Overview Property Details Payment Calculator Walkability

Expired

119 Elm St, Amesbury MA 01913

$1,290,000

Estimated $3,202.65/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $258,000

Total Rent: 70800/year

Estimated CAP Rate: 4.45%

11 Bedrooms

5 Full Baths

5,859 SqFt

Total Parking: 10

14,580 SqFt

Value Add Investment: Well-maintained five-unit multifamily in a fantastic in-town location near the heart of Amesbury. Four units are TAW, one unit has a recently signed lease. The unit mix is four 2 bedroom, one 3 bedroom. This is a value add investment, with the opportuni...

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 2:16am (Source: MLS PIN #73053078)

Gross Income: $70,800

Gross Expenses: $13,331

Net Income Calc: $57,469

CAP Rate: 4.45%

Beach Front

Beach Access

Annual Expenses for 119 Elm St, Amesbury MA 01913

Total Gross Expenses (Calculated)$13,331/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$13,331

Annual Income & Unit Breakdown for 119 Elm St, Amesbury MA 01913

Total Gross Income (Calculated)$70,800

Unit 1

Rental Income$1,850

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit2

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$2,050

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor

Levels in Unit1

HeatingYes

Rent IncludesUnit 2(water), Unit 3(water), Unit 4(water)

General Information for 119 Elm St, Amesbury MA 01913

Listing ID73053078

Property TypeMulti Family / 5+ Family

Price$1,290,000 ($220.17/SqFt)

Style5-9 Family

CityAmesbury

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total5,859 SqFt

Approximate Lot Size (Acres)0.33 acres

Total Parking10

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel, Cleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningR8

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, 1/2 To 1 Mile To Beach, Lake/pond, Beach Access

Energy Features

Terms

Disclosures for 119 Elm St, Amesbury MA 01913

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceTax Return

Total Gross Expenses By Broker$24,510

Total Gross Income By Broker$106,200

Total Net Income By Broker$81,690

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.25

Facilitator Compensation2.0

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 119 Elm St, Amesbury MA 01913

Real Estate Taxes$13,331

Tax Year2022

Assessed Value$753,600

Financial Data SourceTax Return

Total Gross Expenses By Broker$24,510

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$106,200

BostonRealEstate.com Gross Income

Total Net Income By Broker$81,690

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.45%

Location Information for 119 Elm St, Amesbury MA 01913

Elementary SchoolAmesbury Elem

Middle SchoolAmesbury Middle

High SchoolAmesbury High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Marina, Private School

Contact Information for 119 Elm St, Amesbury MA 01913

Agent

Name: Faulkner Commercial Group

MLS ID: TM200171

Office ID: G95022

Office

Name: Keller Williams Realty

MLS Office ID: G95022

Phone: 978-475-2111

Team Members

Name: Janet Faulkner

MLS ID: CT002549

Office ID: G95022

National Association ID: 452000785

Phone: 978-828-8944

City: Amesbury

State: MA

Payment Calculator

$9,059.49 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,110.92

Principal & Interest $7,948.57

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Faulkner Commercial Group

Agent Phone

Office Phone

(978) 475-2111

Text Agent Call Agent Call Office

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EXIT

Expired

119 Elm St, Amesbury MA 01913

$1,290,000

Annual Expenses for 119 Elm St, Amesbury MA 01913

Annual Income & Unit Breakdown for 119 Elm St, Amesbury MA 01913

General Information for 119 Elm St, Amesbury MA 01913

Disclosures for 119 Elm St, Amesbury MA 01913

Financial Information for 119 Elm St, Amesbury MA 01913

Location Information for 119 Elm St, Amesbury MA 01913

Contact Information for 119 Elm St, Amesbury MA 01913

Agent

Office

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Exclusive Listing Agent

Keller Williams Realty

Faulkner Commercial Group