**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 28 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
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 Tax19946
Annual Income & Unit Breakdown for 11-13 Aubin St, Amesbury MA 01913
Total Gross Income (Calculated)$77,400
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit0
Rent Includes
Unit 4
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 11-13 Aubin St, Amesbury MA 01913
Listing ID73120103
Property TypeMulti Family / 5+ Family
Price1399900 ($202.88/SqFt)
Style5-9 Family
CityAmesbury
CountyEssex
Neighborhood(s)
Approximate Living Area Total6900
Approximate Lot Size (Acres)0.6
Total Parking14
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof Material
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningR8
Water Views
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 11-13 Aubin St, Amesbury MA 01913
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Appliances To Remain.
Financial Data SourceEstimated
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 11-13 Aubin St, Amesbury MA 01913
Real Estate Taxes19946
Tax Year2023
Assessed Value$1,220,700
Financial Data SourceEstimated
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 11-13 Aubin St, Amesbury MA 01913
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 11-13 Aubin St, Amesbury MA 01913