Overview Property Details Payment Calculator Walkability

Canceled

8-10 School St, Amesbury MA 01913

$799,900

Estimated $1,959.45/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $199,975

Total Rent: 37080/year

Estimated CAP Rate: 3.64%

6 Bedrooms

4 Full Baths

3,740 SqFt

Total Parking: 6

3,380 SqFt

4 unit building in downtown Amesbury. This building has vinyl siding, newer windows, and offers 6 car off street parking. 2 units will be completely remodeled. Potential 5th unit on 3rd floor, which needs complete rehab. Plenty of storage in the basement for Coin operated l...

This home has been viewed 19 times

Last Checked: May 7th, 2024 at 12:01am (Source: MLS PIN #73072819)

Gross Income: $37,080

Gross Expenses: $7,949

Net Income Calc: $29,131

CAP Rate: 3.64%

Annual Expenses for 8-10 School St, Amesbury MA 01913

Total Gross Expenses (Calculated)$7,949/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,949

Annual Income & Unit Breakdown for 8-10 School St, Amesbury MA 01913

Total Gross Income (Calculated)$37,080

Unit 1

Rental Income$1,795

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 3

Rental Income$1,295

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 8-10 School St, Amesbury MA 01913

Listing ID73072819

Property TypeMulti Family / 4 Family

Price$799,900 ($213.88/SqFt)

Style4 Family

CityAmesbury

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,740 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking6

Garage Parking

Year Built1870

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

Zoning0130

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8-10 School St, Amesbury MA 01913

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$80,160

Total Net Income By Broker$37,080

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%%

Facilitator Compensation2%%

Sub-Agent Compensation2%

Compensation Based OnNet Sale Price

Financial Information for 8-10 School St, Amesbury MA 01913

Real Estate Taxes$7,949

Tax Year2023

Assessed Value$486,500

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$80,160

BostonRealEstate.com Gross Income

Total Net Income By Broker$37,080

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)3.64%

Location Information for 8-10 School St, Amesbury MA 01913

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 8-10 School St, Amesbury MA 01913

Agent

Name: Robert Palmisano

MLS ID: G0002038

Office ID: G56700

National Association ID: 456000144

Address: 1 Independence Drive

City: Methuen

State: MA

Zip: 01844

Office

Name: Properties Unlimited

MLS Office ID: G56700

Phone: 603-890-4095

Payment Calculator

$5,591.15 per month

30 Years Fixed, 6.75% Interest

Property Taxes $662.42

Principal & Interest $4,928.73

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Properties Unlimited

Robert Palmisano

Agent Phone

Office Phone

(603) 890-4095

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.08 acres (3,380 SqFt)
    [add_date] => 2024-05-07 00:01:13
    [address] => School St
    [agent] => Array
        (
            [address] => 1 Independence Drive
            [city] => Methuen
            [id] => G0002038
            [name] => Robert Palmisano
            [national_association] => 456000144
            [office] => G56700
            [state] => MA
            [zip] => 01844
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
        )

[approx_living_area_total] => 3,740 SqFt
    [approx_lot_size_acres] => 0.08 acres
    [approx_lot_size_sqft] => 3,380 SqFt
    [assessed_value] => $486,500
    [association] => No
    [association_fee] => Array
        (
            [0] => $0
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => Yes
    [basement] => Array
        (
        )

[bathrooms] => 4 Full
    [bedrooms] => 6
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Other
        )

[building_management] => Array
        (
        )

[building_debug] => 8-10 School St Amesbury
    [building_id] => 
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2%%
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 4 Family
        )

[c_type] => Multi Family
    [cap_rate] => 3.64%
    [city] => Amesbury
    [community_features] => Array
        (
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
        )

[construction_status] => 
    [cooling] => No
    [cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => None
    [date_available_note] => 
    [deposit_amount] => Array
        (
            [0] => $0
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => 4 unit building in downtown Amesbury. This building has vinyl siding, newer windows, and offers 6 car off street parking. 2 units will be completely remodeled. Potential 5th unit on 3rd floor, which needs complete rehab.  Plenty of storage in the basement for Coin operated laundry or individual storage areas for additional income.  7-25 Letter RE impacts from contamination at 6 School St. a vacant lot next to this property. See attachments. Gross rent at 100% occupancy is over $80,000.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
        )

[electric_expense] => Array
        (
            [0] => $0
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => Array
        (
        )

[entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
        )

[exterior_features] => Array
        (
        )

[facilitator_compensation] => 2%%
    [fee_paid_by_tennant] => Contact Agent
    [financial_data_source] => Array
        (
        )

[fireplaces] => Array
        (
            [0] => 0
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
        )

[for_sale_by_owner] => No
    [foundation_area] => 
    [foundation_materials] => Array
        (
            [0] => Stone
        )

[frontage_length] => 
    [full_baths] => 4
    [garage_parking] => 
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
            [0] => $0
        )

[gross_income] => Array
        (
            [0] => $80,160
        )

[half_baths] => 0
    [handicap_access] => No
    [heating] => Yes
    [heating_expense] => Array
        (
            [0] => $0
        )

