Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

11 Charter St

Newburyport, MA ID #73450760

Property Description

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.

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5+ Family - 5+ Units Up/Down
  • Zip Code: 01950
  • Taxes: 14,047
  • Levels: 5
  • Acres: 0.10

Parking

  • Garage Capacity: 6
  • Parking: Paved Drive, Off Street
  • Parking Spaces: 6

Rooms/Dimensions

  • Total Units: 16
  • Total Floors: 5
  • Total Rooms: 16

Location

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11 Charter St, Newburyport, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Christian Smith of Keller Williams Realty Evolution. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.