11 Charter St
Newburyport, MA 01950
$3,400,000
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.’
| Listing ID: | 73561596 |
|---|---|
| List Price: | $3,400,000 |
| Property Type: | Residential Income |
| Property Sub Type: | 5+ Family - 5+ Units Up/Down |
| Status: | Active |
| Lender Owned: | No |
| Bedrooms Total: | 16 |
| Bathrooms Full: | 16 |
| Living Area: | 5,527 |
| Tax Annual Amount: | $14,047 |
| Lot Size Square Feet: | 4,380 |
| Lot Size Acres: | 0.1 |
| Waterfront?: | No |
| City: | Newburyport |
| County Or Parish: | Essex |
| Postal Code: | 01950 |
| Year Built: | 1869 |
| Number Of Units Total: | 16 |
| Appliances: | Range, Oven, Microwave, Refrigerator, Freezer |
| Cooling: | Common, None, Individual, Unit Control, Ductless |
| Flooring: | Tile, Hardwood, Wood, Stone/Ceramic Tile |
| Heating: | Common, Wall Unit, Electric, Individual, Unit Control, Ductless |
| Lot Features: | Cleared, Level |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| State Or Province: | MA |
| Water Source: | Public |
| Roof: | Shingle |
| Window Features: | Screens |
| Laundry Features: | Gas Dryer Hookup |
| Foundation Details: | Concrete Perimeter |
| Electric: | 220 Volts, Individually Metered |
| Construction Materials: | Frame |
| Listing Contract Date: | 2026-08-10 |
| Heating?: | Yes |
| Lot Size Area: | 0.1 |
| Rooms Total: | 16 |
| Bathrooms Total Integer: | 16 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 5,527 |
| Community Features: | Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station |
| Exterior Features: | Rain Gutters, Sprinkler System |
| Fencing: | Fenced/Enclosed, Fenced |
| Interior Features: | Floored Attic, Storage, Studio, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/Den, Bathroom with Shower Stall, Smart Thermostat, Living Room, Kitchen |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Open Parking?: | Yes |
| Parcel Number: | M:0006 B:0035 L:0000, 2084632 |
| Patio And Porch Features: | Deck - Vinyl |
| Rent Includes: | Unit 1(Water, None), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Electric Range, for Electric Oven, for Gas Dryer |
| Waterfront Features: | Ocean, River, Beach Ownership(Public) |
| Zoning: | B2 |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Electric Expense: | $1,100 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Estimated |
| Gross Income: | $407,360 |
| Insurance Expense: | $10,000 |
| Apod Available: | No |
| Certificate Number: | 000000557279 |
| Color: | Gray |
| Mh:Cooling Zones, Cc:Cooling Zones, Mf:Cooling Zones, Sf:Cooling Zones: | 16 |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Flrs 4: | 1 |
| Gre: | 31,600 |
| Heat Zones: | 18 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Lease 3: | No |
| Lease 4: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $615.16 |
| Page: | -- |
| Price Per Sqft: | $615.16 |
| Square Feet Disclosures: | Measurements are approximate, buyer to verify and due own due diligence. |
| Square Feet Incl Base: | No |
| Year Round: | Yes |
| Net Operating Income: | $375,740 |
| Operating Expense: | $31,600 |
| Original List Price: | $3,400,000 |
| Parking Total: | 6 |
| Security Features: | Security System |
| Tax Assessed Value: | $1,466,300 |
| Tax Year: | 2025 |
| Total Actual Rent: | $9,052 |
| Water Sewer Expense: | $16,000 |
| Year Built Details: | Actual |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Natural Gas, Electric |
| Rent1: | 2,263 |
| Rent2: | 2,263 |
| Rent3: | 2,263 |
| Rent4: | 2,263 |
| Above Grade Finished Area: | 5,527 |
| Below Grade Finished Area: | 1,300 |
| Living Area Source: | Public Record |
| Open Parking Spaces: | 6 |
| Total Flrs: | 10 |
| Beachfront Flag: | Yes |
Listing Courtesy of: Keller Williams Realty Evolution
Listing Agent: Christian Smith
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MLS Property Information Network, Inc. data last updated on October 08, 2026 05:24 PM - ET
Property Last Updated: October 08, 2026 05:24 PM - ET
