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333 Merrimac St, Newburyport, MA 01950

$400,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Units
  • 3 Total Beds
  • 0.12 Acres
333 Merrimac St, Newburyport, MA 01950View this property at 333 Merrimac St, Newburyport, MA 01950
333 Merrimac StNewburyportMA01950

Map & Location

Street View

Property Description

RARE OPPORTUNITY - BEST VALUE ON THE MARKET! - CURRENTLY 2 UNITS w/ Opportunity TO ADD 3rd UNIT!!! Well maintained Property. Both units in great condition. Great development opportunity for condo conversion OR hold and rent either 2 or 3 units. Cash Cow Potential. Across the street from the Merrimac River. Plenty of off street parking. Property is zoned R3 - Less than a mile to downtown Newburyport's shops, restaurants, all the wonderful events (1)-2bedroom unit, (1)-1bedroom unit. Gross rents are $32,400/ year with additional 3rd unit could be at least $48,000/year (PROJECTED). See attached proposed architect plans. All utilities have been separated. Both units are tenant at will and have been there for 3.5 years. Washer & Dryer in each
unit.

Full Property Detailsfor 333 Merrimac St

General

  • Sold For: $400,000
  • Taxes: $5,088 (2016)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 72082534
  • Added: 552 day(s) ago

Property History

  • 333 Merrimac St, Newburyport, MA
  • Sold at $400,000 on 2/1/17
  • Reduced to $439,000 on 11/28/16
  • Listed at $449,000 on 10/17/16

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Parking

  • Parking: Off-Street Parking, Tandem, Paved Driveway, Unpaved Driveway

Location

  • County: Essex

Structural Information

  • Architectural Style: Two-Family
  • Square Feet: 2,117
  • Year Built: 1933

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,265

Financial Considerations

  • Tax Amount: $5,088
  • Tax Year: 2016

Listed by Wellsco, LLC, Stephen Martin

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Schools

Schoolsserving 333 Merrimac St

School District:Newburyport Public Schools
School Name
Grades
Distance
Francis T. Bresnahan Elementary School
333 High St, Newburyport, MA 01950
PK-3
0.5 mi
Edward G. Molin Upper Elementary School
70 Low St, Newburyport, MA 01950
4-5
1 mi
George W. Brown School
40 Milk St, Newburyport, MA 01950
PK-K
1.6 mi
Rupert A. Nock Middle School
70 Low St, Newburyport, MA 01950
6-8
0.9 mi
Newburyport High School
241 High Street, Newburyport, MA 01950
9-12
0.7 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Community Info

Community Infofor 333 Merrimac St

Listed by Wellsco, LLC, Stephen Martin

333 Merrimac St, Newburyport, MA 01950 (MLS# 72082534) is a Multi-Family property that was sold at $400,000 on February 01, 2017. Want to learn more about 333 Merrimac St? Do you have questions about finding other Multi-Family real estate for sale in Newburyport? You can browse all Newburyport real estate or contact a Coldwell Banker agent to request more information.