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You are here:
Contingent
15 Photos
$1,200,000
3 Unit
3 Beds
4 Baths
2448 SQFT
0.05 Acre
1 Lime St
Newburyport, MA 01950

Property Description

Attention Investors! Legal 3 Family in Newburyport's desirable South End! LOCATION... Location... location that can cash flow day one or condo covert for profit! Also could be perfect for Buyer looking to live in one unit and rent out the other two, a bedrock real estate strategy used by many first timer buyers / investors to leverage a trade up while building equity for the future! This property consists of 3 move in ready units, two garden style units with one first floor single level and another on 2nd floor single level. The 3rd unit is a 2 level townhouse style unit, which is currently vacant so move right in, 2 bedrooms 1.5 baths on two levels plus full basement storage. This kind of solid investment opportunity does not come often! South End Newburyport just a couple blocks to everything with the rail trail at your doorstep!

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 4
  • Total Bedrooms: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Fireplaces: 1
  • Basement Features: Concrete Floor, Interior Access, Partial, Radon Remediation System, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Wall Oven, Washer
  • Common Heating: Forced Air, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Gross Operating Income: 81000
  • Net Operating Income: 81000

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1850
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73317773
  • Last Updated: 12/17/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
12/17/2024Contingent$1,200,000$490MLSPIN
12/09/2024Active$1,200,000$490MLSPIN
12/05/2024New$1,200,000$490MLSPIN
12/05/2024Canceled$1,199,900$490MLSPIN
12/03/2024Temporarily Withdrawn$1,199,900$490MLSPIN
11/12/2024Active$1,199,900$490MLSPIN
11/08/2024New$1,199,900$490MLSPIN
08/20/2024Canceled$1,300,000$531MLSPIN
08/19/2024Active$1,300,000$531MLSPIN
07/08/2024Back on Market$1,300,000$531MLSPIN
06/26/2024Contingent$1,449,500$592MLSPIN
06/11/2024Active$1,449,500$592MLSPIN
06/07/2024New$1,449,500$592MLSPIN

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Map & Resources

Newburyport Montessori School

Private School, Grades: PK-K

0.41mi

Newburyport Montessori School

School

0.41mi

Immaculate Conception School

Private School, Grades: K-8

0.53mi

Magma Cafe Coffee Roasters

Cafe

0.37mi

Dunkin'

Donut & Coffee Shop

0.37mi

Poynt

Restaurant

0.28mi

Agave Mexican Bistro

Mexican Restaurant

0.36mi

Stone Crust Artisan Pizza

Pizzeria

0.38mi

Loretta

American Restaurant

0.39mi

Lexie's

Burger Restaurant

0.39mi

Oregano's

Pizza & Italian Restaurant

0.4mi

Newburyport Police Department

Local Police

0.49mi

Newburyport Fire Department

Fire Station

0.58mi

Newbury Fire Department

Fire Station

0.76mi

Firehouse Center For The Arts

Arts Centre

0.39mi

Screening Room

Cinema

0.38mi

Newburyport Art Association

Gallery

0.19mi

Walsingham Gallery

Gallery

0.49mi

Custom House Maritime Museum

Museum

0.31mi

Arakelian Theater

Theatre

0.4mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.45mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.49mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.58mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.6mi

Wildes Saltmarsh

Nature Reserve

0.6mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.64mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.66mi

Salisbury Salt Marsh Wildlife Management Area

State Park

0.67mi

Dreadnought II

Playground

0.13mi

Brown School Park

Playground

0.24mi

Inn Street Playground

Playground

0.37mi

Ayers Playground

Playground

0.91mi

Salisbury Town Wharf

Recreation Ground

0.44mi

Upper Green

Recreation Ground

0.81mi

TD Bank

Bank

0.35mi

Institution for Savings

Bank

0.36mi

Bank of America

Bank

0.36mi

Institution For Savings

Bank

0.37mi

Market Square Optical Shoppe

Optician

0.34mi

Newburyport Public Library

Library

0.39mi

Historical Society Of Old Newbury Library

Library

0.42mi

Wishbasket

Furniture

0.16mi

CVS Pharmacy

Pharmacy

0.55mi

Richdale Convenience Store

Convenience

0.37mi

Seller's Representative: Robert Bentley, RE/MAX Bentley's
MLS ID#: 73317773

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2024-12-17 10:49:00