Active
142 Days on market
32 Market St Newburyport — Photo 1 of 17

32 Market St Newburyport — Photo 1 of 17

$3,200,000

32 Market St, Newburyport, MA 01950

Newburyport, MA 01950

Beds

11

Baths

11

SqFt

5,903

Style

5-9 Family

Built

1850

TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$542/sqft
Local Avg (Newburyport)$770/sqft
30% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newburyport, MA.

Property Details

Financials

Original Price$3,200,000
Annual Taxes$12,607

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms25
Fireplaces1
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
FoundationStone
ZoningCW

Property & Lot

Acres0.08
SqFt Lot3,560
Lot FeaturesLevel

Neighborhood

Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Bike Path

Geography

Population

18,652

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$140K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

22.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Alissa Christie

Listing Office: RE/MAX Bentley's

MLS® Number: 73504490

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