Welcome Home

88 Water StreetNewburyport, MA 01950Sale Price: $1,200,000

  • Sale Price: $1,200,000
  • 6 Days Since Sale
$
$
%
$/month over payments
Federal 30-year interest rate: 2.77% last updated on Jan 21, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,175,000List Price
  • 0.06Acreage
  • 3,687Square Feet
Sold

Listing Tools

Listed by Janet Faulkner of Keller Williams Realty Success

Listing Sold by
Fantastic 5 unit Mixed Use (Multi-Family/ Retail) investment property, with 4 apartments and one retail space presently fit up as a hair salon on a .06 acre lot. Current rents may be under market, and the landlord currently pays for heat, making this a possible Value Add opportunity. The property is serviced by oil-fired hot water heat, separate hot water heaters and electric meters for each unit, and city water. According to public records, the structure has clapboard siding, asphalt shingles, and plastered walls. Recent capital improvements include a new roof (2011), windows (2015), furnace (2016), and electric service (2015-2019). The salon space was updated in 2014 including their own heat pump. Street and municipal parking are available. All current tenants are TAW. All information was obtained from the owner, public records, and other sources deemed to be trustworthy. Prospective buyers are encouraged to perform all due diligence necessary to confirm measurements, zoning, suitability for the buyer's intended purpose, and all other aspects. 24-hour notice required, DO NOT approach any of the tenants.

Property Details of 88 Water Street

Property Details

Interior Features

Exterior Features

Other Details

Map Location

Driving Directions

Broker Reciprocity

Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated January 27, 2021.

 

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: