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11 Charter St, Newburyport MA 01950

$3,400,000

Estimated $6,684/month Calculator

Multi Family

Total Units: 16

Price Per Unit: $212,500

Total Rent: 108624/year

Estimated CAP Rate:

16 Bedrooms

Baths

5527

Total Parking: 6

4,380 (0.10)

Back on market due to prior buyer’s failure to preform. Renovated 15-unit residential asset in downtown Newburyport, comprising 15 studio suites plus an owner/manager suite with full bath. Renovated within the past 3 years, each suite features hardwood flooring, tiled baths, updated cabinetry and countertops, smart-lock access, high-speed internet, and separately metered electric with individual controls. Building is fully sprinklered and includes a 50-year flat roof. On-site coin-operated laundry. A clean, modern, low-maintenance asset in a highly desirable downtown location near shops, restaurants, the waterfront, and the Clipper City Rail Trail.’

This home has been viewed 11 times

Last Checked: September 15th, 2026 at 5:58am (Source: MLS PIN #73561596)

Gross Income: $108,624

Gross Expenses: $45,647

Net Income Calc: $62,977

Annual Expenses for 11 Charter St, Newburyport MA 01950

Total Gross Expenses (Calculated)$45,647/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax14047

Annual Income & Unit Breakdown for 11 Charter St, Newburyport MA 01950

Total Gross Income (Calculated)$108,624

Unit 1

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms0

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 11 Charter St, Newburyport MA 01950

Listing ID73561596

Property TypeMulti Family

Price3400000 ($615.16/SqFt)

Style5+ Family - 5+ Units Up/down

CityNewburyport

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total5527

Approximate Lot Size (Acres)0.1

Total Parking6

Garage Parking0

Year Built1869

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningB2

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 11 Charter St, Newburyport MA 01950

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAppliances To Be Left As Gift & Personal Property

Financial Data SourceEstimated

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 11 Charter St, Newburyport MA 01950

Real Estate Taxes14047

Tax Year2025

Assessed Value$1,466,300

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 Charter St, Newburyport MA 01950

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 11 Charter St, Newburyport MA 01950

Agent

Name: Christian Smith

Office

Name: Keller Williams Realty Evolution

Phone: 978-992-4050

Payment Calculator

, Interest

Property Taxes 1170.58

Principal & Interest 20949.72

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Christian Smith

Agent Phone

Office Phone

(978) 992-4050

Text Agent Call Agent Call Office

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EXIT

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Active

11 Charter St, Newburyport MA 01950

$3,400,000

Annual Expenses for 11 Charter St, Newburyport MA 01950

Annual Income & Unit Breakdown for 11 Charter St, Newburyport MA 01950

General Information for 11 Charter St, Newburyport MA 01950

Disclosures for 11 Charter St, Newburyport MA 01950

Financial Information for 11 Charter St, Newburyport MA 01950

Location Information for 11 Charter St, Newburyport MA 01950

Contact Information for 11 Charter St, Newburyport MA 01950

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty Evolution

Christian Smith