Ellie DiPaolo - RE/MAX On The River

224 High St, Newburyport, MA 01950

Multi-Family

$674,900
Price

4
Units
3,315
Approx. GLA
Historic Newburyport attached 4 FAMILY on prestigious High Street. Perfect for OWNER OCCUPIED to live in nearly rent free or INVESTMENT w/ excellent rental history/long term tenants (current rents are below market) or potential CONDO CONVERSION! Blocks away from vibrant downtown Newburyport's waterfront parks, restaurants, shops, rail trail & so close to commuter routes 95/495, bus/train & Plum Island beaches. Charm & character throughout w/ high ceilings, beamed ceilings, wainscoting, hard wood floors, charming built-ins. Maintained/updated by sellers; new roof, new composite front porch/railings, newer gas HW heaters, many new windows, new bathroom, some newer flooring/updated kitchens, painted within 2 years. See detailed SPECIAL FEATURES/UPDATES & FLOOR PLANS! Deep lot, possibly add longer driveway/parking subject to town approvals. Needs some TLC/Updating. Priced below assessed value!
Open House
No scheduled Open Houses
Highlights
Terms: Contract for Deed
Basement Features: Full, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
List Price: $674,900
Type: Multi-Family
Multi-Family Type: 4 Family
Status: Active
Beds: 5
Baths: 4
Units: 4
Year Built: 1890
Year Round: Yes
Approx. GLA: 3,315
MLS#: 72345305
 
 
Interior
Basement: Yes
Electricity Cost: $600
Electric Features: Circuit Breakers, Individually Metered
Heating Units: 1
Heating Zones: 2
Flooring: Wood, Tile, Vinyl
Energy: Storm Windows, Storm Doors
Hot Water: Natural Gas, Electric, Tank
Rooms: 10
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 0.15
Lot Size: 6,500.00
Lot Description: Paved Drive, Gentle Slope, Level
Foundation: Fieldstone, Brick
Foundation Size: 97 x 22
Parking Spaces: 3
Parking Features: Off-Street, Tandem, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: White
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range, for Electric Dryer
Exterior: Wood
Exterior Features: Deck - Wood, Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $700,800
Taxes: $9,293
Tax Year: 2018
Book/Page: 31738/587
School
Middle School: Newburyport
High School: Newburyport
Beach
Beach: No
Expenses
Expenses Source: Owner Provided
Gross Income: $58,200
Gross Expenses: $6,267
Total Rent: $4,850
Net Income: $51,933
Heat Cost: $3,216
Insurance Cost: $2,200
Water Cost: $3,051
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
Exclusions: None.
Disclosure Declaration: No
Disclosure: Attached 4 family with 4 apartments. Tenants TAW. 1 heating system for 3 units; 4th studio unit elect heat. Separate newer electric panels. 3 newer gas HW heaters.1 year roof. Seller: Jodie L. Camp Trust to be sold "As Is". (FYI: 226 High St. attached; other owner rents out 3 condo units).
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 0 1 1 0 No 1 $1,950
Unit 2 4 1 0 2 1 0 No 2 $1,250
Unit 3 3 1 0 2 1 0 No 1 $950
Unit 4 2 1 0 1 1 0 No 1 $700
Units Extras
Unit 1
Rent Includes:  Heat, Water, Hot Water  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Oil  Interior:  Bathroom With Tub & Shower, Wood Flooring, Cable TV Available, Storage, Tile Floor  Rooms:  Living Room, Dining Room, Kitchen, Office/Den, Sunroom 
Unit 2
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Forced Air, Oil  Interior:  Bathroom With Tub & Shower, Open Floor Plan, Walk-Up Attic, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Heat, Water, Hot Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Forced Air, Oil  Interior:  Wood Flooring, Cable TV Available  Rooms:  Living Room, Kitchen 
Unit 4
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Refrigerator  Heating:  Electric Baseboard  Interior:  Bathroom with Shower Stall, Slider, Cable TV Available, Balcony/Deck  Rooms:  Living Room, Kitchen 
Map
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The listing office is RE/MAX On The River, Inc. and the listing agent is Diane Beekler. 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 it's 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. The data was last modified on 7/22/2018 10:35:00 AM.
 
Ellie DiPaolo
Ellie DiPaolo
REALTOR MA & NH, ABR, CDPE, Notary Public
RE/MAX On The River