11-13 Aubin St

Amesbury, MA 01913 View Map $1,400,000 Ask a Question
Beds14
Baths7
Sq.Ft.6,900
Year1900
11-13 Aubin St Amesbury, MA 01913 | MLS 73120103 Photo 1
11-13 Aubin St Amesbury, MA 01913 | MLS 73120103 Map

Five Market Realty Group LLC

(978) 539-7335

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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
County:Essex
**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
County:Essex
City:Amesbury
Zip Code:01913

Architecture

Bedrooms: 14
Bathrooms: 7
Year Built:1900
Stories:5
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
Zoning:R8
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 6/18/2024