5-7 Ashland Ct, Newburyport, MA 01950 | MLS 72567972 | Listing Information | Bowes Real Estate

5-7 Ashland Ct,  Newburyport MA, 01950

(Pending)
$1,125,000
|
8 beds, 3 Full/2 Half baths, 3,400 sqft
|
MLS# 72567972
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Last Updated: 11/20/2019 10:59 PM
Description for 5-7 Ashland Ct Newburyport, MA 01950
EXCEPTIONAL INVESTMENT OPPORTUNITY - Turn-key three family in excellent condition located in one of Newburyport's finest neighborhoods with outstanding rental history, beautiful backyard, generous parking and high net operating income with a CAP rate over 6%. Major improvements include high-efficiency replacement windows, new siding, newer mechanical systems and granite counters. This well maintained multifamily features two side by side townhouses and a third open concept unit in back addition with potential loft space for extra storage or loft bedroom. Each unit comes equipped with their own washer / dryer and also offers separate utilities. Investor / buyer options abound with this property as an owner-occupied multi-family with positive cash flow, as an investment property with solid rental history and $83,400 in gross annual income or as an easy condo conversion. Don't let this opportunity pass you by. FIRST SHOWINGS AT INVESTOR OPEN HOUSE - Oct. 12th 11:00 AM to 1:00 PM
Price
$1,125,000
Essex
8
3 Full/2 Half
3,400 (approx)
72567972
Pending
Description
EXCEPTIONAL INVESTMENT OPPORTUNITY - Turn-key three family in excellent condition located in one of Newburyport's finest neighborhoods with outstanding rental history, beautiful backyard, generous parking and high net operating income with a CAP rate over 6%. Major improvements include high-efficiency replacement windows, new siding, newer mechanical systems and granite counters. This well maintained multifamily features two side by side townhouses and a third open concept unit in back addition with potential loft space for extra storage or loft bedroom. Each unit comes equipped with their own washer / dryer and also offers separate utilities. Investor / buyer options abound with this property as an owner-occupied multi-family with positive cash flow, as an investment property with solid rental history and $83,400 in gross annual income or as an easy condo conversion. Don't let this opportunity pass you by. FIRST SHOWINGS AT INVESTOR OPEN HOUSE - Oct. 12th 11:00 AM to 1:00 PM
Listing Information
Property Type: Multi-Family, Triplex, 3 Story
8 3 Full/2 Half
16 0.3 Acres 3,400 (approx)
$330.88 1870 3
Frame, Brick
Brick
Gas Water Heater, City
City Sewer
Circuit Breaker Box, 100 Amps, Individual Electric Meters
3 Total
Neighborhood
Room Information
Bathrooms
3 2
Kitchen, Laundry Room, Living Room, Living/Dining Combo
Formal
Interior Features
Range, Dishwasher, Microwave, Refrigerator
Carpet Wall to Wall, Wood
Window Air Conditioning
Gas Heat, Electric Heating, Hot Water, Forced Air, Baseboard
Full
2, Wood-burning
Cathedral/vaulted Ceiling, Storage, Open Floor Plan
Exterior / Lot Features
8 Parking Spaces, Off Street
Brick, Frame
Patio
Fiber shingle
R2
Gentle Slope
Tennis Court, Biking/Fitness Trail, Insulated Doors, Garden, Sidewalks, Public Transport, Close To Shops, Park Adjacent, Conservation Area, Highway Access, Gentle Slope, Public Roads, Paved Road, Community Maintenance, Dead End, Clear lot
Community Features
Community Tennis
Driving Directions
High Street or Merrimac Street to Ashland Street to Ashland Court
Financial Considerations
M:0068 B:0150 L:0000
$7,703
2019
Listing Price History

Newburyport Real Estate

Newburyport is located in Massachusetts. Newburyport, Massachusetts 01950 has a population of 17,848.

The median household income for the surrounding county is $61,268 compared to the national median of $49,877. The median age of people living in Newburyport 01950 is 42 years.

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Courtesy: Kevin Lawless - STONE RIDGE PROPERTIES, INC.
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 its 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.
This content last refreshed on 11/20/2019 10:59 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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