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Two-Family Residential Income Property

6-8 & 9 Richs Court Amesbury, MA 01913

Claim this Listing
New
For Sale
$799,000

MULTI_FAMILY - Amesbury, MA

Property size:
3,165 SF
Lot size:
0.16 Acres
Price / SF:
$252/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 4:06 am

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 1, Bedroom 4, Bedroom 3, 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 agent Keller Williams Realty Evolution

Listing office Keller Williams Realty Evolution 2 New Pasture Road, Unit 1, Beverly, MA

Listing date Jul 9, 2026

MLS# 73547656 Listing URL

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.

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 (±1% cap)
NOI $53,318 @ 7.0% cap · market cap 6.67%
Second Best
Apartment 5plus
$687.5K
$601.6K – $802.1K (±1% cap)
NOI $48,128 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.87M
$1.64M – $2.19M (±1% cap)
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

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store Barber Shop Grocery & Convenience Store Home Appliance Store Garden Center

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

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
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