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11-13 Aubin St Amesbury, MA 01913
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Key Details
Sold Price $1,400,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $202
MLS Listing ID 73120103
Sold Date 06/29/23
Bedrooms 14
Full Baths 7
Year Built 1900
Annual Tax Amount $19,946
Tax Year 2023
Lot Size 0.600 Acres
Acres 0.6
Property Description
**INVESTMENT OPPORTUNITY** Purchase 7-units; one block from downtown Amesbury **Buy n Hold or Condo Convert or 1031Exchange. Consists of 2 adjacent buildings (4unit & 3-unit) one lot. 3 unit renovated in 2017. Each unit has 2 beds/1bath. Parking 14+ cars. Rents are below market - All but 1 tenant is TAW. Projected rents = $163,800/yr (ave $1,950/mo per unit) - See Projected Income & Expense Breakdown. Opportunity to add value by increasing rents to market rate. Potential to add building on lot. Buyer and/or buyer's agent responsible for their own due diligence. Seller and/or seller's agent make no warranties or representations on the accuracy of this information. Excellent location just one-block from shops, restaurants, breweries and all that Amesbury has to offer. 1st Group Tour starts prompt @ 2pm on Wednesday June 7th. Offers due June 9th by 5pm. Sorry, not able to accommodate earlier showings. Easy access to Routes 95, 495, and 110. Don't miss out on this opportunity.
Location
State MA
County Essex
Zoning R8
Direction Off Main Street
Rooms
Basement Full
Interior
Appliance Gas Water Heater
Basement Type Full
Exterior
Community Features Public Transportation, Shopping, Bike Path
Waterfront Description Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Total Parking Spaces 14
Garage No
Waterfront Description Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Building
Lot Description Wooded
Story 5
Foundation Concrete Perimeter, Block, Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Stephen Martin • Lux Realty North Shore