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38 Orchard St Amesbury, MA 01913
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Key Details
Sold Price $615,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $170
MLS Listing ID 72419612
Sold Date 01/23/19
Bedrooms 8
Full Baths 4
Year Built 1860
Annual Tax Amount $6,164
Tax Year 2018
Lot Size 0.300 Acres
Acres 0.3
Property Description
Endless possibilities w/ this beautiful 4 unit, 8 bedroom, 4 bath, & approx 3,600 sqft income property! Perfect opportunity for a live & rent buyer OR buy n hold investor for cash flow and then condo convert. Property consists of 4 equal sized units. All 2 beds, 1 bath, approx. 900sqft each unit. 2 units recently updated w/ new kitchens, baths, windows, floors have been redone, freshly painted. The other 2 units good condition w/ long term tenants. Potential to add attic to each of the top 2 units to make townhouse style units OR turn into a 5th unit w/ town approval. Loads of potential. Bring your buyers to show them the best value on the market. Rents are projected $66,600/year. See attached income & expense breakdown. Mostly separate utilities. Excellent location. Less than ½ mile to downtown Amesbury's restaurants, shops, cafés, breweries, stores, and lots more! Located near the “Golden Triangle” minutes to RT 95, RT 495 and RT 110 ideal for commuters. Right next to Lake Gardner
Location
State MA
County Essex
Zoning R8
Direction Google Maps
Exterior
Community Features Public Transportation, Shopping, Conservation Area, Public School
Waterfront Description Beach Front, Lake/Pond, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Roof Type Shingle
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot
Story 6
Foundation Stone, Granite
Sewer Public Sewer
Water Public
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Bought with The Luchini Homes Group • Keller Williams Realty