32 Market St, Newburyport MA 01950
Newburyport, MA 01950
$3,200,000
Est. $17,432/month
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About this home
TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Apr 21, 2026
$3,200,000
Original listing
Agent: Alissa Christie
Office: RE/MAX Bentley's
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/21/2026 | 🏠 Listed for Sale | $3,200,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $12,607 | $1,316,000 |
Financial Details
Annual Property Tax
$12,607
Tax Year 2025
Assessed Value
$1,316,000
Facts & Features
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
1850
Living Area
5,903 sq ft
Lot Size
0.08 acres
Bedrooms
11
Full Baths
11
Total Rooms
25
Investment Metrics
Units
11
Unit 1 Rent
$1,940/mo · Y
Unit 2 Rent
$1,950/mo · Y
Total Monthly Rent
$3,890/mo
Gross Income
$23,280
Net Operating Income
$23,280
Cap Rate
0.73%
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Fireplaces
1
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Parking
Features
None
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$12,607
Assessed Value
$1,316,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Essex
Total market time (incl. prior listings)
4 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
1850
Bedrooms
11
Full Bathrooms
11
Living Area
5,903 sq ft
Total Rooms
25
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,903 sq ft above grade
Display Options
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
1850
Structure Type:
Exterior Materials:
Roof:
Foundation:
Stone
Stories:
3
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Parking & Garage
Parking Features:
Special Features
Fireplaces:
1
Fireplace Type:
Nearby Schools
School District
Newburyport School District local
A-
School Safety
2024-25
0.0%
Very Low (Safest)
5.5% below state avg
Elementary Schools
5 schools
Immaculate Conception School
0.2 mi
Grades K-08
A-
River Valley Charter School
0.6 mi
|
#82 of 352
|
Score: 51.5
Improved 66 spots from last year
-6.7 below state avg
288 students
Less Diverse
Rising School
Grades K-08
Newburyport Montessori School
0.2 mi
Grades PK-K
B+
Edward G. Molin Elementary School
0.6 mi
|
#255 of 824
|
Score: 52.3
Improved 21 spots from last year
-5.9 below state avg
310 students
Less Diverse
Rising School
Grades 04-05
A-
Francis T Bresnahan Elementary School
1.2 mi
|
#236 of 824
|
Score: 53.0
Improved 129 spots from last year
-5.2 below state avg
584 students
Less Diverse
Rising School
Grades PK-03
Middle Schools
1 school
A
Rupert A Nock Middle School
0.6 mi
|
#59 of 352
|
Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students
Less Diverse
Rising School
Grades 06-08
High Schools
1 school
A
Newburyport High School
0.6 mi
|
#48 of 346
|
Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students
Less Diverse
18 sports
• 1,722 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,051
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
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
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
32 Market St, Newburyport MA 01950
Newburyport, MA 01950
Listing Information
Listing Agent
Alissa Christie
Listing Office
RE/MAX Bentley's
Office Phone
978-572-1200
Agent MLS ID
CN204745
Office MLS ID
AN8279
Listing Data Updated
Apr 24, 2026 3:05 AM 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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