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11-13 Aubin St, Amesbury MA 01913

$1,399,900

Estimated $3,932.10/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $199,985.71

Total Rent: 77400/year

Estimated CAP Rate: 4.10%

14 Bedrooms

7 Full Baths

6,900 SqFt

Total Parking: 14

26,300 SqFt

**INVESTMENT OPPORTUNITY** Purchase 7-units; one block from downtown Amesbury **Buy n Hold or Condo Convert or 1031Exchange. Consists of 2 adjacent buildings (4unit & 3-unit) one lot. 3 unit renovated in 2017. Each unit has 2 beds/1bath. Parking 14+ cars. Rents are below market - All but 1 tenant is TAW. Projected rents = $163,800/yr (ave $1,950/mo per unit) - See Projected Income & Expense Breakdown. Opportunity to add value by increasing rents to market rate. Potential to add building on lot. Buyer and/or buyer's agent responsible for their own due diligence. Seller and/or seller's agent make no warranties or representations on the accuracy of this information. Excellent location just one-block from shops, restaurants, breweries and all that Amesbury has to offer. 1st Group Tour starts prompt @ 2pm on Wednesday June 7th. Offers due June 9th by 5pm. Sorry, not able to accommodate earlier showings. Easy access to Routes 95, 495, and 110. Don't miss out on this opportunity.

This home has been viewed 22 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73120103)

Gross Income: $77,400

Gross Expenses: $19,946

Net Income Calc: $57,454

CAP Rate: 4.10%

Beach Front

Annual Expenses for 11-13 Aubin St, Amesbury MA 01913

Total Gross Expenses (Calculated)$19,946/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$19,946

Annual Income & Unit Breakdown for 11-13 Aubin St, Amesbury MA 01913

Total Gross Income (Calculated)$77,400

Unit 1

Rental Income$1,575

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,600

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,575

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit0

HeatingNo

Rent Includes

Unit 4

Rental Income$1,700

Lease

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 11-13 Aubin St, Amesbury MA 01913

Listing ID73120103

Property TypeMulti Family / 5+ Family

Price$1,399,900 ($202.88/SqFt)

Style5-9 Family

CityAmesbury

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total6,900 SqFt

Approximate Lot Size (Acres)0.6 acres

Total Parking14

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesWooded

Foundation Area

Foundation DescriptionConcrete Perimeter,Block,Stone

Accessible Features

Outdoor Space

ZoningR8

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront FeaturesBeach Front, Beach Ownership(public), 1/2 To 1 Mile To Beach, Lake/pond

Energy Features

Terms

Disclosures for 11-13 Aubin St, Amesbury MA 01913

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$36,640

Total Gross Income By Broker$118,500

Total Net Income By Broker$81,860

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 11-13 Aubin St, Amesbury MA 01913

Real Estate Taxes$19,946

Tax Year2023

Assessed Value$1,220,700

Financial Data SourceOwner

Total Gross Expenses By Broker$36,640

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$118,500

BostonRealEstate.com Gross Income

Total Net Income By Broker$81,860

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.10%

Location Information for 11-13 Aubin St, Amesbury MA 01913

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Bike Path, Public Transportation

Contact Information for 11-13 Aubin St, Amesbury MA 01913

Agent

Name: Stephen Martin

Office

Name: Lux Realty North Shore

Phone: 978-922-1000

Payment Calculator

, Interest

Property Taxes 1662.17

Principal & Interest 8625.74

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Lux Realty North Shore

Stephen Martin

Agent Phone

Office Phone

(978) 922-1000

Text Agent Call Agent Call Office

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    [description] => **INVESTMENT OPPORTUNITY** Purchase 7-units; one block from downtown Amesbury **Buy n Hold or Condo Convert or 1031Exchange. Consists of 2 adjacent buildings (4unit & 3-unit) one lot. 3 unit renovated in 2017. Each unit has 2 beds/1bath. Parking 14+ cars. Rents are below market - All but 1 tenant is TAW. Projected rents = $163,800/yr (ave $1,950/mo per unit) - See Projected Income & Expense Breakdown. Opportunity to add value by increasing rents to market rate. Potential to add building on lot. Buyer and/or buyer's agent responsible for their own due diligence. Seller and/or seller's agent make no warranties or representations on the accuracy of this information. Excellent location just one-block from shops, restaurants, breweries and all that Amesbury has to offer. 1st Group Tour starts prompt @ 2pm on Wednesday June 7th. Offers due June 9th by 5pm. Sorry, not able to accommodate earlier showings. Easy access to Routes 95, 495, and 110. Don't miss out on this opportunity.
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[owner_occupancy_source] => 
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[pasture_area] => None
    [patio_and_porch] => Array
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[perc_test] => Array
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[perc_test_date] => Unknown
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[road_frontage_type] => Array
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    [senior_community] => No
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    [tag_townhouse] => 
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    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
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[terms] => Array
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        )

[timber_acres] => None
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    [trash_expense] => Array
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[uffi] => Array
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[unit_1_bathrooms] => 1 Full
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[unit_1_levels] => 1
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        )

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[water] => Array
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[water_expense] => Array
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[water_views] => Array
        (
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[water_views_features] => Array
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    [waterfront_features] => Array
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EXIT

Closed

11-13 Aubin St, Amesbury MA 01913

$1,399,900

Annual Expenses for 11-13 Aubin St, Amesbury MA 01913

Annual Income & Unit Breakdown for 11-13 Aubin St, Amesbury MA 01913

General Information for 11-13 Aubin St, Amesbury MA 01913

Disclosures for 11-13 Aubin St, Amesbury MA 01913

Financial Information for 11-13 Aubin St, Amesbury MA 01913

Location Information for 11-13 Aubin St, Amesbury MA 01913

Contact Information for 11-13 Aubin St, Amesbury MA 01913

Agent

Office

Payment Calculator

Exclusive Listing Agent

Lux Realty North Shore

Stephen Martin