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49 W Greenwood St Amesbury, MA 01913

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For Sale
$1,349,000

Fully rented 5-unit multifamily property with recent renovations.

Lot size:
0.22 Acres

Property Features for 49 W Greenwood St

General Information

Lot size
0.22 Acres

Building Details

Year built
1900

Source: William C. Ricci Agent William Ricci

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Turnkey Multifamily in Amesbury

This is an exceptional turnkey, fully rented 5-unit multifamily property located on a quiet dead-end street in Amesbury. The property features three spacious 2-bedroom units, one 1-bedroom unit, and one studio, along with a private garage. Four of the five units have been fully renovated with high-end finishes. Recent improvements completed by Ricci Design-Build include a new asphalt roof and hot water heater, ensuring minimal upkeep for years to come. A brand new oil tank for the hot water heater is scheduled for installation this week. The exterior is designed for low maintenance. Well-maintained gas boilers are in place, and there is income-producing laundry on-site. The property benefits from quiet, respectful tenants, including several long-term residents, providing stable occupancy and reliable cash flow. This is a rare opportunity to own a low-maintenance, fully leased investment in a desirable neighborhood, with potential for further upside as some rents remain below market.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Amesbury
County
Essex
State
Massachusetts
Longitude
-70.9382657
Latitude
42.8489555

FAQs

What type of property is this?
Apartment building - Fully rented 5-unit multifamily property with recent renovations.
Where is this apartment building located?
The property is located at 49 W Greenwood St Amesbury, MA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: - Turnkey, fully rented 5-unit multifamily property ensures immediate income.; - Four of five units are fully renovated with high-end finishes.; - Recent major updates by Ricci Design-Build, including a new asphalt roof and hot water heater.
More about this property
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