INVESTORS - Newburyport South End - Just a few blocks from Downtown Shops, Dining, Waterfront, Marinas and the Clipper City Rail Trail. Spacious side by side Two-Family with strong rental history. Larger Unit ,129 Water Street offers 7 rooms, 4 bedrooms, 3 full bathrooms, 1 ...
This home has been viewed 14 times
Last Updated: April 6th, 2025 at 5:48am
Gross Income: $66,600
Gross Expenses: $32,469
Net Income Calc: $34,131
CAP Rate: 3.45%
Annual Expenses for 129-135 Water St, Newburyport MA 01950
Total Gross Expenses (Calculated)$32,469/year
APOD AvailableYes
Heating$0
Electricity$2,013
Water$3,136
Gas$3,136
Insurance$5,289
Sewer$3,136
Trash Removal$0
Repair & Maintenance$1,032
Management$4,460
Miscellaneous$7,693
Real Estate Tax$8,846
Annual Income & Unit Breakdown for 129-135 Water St, Newburyport MA 01950
Total Gross Income (Calculated)$66,600
Unit 1
Rental Income3150
LeaseN
Bedrooms4
Bathrooms3 Full, 1 Half
Floor1
Levels in Unit3
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income2400
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 129-135 Water St, Newburyport MA 01950
Listing ID73352996
Property TypeMulti Family / 2 Family
Price$989,900 ($277.75/SqFt)
Style
CityNewburyport
CountyEssex
MLS Area
Neighborhood(s)Ipswich
Approximate Living Area Total3,564 SqFt
Approximate Lot Size (Acres)0.17 acres
Total Parking6
Garage Parking
Year Built1850
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesFlood Plain
Foundation Area
Foundation DescriptionIrregular
Accessible Features
Outdoor SpaceDeck, Deck - Wood
ZoningWMD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesInsulated Windows
Terms
Interior Features for 129-135 Water St, Newburyport MA 01950
Disclosures for 129-135 Water St, Newburyport MA 01950
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$23,623
Total Gross Income By Broker$42,977
Total Net Income By Broker$66,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 129-135 Water St, Newburyport MA 01950
Elementary SchoolBresnahan
Middle SchoolMolin/Nock
High SchoolNhs
Neighborhood(s)Ipswich
MLS Area
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Marina, Sidewalks
Contact Information for 129-135 Water St, Newburyport MA 01950