MA
Essex
Newburyport
01950
11 Charter St
11 Charter St, Newburyport, MA 01950
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Listing Type
Multi Family
Listing Status
Active
22
$3,600,000

Home Details for 11 Charter St

Price
$3,600,000
Type
Residential Income
Bedrooms
16
Bathrooms
16.0
Square feet
5527
Year built
1869
Lot size acres
0.1
County
Essex
Total rooms
16
Garage
Basement
Full
Days on site
37
MLS Listing#
73450760
Property Description

A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager’s office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation.Over $650,000 in gross revenue over the last operating year, reflecting over 50% YOY growth. Full financials, T12 bookkeeper verified.

Property Features
  • House Interior
    • Storage
    • High Speed Internet
    • Smart Thermostat
  • Waterfront and Water Access
    • Ocean Front
    • River Front
  • Cooling Information
    • None
    • Ductless
  • Heating Information
    • Electric
    • Ductless
  • Parking
    • Paved
    • Off Street
  • Water Features
    • Public
  • Basement
    • Full
Listing Courtesy: Keller Williams Realty Evolution - 978-992-4050
Presented by: Christian Smith
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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