A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager’s office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation.Over $650,000 in gross revenue over the last operating year, reflecting over 50% YOY growth. Full financials, T12 bookkeeper verified.
11 Charter St, Newburyport MA 01950
Newburyport, MA 01950
School information not available
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 12/03/2025 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 11/03/2025 | 🏠 Listed for Sale | $3,600,000 | - | - | Original listing |
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