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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.

More Info

Basic Information

  • Gross Income $23,280
  • Lot Features Level
  • Mls StatusActive
  • Parcel Number M:0047 B:0051 L:0000,2087444
  • Rent Includes Unit 2(Heat, Electric, Water, Other (See Remarks))

Tax Information

  • Tax Assessed Value $1,316,000
  • Tax Year 2025
  • Taxes$12,607

Parking

  • Parking Spaces

Rooms

  • Bathroom11
  • Bathrooms Total Decimal 11
  • Bedrooms11
  • Full Bath11

Basic Information

  • List Price$3,200,000
  • MLS Number73504490
  • Modification Date04/24/2026
  • Property SubType5-9 Family

Location

  • Address32 Market Street
  • Building Number32
  • CountyEssex
  • StateMA
  • StreetMarket Street
  • TownNewburyport
  • Zip01950

Building

  • Building Area Units Square Feet
  • FireplaceYes
  • Fireplaces Total 1
  • FoundationStone
  • Levels 3
  • Rooms25
  • Stories3
  • Units11
  • Year Built1850
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.08

Utilities

  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,903
  • Lot Size Square Feet 3,560
  • Lot Size Units Acres
  • Square Feet5,903
  • View YN Yes

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Highway Access
    • House of Worship
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesFireplace

Water Body

  • Miles to Beach2
  • Waterfront Features Ocean, River,1 to 2 Mile To Beach, Beach Ownership(Public)

Legal

  • ZoningCW

Other

  • Date Listed04/21/2026
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Alissa Christie of RE/MAX Bentley's

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