11-13 Aubin St

Amesbury, MA 01913 View Map $1,400,000 Ask a Question
11-13 Aubin St Amesbury 01913 MA | multi-family listing $1,400,000 73120103 Photo 1
11-13 Aubin St Amesbury 01913 MA | multi-family listing $1,400,000 73120103 Map
Bean Group

Bean Group

(603) 932-5600

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Status: Sold
Property Type:5-9 Family
MLS #:73120103
Sq. Feet:6,900
Date Sold:6/29/2023
Lot Size:0.6 Acres
**INVESTMENT OPPORTUNITY** Purchase 7-units; one block from downtown Amesbury **Buy n Hold or Condo Convert or 1031Exchange. Consists of 2 adjacent buildings (4unit & 3-unit) one lot. 3 unit renovated in 2017. Each unit has 2 beds/1bath. Parking 14+ cars. Rents are below market - All but 1 tenant is TAW. Projected rents = $163,800/yr (ave $1,950/mo per unit) - See Projected Income & Expense Breakdown. Opportunity to add value by increasing rents to market rate. Potential to add building on lot. Buyer and/or buyer's agent responsible for their own due diligence. Seller and/or seller's agent make no warranties or representations on the accuracy of this information. Excellent location just one-block from shops, restaurants, breweries and all that Amesbury has to offer. 1st Group Tour starts prompt @ 2pm on Wednesday June 7th. Offers due June 9th by 5pm. Sorry, not able to accommodate earlier showings. Easy access to Routes 95, 495, and 110. Don't miss out on this opportunity.

Detailed Maps

Community Information

Address:11-13 Aubin St, Amesbury, MA 01913
Zip Code:01913


Bedrooms: 14
Bathrooms: 7
Year Built:1900
Construction Materials: Frame
Building Area: 6900
Foundation: Concrete Perimeter, Block, Stone
Basement: Full
Parking Features: Paved Drive, Off Street
Parking Total: 14

Features / Amenities

Appliances: Gas Water Heater
Patio And Porch: Porch, Deck
Total Rooms:28

Property Features

Lot Size: 0.6 Acres
Lot Features: Wooded
Waterfront: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
Sewer: Public Sewer
Water: Public
Electric: 110 Volts
Road Frontage: Public
Directions:Off Main Street

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $19,946
Gross Income: $118,500
Net Operating Income: $81,860
Operating Expense: $36,640
Terms: Contract
Total Actual Rent: $9,875
Buyer Agency Compensation: 2
Transaction Broker Compensation: 1
Buyer Agent Compensation: 2

Listing Agent/Office

Listing provided courtesy of Stephen Martin, Lux Realty North Shore.



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Listing Information Last Updated 12/1/2023
The property listing data and information 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 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 set forth herein.