TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.
This home has been viewed 12 times
Last Checked: April 25th, 2026 at 5:38am (Source: MLS PIN #73504490)
Gross Income: $46,680
Gross Expenses: $12,607
Net Income Calc: $34,073
Water Views
Annual Expenses for 32 Market St, Newburyport MA 01950
Total Gross Expenses (Calculated)$12,607/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax12607
Annual Income & Unit Breakdown for 32 Market St, Newburyport MA 01950
Total Gross Income (Calculated)$46,680
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
Unit 4
Rental Income$0
Lease
Bathrooms
Rent IncludesHeat
General Information for 32 Market St, Newburyport MA 01950
Listing ID73504490
Property TypeMulti Family / 5+ Family
Price3200000 ($542.1/SqFt)
Style5-9 Family
CityNewburyport
CountyEssex
Neighborhood(s)Ipswich
Approximate Living Area Total5903
Approximate Lot Size (Acres)0.08
Total Parking0
Garage Parking0
Year Built1850
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningCW
Water ViewsNo
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 32 Market St, Newburyport MA 01950
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsTenants Washer And Dryer In The Basement.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 32 Market St, Newburyport MA 01950
Real Estate Taxes12607
Tax Year2025
Assessed Value$1,316,000
Financial Data Source
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 32 Market St, Newburyport MA 01950
Neighborhood(s)Ipswich
Area AmenitiesWalk/jog Trails
Contact Information for 32 Market St, Newburyport MA 01950