23 State Street, Newburyport, MA 01950 – 73315747

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Lisa Sevajian

lisa.sevajian@compass.com +1(978) 457-3406

$ 1,250,000

Est. payment -/mo

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Pending

23 State Street Newburyport, MA 01950

3 Beds

3 Baths

2,491 SqFt

UPDATED:

12/20/2024 08:05 AM

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Pending

Purchase Type For Sale

Square Footage 2,491 sqft

Price per Sqft $501

MLS Listing ID 73315747

Bedrooms 3

Full Baths 3

Year Built 1800

Annual Tax Amount $6,245

Tax Year 2024

Lot Size 3,049 Sqft

Acres 0.07

Property Description

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.

Location

State MA

County Essex

Zoning B2 DOD

Direction Water Street to State Street. Property is on the 2nd and 3rd floors, above Paddle Inn and Carmines.

Interior

Flooring Hardwood

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Utilities Available for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Roof Type Tar/Gravel

Garage No

Building

Lot Description Other

Story 12

Foundation Concrete Perimeter, Brick/Mortar

Sewer Public Sewer

Water Public

Schools

Elementary Schools Newburyport

Middle Schools Newburyport

High Schools Newburyport

Others

Senior Community false

Listed by Compass

Lisa Sevajian

Agent | License ID: 95000355

+1(978) 457-3406

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Lisa Sevajian

23 State Street Newburyport, MA 01950

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23 State Street