11 Charter St
newburyport, MA 01950$3,600,000
- 16 BR16 BAAPPROX. 5,527 SF
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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 50% YOY growth. Full financials, T12 bookkeeper verified.
Details
5,527 Sq Ft
4,380 Sq Ft Lot Size
Investment
$14,047 Annual Tax
Built in 1869
MLS/Listing ID 73450760
5 Stories
16 Units
Amenities & Features
Heating - Common Heat Source
Heating - Unit Control
Heating - Wall Unit
Bathroom with Shower Stall
Upgraded Countertops
Living Room
Office/Den
Stone/Granite/Solid Countertops
Studio
Upgraded Cabinets
Deck - Vinyl
Shingle
Beach Ownership - Public
Ocean
River
Community - Marina
Community - Golf
Construction - Frame
Cooling - Ductless
Rain Gutters
Fenced
Natural Wood
Tile
Hardwood
Concrete Perimeter
Heating - Individual
Heating - Electric
Heating - Ductless
Storage
Smart Thermostat
High Speed Internet
Gas Dryer Hookup
Lot - Level
Lot - Cleared
Parking - Paved
Parking - Off Street
Screens
Refrigerator
Range
Oven
Microwave
Freezer
Community - Tennis Courts
Community - Shopping
Community - Public Transportation
Community - Park
Cooling - Unit Control
Cooling - Individual
Cooling - Common
Community - Walk/Jog Trails
Community - T-Station
Community - Public School
Community - Private School
Community - Medical Facility
Community - Laundromat
Community - House of Worship
Community - Highway Access
Community - Bike Path
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