102 Market St, Amesbury, MA, MA 01913

Listing Courtesy of : Stephen Martin ---- Aluxety

Selling Office:

$965,500
6
BD
5
BA
2,720
SqFt

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Sold Price
$965,500
List Price
$889,000
Status
SOLD
MLS#
73460682
Bedrooms
6
Bathrooms
5
Full Baths
3
Half Baths
2
Living Area
2,720
Lot Size (Acres)
0.16
Year Built
1870

Property Description

Incredible investment opportunity in the heart of downtown Amesbury. The trifecta of multifamily ownership. Location, Turnkey Condition & Cash Flow. Fully occupied w/ strong rental history & separate utilities, making this a low-maintenance, plug-and-play income producer from day one. Works great for both 25% down investors & 5% down FHA owner-occupants. (*Projected Numbers: Rent Roll = $90,192; Operating Expenses = $20,525, Net Income = $69,667; Cap Rate = 8%) Live in one unit & let the others pay the mortgage, OR rent all units and maximize returns. Roof approx. 10 yrs old, newer boilers & hot water tanks, off-street parking, well-maintained throughout. A rare chance to own a cash-flowing property in one of Amesbury’s most desirable walk-able locations. Numbers work. Cash flows. Turnkey. Don't miss it.

Additional Information

Taxes
$10,208
Parking Description
Paved Drive, Off Street
Parking Features
Paved Drive, Off Street
Parking Spaces
6
Basement
Full
Water Source
Public
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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