11 Charter St, Newburyport MA 01950

Newburyport, MA 01950
$3,400,000
Est. $18,563/month
16
Beds
16
Baths
5,527
Sq Ft
$615
Price/Sq Ft
0.10
Acres
1869
Year Built
6
Parking
10 hours 35 minutes
Time on Market
For Sale Listed Aug 10, 2026 • MLS# 73561596 Copied! • Updated Aug 10, 2026

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About this home

Back on market due to prior buyer’s failure to preform. Renovated 15-unit residential asset in downtown Newburyport, comprising 15 studio suites plus an owner/manager suite with full bath. Renovated within the past 3 years, each suite features hardwood flooring, tiled baths, updated cabinetry and countertops, smart-lock access, high-speed internet, and separately metered electric with individual controls. Building is fully sprinklered and includes a 50-year flat roof. On-site coin-operated laundry. A clean, modern, low-maintenance asset in a highly desirable downtown location near shops, restaurants, the waterfront, and the Clipper City Rail Trail.’

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Property History

Property Timeline

🏠
Listed for Sale
Aug 10, 2026
$3,400,000
Original listing
Agent: Christian Smith Office: Keller Williams Realty Evolution

Tax History

Year Taxes Assessment
2025 $14,047 $1,466,300

Financial Details

Annual Property Tax
$14,047
Tax Year 2025
Assessed Value
$1,466,300

Facts & Features

Home Facts

Type Residential Income
Style 5+ Family - 5+ Units Up/Down
Year Built 1869
Living Area 5,527 sq ft
Lot Size 0.10 acres
Bedrooms 16
Full Baths 16
Total Rooms 16

Investment Metrics

Units 16
Unit 1 Rent $2,263/mo · N
Unit 2 Rent $2,263/mo · N
Unit 3 Rent $2,263/mo · N
Unit 4 Rent $2,263/mo · N
Total Monthly Rent $9,052/mo
Gross Income $407,340
Net Operating Income $135,780
Cap Rate 3.99%
Heating Common, Wall Unit, Electric, Individual, Unit Control, Ductless
Cooling Common, None, Individual, Unit Control, Ductless
Flooring Tile, Hardwood, Wood, Stone/ceramic Tile
Appliances Range, Oven, Microwave, Refrigerator, Freezer
Fireplace None
Basement Full
Laundry Gas Dryer Hookup
Features Floored Attic, Storage, Studio, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/den, Bathroom With Shower Stall, Smart Thermostat, Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Rain Gutters, Sprinkler System
Pool None
Spa None
Fencing Fenced/enclosed, Fenced
Patio/Porch Deck - Vinyl
Features Paved Drive, Off Street
Total Spaces 6
Electric 220 Volts, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Gas Dryer

Financial

Annual Tax $14,047
Assessed Value $1,466,300
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures List Agent Relationship With Seller.
Possession None
Accepted Financing None
Structure Type []
House Color Gray
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate, buyer to verify and due own due diligence.
Documents None
County Essex

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1869
Bedrooms
16
Full Bathrooms
16
Living Area
5,527 sq ft
Total Rooms
16
Stories
5
Levels
5

Floor Layout

Interior Features

Flooring: Tile, Hardwood, Wood, Stone/Ceramic Tile
Appliances: Range, Oven, Microwave, Refrigerator, Freezer
Interior Features: Floored Attic, Storage, Studio, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/Den, Bathroom with Shower Stall, Smart Thermostat, Living Room, Kitchen
Windows: Screens
Basement: Full
Laundry: Gas Dryer Hookup
Security: Security System

Construction & Materials

Year Built: 1869
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 5

Heating, Cooling & Utilities

Heating: Common, Wall Unit, Electric, Individual, Unit Control, Ductless
Heating Zones: 18
Cooling: Common, None, Individual, Unit Control, Ductless
Cooling Zones: 16
Hot Water: Natural Gas, Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters, Sprinkler System
Patio & Porch: Deck - Vinyl
Fencing: Fenced/Enclosed, Fenced
Other Structures:
Lot Features: Cleared, Level
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $1,171
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

11 Charter St, Newburyport MA 01950

Newburyport, MA 01950

Listing Information

Listing Agent Christian Smith
Listing Office Keller Williams Realty Evolution
Office Phone 978-992-4050
Agent MLS ID CN229241
Office MLS ID AN6888
Listing Data Updated Aug 10, 2026 5:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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