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$3,299,000
Est. payment /mo
14 Beds
13.5 Baths
9,955 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 9,955 sqft
Price per Sqft $331
MLS Listing ID 73424701
Bedrooms 14
Full Baths 13
Half Baths 1
Year Built 1874
Annual Tax Amount $33,747
Tax Year 2026
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Turn-key 12-unit multifamily in downtown Amesbury. Main building: 11 units in a beautifully maintained Victorian-era hotel with original ornate details, plus a detached 2BR/2.5BA home (2009 conversion) with all separate utilities. Extensive capital improvements completed in recent years with no deferred maintenance—buyer can expect minimal upkeep for years ahead. Four units renovated by Ricci Design-Build in the last 5 years with high-end finishes; 4 more units plus the single family updated by prior owner. Well-maintained gas heating systems, private parking, and income-producing laundry. Quiet, responsible tenants, many long-term, ensure stable occupancy and cash flow. Desirable walkable location with on-site handyman. Fully leased, cash-flowing, and poised for further upside with some below-market rents. Financials available upon request.
Location
State MA
County Essex
Direction Just North of Amesbury Center rotary on the corner of Fruit St. 7 Market St. on the right.
Rooms
Basement Full
Exterior
Roof Type Shingle,Rubber
Total Parking Spaces 12
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Stone, Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by William C. Ricci
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