Two-Family Residential Income
6-8 & 9 Richs Court Amesbury, MA 01913
6-8 & 9 Richs Court, Amesbury, MA, 01913
$799,000
For Sale
$799,000
MULTI_FAMILY - Amesbury, MA
Property Size3,165 SF
Lot Size0.16 Acres
Price / SF$252.45
Days on Market14
Property Features for 6-8 & 9 Richs Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- IC
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 5371
- Size
- 3,165 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 7156
Building Details
- Year built
- 1850
- Floors in Building
- 6
- Number of units
- 2
Listing agency
Keller Williams Realty Evolution
(978) 992-4050
Listed by
Keller Williams Realty Evolution
Added: Jul 9 Updated: Jul 13 at 3:12AM Checked: Jul 22 at 9:06AM
MLS# 73547656
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This two-family residential income property is offered with an additional parcel at 9 Richs Court. The main offering includes two-family living, and there is also a bonus lot across the court that is partially paved, providing room for additional parking. The buyer should verify any buildability and permitted uses for future improvements on the additional parcel, including potential garage or ADU concepts.
The property is located at the end of a quiet dead-end court in downtown Amesbury, near Market Square, with proximity to dining, shops, and the Riverwalk. It is positioned minutes from I-495 and I-95.
The property is listed for sale under zoning classification IC and contains approximately 3,165 square feet of total building area on a 0.16-acre lot.
The property is located at the end of a quiet dead-end court in downtown Amesbury, near Market Square, with proximity to dining, shops, and the Riverwalk. It is positioned minutes from I-495 and I-95.
The property is listed for sale under zoning classification IC and contains approximately 3,165 square feet of total building area on a 0.16-acre lot.
Key Highlights
- Two‑family property built in 1850
- 4 bedrooms and 2 bathrooms
- Includes additional parcel at 9 Richs Court
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.8k | $25.20 |
| − Vacancy | −$3.6k | −$1.13 |
| EGI | $76.2k | $24.07 |
| − OpEx | −$22.9k | −$7.22 |
| NOI | $53.3k | $16.85 |
3,165 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$761.7K
$666.5K – $888.6K
NOI $53,318 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$687.5K
$601.6K – $802.1K
NOI $48,128 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M
NOI $131,157 @ 7.0% cap · market cap 16.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family in Amesbury with an additional partially paved parcel for extra parking, plus an extra lot across the court.
Where is this duplex located?
The property is located at 6-8 & 9 Richs Court Amesbury, MA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑family property built in 1850; 4 bedrooms and 2 bathrooms; Includes additional parcel at 9 Richs Court
