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Apartment Building with On-Site Laundry
New
For Sale
$3,400,000

11 Charter St, Newburyport, MA 01950

Individual suite controls, smart-lock entry, and separately metered electric support distinct resident access and utility management.

Property Size5,527 SF
Price / SF$615.16
Days on Market4

Property Features for 11 Charter St

General Information

Standard status Active
Size 5,527 SF
Property subtype Residential Income
Zoning B2

Taxes and HOA fees

Annual Taxes $14,047

Amenities

Full
Tile,Hardwood,Wood,Stone/Ceramic Tile
Yes
16
No
5
Screens
Gas Dryer Hookup
Public Record
Floored Attic,Storage,Studio,Stone/Granite/Solid Counters,High Speed Internet,Upgraded Cabinets,Upgraded Countertops,Remodeled,Laundry Room,Office/Den,Bathroom with Shower Stall,Smart Thermostat,Livi
5527
1300
Fenced/Enclosed,Fenced
Cleared,Level
Public
0.1
6
Paved Drive,Off Street
Rain Gutters,Sprinkler System
Concrete Perimeter

Building Details

Building Size 5,527 SF
Year Built 1869
Stories 5
Listing Agency: Keller Williams Realty Evolution
Listed By: Christian Smith · License #9562002
Source: Jrpierre
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Evolution

Rey
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Investment Insights

Based on property information with market context.

Built in 1869, this 5,527-square-foot apartment property includes 15 studio suites and a separate owner or manager suite with a full bath. Renovations completed within the past 3 years added updated cabinetry and countertops, tiled bathrooms, and hardwood flooring. Each suite has smart-lock access, high-speed internet, individual controls, and separately metered electric. The building is fully sprinklered and has a 50-year flat roof.

Coin-operated laundry is available on site. The property is in downtown Newburyport, near shops, restaurants, the waterfront, and the Clipper City Rail Trail. It is zoned B2.

Key Highlights

  • 5,527‑square‑foot apartment property built in 1869
  • 15 studio suites plus a separate owner or manager suite with full bath
  • Renovations completed within the past 3 years

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,792
Businesses Nearby

Demographics for 01950, MA

18,289
Population
8,298
Households
2.2
Avg Household Size
50
Median Age
66%
College-Educated
98%
High-School Grad
8.4 sq mi
ZIP Area
2,177
Density / Sq Mi
$144,259
Median Household Income
$85,573
Median Earnings
$1,511
Median Rent
$792,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Individual suite controls, smart-lock entry, and separately metered electric support distinct resident access and utility management.
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 $3,400,000.
What are key features of this property?
This property features: 5,527‑square‑foot apartment property built in 1869; 15 studio suites plus a separate owner or manager suite with full bath; Renovations completed within the past 3 years
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