[high_school] => 
    [horse_features] => Array
        (
        )

[horse_permitted] => No
    [hot_water] => Array
        (
        )

[id] => 327494
    [insurance_expense] => Array
        (
            [0] => $0
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 00:01:13
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => 
    [levels_in_unit] => 1
    [living_area] => 3,740 Sq. Ft.
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Corner Lot
        )

[management_expense] => Array
        (
            [0] => $0
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
            [0] => $0
        )

[mls_area] => 
    [mls_id] => 73072819
    [neighborhoods] => Array
        (
        )

[net_income_calc] => 29131
    [net_operating_income] => Array
        (
            [0] => $37,080
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 4
    [office] => Array
        (
            [id] => G56700
            [name] => Properties Unlimited
            [phone] => 603-890-4095
        )

[operating_expense] => Array
        (
            [0] => $0
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
        )

[pasture_area] => None
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => Unknown
    [pet_policy] => Array
        (
        )

[phone] => 978-815-0941
    [pool_features] => Array
        (
        )

[price] => $799,900
    [price_per_sqft] => 213.88
    [price_per_unit] => 199975
    [private_pool] => No
    [property_sub_type] => Array
        (
            [0] => 4 Family
        )

[real_estate_tax] => $7,949
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
        )

[repair_maintenance_expense] => Array
        (
            [0] => $0
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
        )

[rooms] => 17
    [senior_community] => No
    [sewer] => Array
        (
        )

[sewer_expense] => Array
        (
            [0] => $0
        )

[short_sale] => 
    [special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Canceled
        )

[street_number] => 8-10
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 2%
    [tag_accessible_features] => 
    [tag_air_conditioning] => 
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => None
    [title_5] => 
    [total_gross_expense] => 7949
    [total_gross_income] => 37080
    [total_parking] => 6
    [trash_expense] => Array
        (
            [0] => $0
        )

[uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
            [0] => 1795
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 1
    [unit_2_floor] => 1
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
            [0] => 0
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 1
    [unit_3_floor] => 2
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
            [0] => 1295
        )

[unit_4_bathrooms] => 1 Full
    [unit_4_bedrooms] => 1
    [unit_4_floor] => 2
    [unit_4_lease] => Array
        (
            [0] => N
        )

[unit_4_levels] => 1
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => Array
        (
            [0] => 8-10 School St, Amesbury MA 01913
        )

[utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
        )

[water_expense] => Array
        (
            [0] => $0
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
        )

[waterfront] => No
    [waterfront_features] => Array
        (
        )

[year_built] => 1870
    [year_built_details] => Approximate
    [year_built_source] => Public Records
    [year_renovated] => 
    [zip] => 01913
    [zoning] => 0130
    [zoning_details] => 
    [media] => Array
        (
            [0] => Array
                (
                    [id] => 6747022
                    [name] => MLS1.jpg
                    [type] => gallery
                    [category] => image
                    [url] => https://www.bostonrealestate.com/wp-content/uploads/WPL/327494/MLS1.jpg
                    [index] => 1
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:15
                    [modified] => 2024-05-07 00:01:15
                )

[1] => Array
                (
                    [id] => 6747567
                    [name] => MLS2.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=2
                    [index] => 2
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[2] => Array
                (
                    [id] => 6747568
                    [name] => MLS3.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=3
                    [index] => 3
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[3] => Array
                (
                    [id] => 6747569
                    [name] => MLS4.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=4
                    [index] => 4
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[4] => Array
                (
                    [id] => 6747570
                    [name] => MLS5.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=5
                    [index] => 5
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[5] => Array
                (
                    [id] => 6747571
                    [name] => MLS6.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=6
                    [index] => 6
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[6] => Array
                (
                    [id] => 6747572
                    [name] => MLS7.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=7
                    [index] => 7
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[7] => Array
                (
                    [id] => 6747573
                    [name] => MLS8.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=8
                    [index] => 8
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[8] => Array
                (
                    [id] => 6747574
                    [name] => MLS9.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=9
                    [index] => 9
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

[9] => Array
                (
                    [id] => 6747575
                    [name] => MLS10.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73072819&w=1024&h=768&n=10
                    [index] => 10
                    [enabled] => 1
                    [created] => 2024-05-07 00:01:20
                    [modified] => 2024-05-07 00:01:20
                )

)

)

EXIT

Canceled

8-10 School St, Amesbury MA 01913

$799,900

Annual Expenses for 8-10 School St, Amesbury MA 01913

Annual Income & Unit Breakdown for 8-10 School St, Amesbury MA 01913

General Information for 8-10 School St, Amesbury MA 01913

Disclosures for 8-10 School St, Amesbury MA 01913

Financial Information for 8-10 School St, Amesbury MA 01913

Location Information for 8-10 School St, Amesbury MA 01913

Contact Information for 8-10 School St, Amesbury MA 01913

Agent

Office

Payment Calculator

Exclusive Listing Agent

Properties Unlimited

Robert Palmisano