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Property view

23 State Street, 
Newburyport, MA 01950

$1,200,000


3

Beds


3

Baths


2,491

Sq Ft


Multi-Family

Sold

Listed by

The Bakhtiari Group

Sean Bakhtiari

Compass

9782488081

MLS#

73315747

Source:

MLSPIN

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About This Home

23 State Street

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.

Home Facts

Multi-Family

3 Baths

3 Bedrooms

Built in 1800

Price Summary

1,250,000

$501 per Sq. Ft.

MLS #:

73315747

Sold:

January 31, 2025


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,491 Sq. Ft.


Structure

Structure

Building Area:

2,491 Sq. Ft.

Year Built:

1800


Lot

Lot Size (Sq. Ft):

3,088


Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$501 per Sq. Ft.

Source:MLSPIN
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.