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    11 Charter St Newburyport, MA 01950

    New
    For Sale
    $3,600,000

    5+ Family - 5+ Units Up/Down - Newburyport, MA

    Property size:
    5,527 SF
    Lot size:
    0.10 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 11 Charter St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    16
    Bathrooms
    16
    APN
    M:0006 B:0035 L:0000,2084632
    Parking
    6
    Parking features
    Off Street, Paved or Surfaced
    Size
    5,527 SF
    Lot size
    0.10 Acres

    Building Details

    Year built
    1869
    Floors in Building
    5
    Number of units
    16
    Architectural style
    Other

    Keller Williams Realty Evolution [email protected]

    Listing agent Christian Smith (978) 992-4050

    Listing date Dec 2, 2025

    MLS# 73450760 Listing URL

    Copyright © 2025 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Asset in Newburyport

    This is a modern, turnkey multifamily asset located in downtown Newburyport. The property features fifteen renovated studio units and a renovated manager’s office with a full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. The units offer individually controlled, separately metered electric service, with additional electric baseboard heat in each bathroom. Coin-operated washers and dryers are available for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. The property is located in a premier walkable district near shops, dining, the waterfront, and the rail trail, offering exceptional appeal for long-term leasing or continued lodging-based operation. The building's gross revenue was over $650,000 in the last operating year, reflecting over 50% year-over-year growth. The property size is 5527 square feet and the lot size is 0.1 acres. The zoning is B2. The property is located in Essex County, Massachusetts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.869588
    Latitude
    42.809344

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    FAQs

    What type of property is this?
    Apartment building - Turnkey multifamily property with fifteen renovated units in downtown Newburyport.
    Where is this apartment building located?
    The property is located at 11 Charter St Newburyport, MA.
    What is the asking price?
    The asking price for this property is $3,600,000.
    What are key features of this property?
    This property features: - Over $650,000 in gross revenue in the last operating year, with over 50% year-over-year growth.; - Modern, fully renovated multifamily asset with fifteen studio units and a manager's office.; - Prime location in downtown Newburyport, a premier walkable district near shops, dining and the waterfront.
    (978) 992-4050
    Request Owner's contact information
    11 Charter St Newburyport, MA 01950
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    Newburyport, MA 01950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11 Charter St Newburyport, MA 01950
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