1 Lime Street

Newburyport, MA 01950

$1,200,000
Price
3
Beds
3
Baths
1
1/2 Bath
2,448 Sq. Ft.
$490 / Sq. Ft.
2,448
Sq. Ft.
$490
per Sq. Ft.

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...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!
  1. Listed by Robert Bentley • RE/MAX Bentley's

Property Details for 1 Lime Street

Town
Newburyport
Area
MA-Newburyport
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2
LISTING UPDATED: 12/09/2024 03:08 AM

Property Details for 1 Lime Street

StatusActive
MLS #73317773
Days on Market6
Taxes$7,238 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 3 Family
Year Built1850
CountyEssex County

Building Information for 1 Lime Street

Stories4Residences3Year Built1850Building Size-Lot Size0.05 AC / 2,118 SF

Property Information for 1 Lime Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 2448.0
  • Color: grey
  • SqFt with Basement: No
  • Total Units: 3
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate,Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Dishwasher, Disposal, Refrigerator, Washer, Dryer, Range, Oven
  • Basement Features: Partial, Interior Access, Radon Remediation System, Concrete Floor, Unfinished Basement
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Interior Features: Open Floorplan, Living Room, Dining Room, Kitchen, Laundry Room
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Patio, Covered Patio/Deck
  • Lot Description: Corner Lot, Level
  • Patio And Porch Features: Patio, Covered
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, Direct Access, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
  • Parking Features: Off-Street, Tandem
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 100 Amp Service
  • Heating: Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Oven
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Legal 3 unit / family Property
Tax Information
  • Tax ID: M:0023 B:0003 L:0000,2085601
  • Assessments: $726,000
  • Book: 001
  • Tax Year: 2024
  • Zoning: res
Building / Association Information
Living Characteristics
  • Beds Total: 3
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $81,000.00
  • NOI: $81,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,750.00

Property History for 1 Lime Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1 Lime Street

Taxable ValueLand$337,200Additions$388,800Total$726,000
Tax Record2024$7,238 ($603 / month)
Home Facts
Baths3.5Total Finished SqFt2,448 SqFtAbove Grade Finished SqFt2,448 SqFtStories2Lot Size2,118 SqFtStyleTriplexYear Built1850CountyESSEXAPNNEWP M:0023 B:0003 L:0000

Schools near 1 Lime Street

This home is within Newburyport School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Francis T Bresnahan Elementary School
PublicPK to 3

Edward G. Molin Elementary School
Public4 to 5

Rupert A Nock Middle School
Public6 to 8

Newburyport High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Lime Street is a multi-family home for sale in Newburyport, MA 01950. This property was listed for sale on December 5, 2024 by RE/MAX Bentley's, it's currently listed at $1,200,000. This listing's school district is Newburyport School District. Nearby schools include Francis T Bresnahan Elementary School, Edward G. Molin Elementary School and Rupert A Nock Middle School. 1 Lime Street is a 3-bed, 3.5-bath, 2,448 sqft multi-family home built in 1850.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Bentley's, Robert Bentley

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.