Unit Information
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 Details
- Status: ACT
- Type: Multi-Family, 3 Family
- Zip Code: 01913
- Levels: 6
- Parking
- Garage: 1
- Garage Capacity: 6
- Parking: Paved Drive, Off Street
- Parking Spaces: 6
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 6
- Total Rooms: 16
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$889,000
- Listing ID: 73460682
- Bedrooms: 6
- Full Baths: 3
- Half Baths: 2
- Living Area: 2,720 sqft Convert
- Lot Size: 6,810 sqft Convert
- Acres: 0.16
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Luxury Residential Group
(617) 233-5800
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When you are ready, please contact us and we will put our unrivaled knowledge of the Boston real estate market to work for you. Whether you are buying a luxury condo or renting a luxury apartment, we pledge to make your experience as stress free and enjoyable as possible.
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |