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.
2,720 Sq Ft
6,810 Sq Ft Lot Size
Investment
$10,208 Annual Tax
Built in 1870
MLS/Listing ID 73460682
6 Stories
3 Units
Community - Highway Access
Deck
Community - Laundromat
Community - Walk/Jog Trails
Granite
Shingle
1 to 2 Mile To Beach
Beach Ownership - Public
Lake/Pond
Community - Shopping
Community - Public Transportation
Construction - Frame
Balcony
Lot - Corner Lot
Parking - Paved
Parking - Off Street
Porch