NOT LISTED FOR SALE

11 Aubin St Amesbury, MA 01913

14 Beds
7 Baths
6,900 Sq Ft
0.6 Acres

Last Sold June 29, 2023

Last sale price $1,400,000 $203 Per Sq Ft

5 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • Shops
  • Property is near public transit
  • Porch
  • 4-minute walk to Amesbury Millyard Park

About This Home

As of June 2023

**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.

Last Agent to Sell the Property

Steve Martin

Aluxety Listed on: 06/04/2023

Last Buyer's Agent

Steve Martin

Aluxety Listed on: 06/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,946

Year Built

  • Built in 1900

Lot Details

  • 0.6 Acre Lot
  • Wooded Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 7 Full Bathrooms

Parking

  • 14 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit

Utilities

  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $9,875
  • Assessor Parcel Number M:53 B:0178

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Bike Trail

Building Details

  • Operating Expense $36,640
  • Net Operating Income $81,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,946

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 14
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 6900
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN1532
  • MAIN SO: AN1532

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 14

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Bike Path
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:53 B:0178
  • Zoning: R8
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.6
  • Lot Size Sq Ft: 26300
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19946

Multi Family

  • Net Operating Income: 81860
  • Number Of Units Total: 7
  • Operating Expense: 36640
  • Total Actual Rent: 9875
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $1,400,000 0.0% $203 / Sq Ft
06/10/2023 06/10/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $1,399,900 -- $203 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73120103

MLS Property Information Network (MLS PIN)