Turnkey 15-unit apartment building in the heart of downtown Newburyport. Each studio unit features modern finishes and is separately metered for utilities, with only water and sewer shared by the building. Currently operated as a “faceless” boutique hotel, the property includes Yale smart locks, a surveillance system, and a fully automated setup ideal for short- or long-term rental strategies. An Inn Holder’s License is available if desired, offering flexibility for hospitality or traditional multifamily use. Delivered unoccupied, this property presents an exceptional opportunity for investors seeking a ready-to-go income asset just steps from Newburyport’s vibrant shops, dining, waterfront, and commuter rail.