14-18 Market St, Newburyport, MA 01950
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$1,495,000
3 Unit
7 Beds
3 Baths
3312 SQFT
0.07 Acre

Property Description

Build your legacy by being the investor who capitalizes on the historically strong and currently flourishing rental market in Newburyport - jump on this opportunity to purchase one of Newburyport’s best in-town 3-family investment property. 1031 Exchange Option! This well positioned property offers a compelling investment opportunity with a strong rental history and the potential for growth in this thriving market. The property is located in a well desired area in downtown Newburyport close to shops, restaurants and marinas and is an ideal location for tenants! The city's strong rental demand, driven by its appealing lifestyle and prime location, ensures that these units are well-positioned for continued success. Property recently went through an exterior refresh and is now ready for sale! Schedule a showing today to start building your investment portfolio in Newburyport!

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 5
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Bike Path, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer

Financial

  • APOD Available: No
  • Expenses Source: Owner Provided
  • Gross Operating Income: 77100
  • Gross Expenses: 13200
  • Water/Sewer: 2250
  • INSC: 2700
  • Repairs & Maintenance: 2000
  • Miscellaneous Expense: 8500
  • Net Operating Income: 63900

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

  • Floors: 1
  • Levels: 3

Construction

  • Year Built: 1780
  • Type: 3 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73357888
  • Last Updated: 07/05/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
07/05/2025Active$1,495,000$451MLSPIN
07/01/2025Back on Market$1,495,000$451MLSPIN
06/30/2025Under Agreement$1,495,000$451MLSPIN
06/16/2025Contingent$1,495,000$451MLSPIN
04/14/2025Active$1,495,000$451MLSPIN
04/10/2025New$1,495,000$451MLSPIN
01/01/2025Expired$1,495,000$451MLSPIN
11/06/2024Temporarily Withdrawn$1,495,000$451MLSPIN
09/22/2024Active$1,495,000$451MLSPIN
09/18/2024New$1,495,000$451MLSPIN
04/24/2023Killed$825,000$249MLSPIN
04/24/2023Killed$825,000$249MLSPIN
04/22/2023Under Agreement$825,000$249MLSPIN
04/20/2023New$825,000$249MLSPIN

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Seller's Representative: Krissy Ventura, RE/MAX Bentley's
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-07-05 03:05:00

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