- Covered Parking Spaces: 1
- Waterfront Features: Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $667,200
- Taxes: $10,208
- Tax Year: 2025
- Total Rent: $7,375
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of RE/MAX Partners.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
