333 Merrimac St, Newburyport, MA 1950 | MLS 72082534 | Listing Information | Bowes Real Estate Real Living | Real Living Real Estate
BOWES REAL ESTATE RealLiving 1010 Mass Ave Arlington Mass 02476
781-648-3500

333 Merrimac St,  Newburyport MA, 01950

3 beds , 2 Full baths
Status: Contingent
MLS#: 72082534
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BOWES REAL ESTATE RealLiving 1010 Mass Ave Arlington Mass 02476
781-648-3500

Listing Provided Courtesy Of: WELLSCO, LLC
Last Updated: 12/9/2016 6:21 PM
Description for 333 Merrimac St Newburyport, MA 01950
RARE OPPORTUNITY - BEST VALUE ON THE MARKET! - CURRENTLY 2 UNITS w/ Opportunity TO ADD 3rd UNIT!!! Well maintained Property. Both units in great condition. Great development opportunity for condo conversion OR hold and rent either 2 or 3 units. Cash Cow Potential. Across the street from the Merrimac River. Plenty of off street parking. Property is zoned R3 - Less than a mile to downtown Newburyport's shops, restaurants, all the wonderful events (1)-2bedroom unit, (1)-1bedroom unit. Gross rents are $32,400/ year with additional 3rd unit could be at least $48,000/year (PROJECTED). See attached proposed architect plans. All utilities have been separated. Both units are tenant at will and have been there for 3.5 years. Washer & Dryer in each unit.
Price
$439,000
Essex
3
2 Full
72082534
Contingent
Description
RARE OPPORTUNITY - BEST VALUE ON THE MARKET! - CURRENTLY 2 UNITS w/ Opportunity TO ADD 3rd UNIT!!! Well maintained Property. Both units in great condition. Great development opportunity for condo conversion OR hold and rent either 2 or 3 units. Cash Cow Potential. Across the street from the Merrimac River. Plenty of off street parking. Property is zoned R3 - Less than a mile to downtown Newburyport's shops, restaurants, all the wonderful events (1)-2bedroom unit, (1)-1bedroom unit. Gross rents are $32,400/ year with additional 3rd unit could be at least $48,000/year (PROJECTED). See attached proposed architect plans. All utilities have been separated. Both units are tenant at will and have been there for 3.5 years. Washer & Dryer in each unit.
Listing Information
Property Type: Other, 3 Story
3 2 Full
8 0.12 Acres $207.37
1933 3 Frame
Slab Foundation
Gas Water Heater
220v Service
2 Total
Neighborhood
Room Information
Bathrooms
2
Family Room, Kitchen, Living Room, Mud Room
Interior Features
Range, Dishwasher, Refrigerator, Washer, Dryer
Exterior / Lot Features
6 Parking Spaces, Off Street, Tandem, Paved Driveway, Unpaved
Frame
Enclosed, Screened-in
Fiberglass
R3
River, Beach, Water Front, River, Marina, Public Roads
Driving Directions
Merrimac street
Financial Considerations
M:0067 B:0008A L:0000
$5,088
2016
Listing Price History

Newburyport Real Estate

Newburyport is located in Massachusetts. Newburyport, Massachusetts 01950 has a population of 17,460.

The median household income in Newburyport, Massachusetts 01950 is $83,509. The median household income for the surrounding county is $66,918 compared to the national median of $53,046. The median age of people living in Newburyport 01950 is 46.5 years.

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Courtesy: WELLSCO, LLC Stephen Martin
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.
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443255 - BOWES REAL ESTATE RealLiving 1010 Mass Ave Arlington Mass 02476
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