MLS® ID: 72282992
229 Merrimac St.
Newburyport, Massachusetts, 01950 $1,350,000
Back on Market
Fabulous investor/builder opportunity with this multi-family lovingly maintained and managed by the owner-occupant for many years. This Six-unit property enjoys fabulous return on investment with annual gross income of $98,100. Low maintenance vinyl siding. Generous lot with plenty of parking. Owners’ first floor unit adds another 2 spacious bedrooms into the mix, with amenities like central air conditioning, gas fireplace, and master bathroom with jetted tub. Location Location Location! Property is located just far enough away from the downtown to avoid the summer traffic. But is ideally situated across from Cashman Park, with public boat ramp, tennis and basketball courts, riverfront playground, soccer fields, dog park, and official entry to the city’s Clipper City Rail Trail with its easy access to downtown and Railway station.