Home Homes for Sale 11 Charter St, Newburyport MA 01950
$3,400,000
$615/sqft · Newburyport, MA
16Beds
16Baths
5,527Sqft
0.10 acresLot Size
11 Charter St, Newburyport MA 01950
Active Listed 24 days ago
5+ Family - 5+ Units Up/Down Built in 1869 0.10 Acre Lot 6 Parking Spaces

What's Special

5+ Family - 5+ Units Up/DownBuilt in 18696 Parking Spaces

Back on market due to prior buyer’s failure to preform. Renovated 15-unit residential asset in downtown Newburyport, comprising 15 studio suites plus an owner/manager suite with full bath. Renovated within the past 3 years, each suite features hardwood flooring, tiled baths, updated cabinetry and countertops, smart-lock access, high-speed internet, and separately metered electric with individual controls. Building is fully sprinklered and includes a 50-year flat roof. On-site coin-operated laundry. A clean, modern, low-maintenance asset in a highly desirable downtown location near shops, restaurants, the waterfront, and the Clipper City Rail Trail.’

Location

Property Details

Core Details

Property Type5+ Family - 5+ Units Up/Down
Year Built1869
Parcel NumberM:0006 B:0035 L:0000,2084632
ZoningB2
Stories5
MLS #73561596

Space & Sizing

Living Area5,527 sqft
Above Grade5,527 sqft
Below Grade1,300 sqft
Total Rooms16
Bedrooms16
Bathrooms16
Lot Size0.10 acres

Features & Systems

Parking6 Parking Spaces
Open Parking6
Cooling16 Zones
Heating18 Zones
ConstructionFrame
FoundationConcrete Perimeter
RoofShingle
CoolingCommon, Ductless, Individual, None, Unit Control
Electric220 Volts, Individually Metered
HeatingCommon, Ductless, Electric, Individual, Unit Control, Wall Unit
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Freezer Microwave Oven Range Refrigerator
Community Features
Bike Path Conservation Area Golf Highway Access House of Worship Laundromat Marina Medical Facility Park Private School Public School Public Transportation Shopping T-Station Tennis Court(s) Walk/Jog Trails
Exterior Features
Rain Gutters Sprinkler System
Fencing
Fenced Fenced/Enclosed
Flooring
Hardwood Stone/Ceramic Tile Tile Wood
Interior Features
Bathroom with Shower Stall Floored Attic High Speed Internet Kitchen Laundry Room Living Room Office/Den Remodeled Smart Thermostat Stone/Granite/Solid Counters Storage Studio Upgraded Cabinets Upgraded Countertops
Laundry Features
Gas Dryer Hookup
Levels
5
Lot Features
Cleared Level
Lead Paint
Unknown
Parking Features
Off Street Paved Drive
Patio And Porch Features
Deck - Vinyl
Rent Includes
Unit 1(Water,None) Unit 2(Water) Unit 3(Water) Unit 4(Water)
Security Features
Security System
Utilities
for Electric Oven for Electric Range for Gas Dryer
Waterfront Features
Beach Ownership(Public) Ocean River
Window Features
Screens

Additional Information

Disclosures: list agent relationship with seller.

Directions: Sate St. left on Charter St.

Financial Details

Annual Taxes$14,047 (2025)
Assessed Value$1,466,300
Gross Income$407,360
Operating Expense$31,600
Net Operating Income$375,740
Tax Map / Block / Lot0006 / 0035 / 0000
Tax Book Number646441
Listed on Aug 10, 2026 Contract signed Aug 10, 2026 Updated Sep 3, 2026 3:45 PM Essex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73561596

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