Pending

Under Agreement

23 State Street

Newburyport MA, 01950

$1,250,000


$501.81 per sqft

Pending

Under Agreement

3 Beds

3 Baths

2,491 sqft

Multi-family

Built in 1800

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.

73315747

MLS ID

November 26, 2024

Listed

December 20, 2024

Updated

Map

23 State Street
Newburyport MA, 01950

Interior Features

Total Stories

12


Bedrooms

3


Total Bathrooms

3


Full Bathrooms

3


Laundry Description

Electric Dryer Hookup, Washer Hookup


Floor Description

Hardwood


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres


Lot Features

Other


Roof

Tar/Gravel


Sewer

Public Sewer

School Information

High School

Newburyport


Elementary School

Newburyport

Other Property Details

Taxes

$6,245


Tax Frequency

Annually


Days on Market

24


Garage

No


Parking

On Street


Parking Total

0


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

B2 DOD

Listing History

Date

Event

Price

12/20/2024

Pending

12/6/2024

Under contract

 

Courtesy of The Bakhtiari Group, Compass

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Data last updated 8:37 AM UTC, 12/20/2024

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