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Charming 4-unit Multifamily (identified in public records as a 5-unit) in Newburyport's historic south end in the city's favorite Joppa neighborhood, enjoying ocean breezes and glimpses of the Merrimac. Impeccably maintained with solid rental history from the 4, 1-bedroom units grossing $55,200 annually and currently offered well under market rates. Located steps away from the just opened final stage of the Clipper City Rail Trail with easy access to the waterfront and downtown shops and restaurants, as well as the MBTA train station with daily service to Boston's South Station. Drop your kayak in at the public boat ramp steps from your front door and explore the dazzling coast, winding your way through Joppa Flats and the tributaries of the Parker and Merrimac Rivers. Property is ideal for investment or condo conversion, with separate utilities and new boilers, and with their own individual storage spaces located in full basement. Off street tandem parking for 4. Borders Hale Park.

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Listed by Lynne Hendricks of Newburyport Office

Listing Sold by Bentley's

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