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Back on market due to prior buyer's failure to preform. Renovated 15-unit residential asset in downtown Newburyport, comprising 15 studio suites plus an owner/manager suite with full bath. Renovated within the past 3 years, each suite features hardwood flooring, tiled baths, updated cabinetry and countertops, smart-lock access, high-speed internet, and separately metered electric with individual controls. Building is fully sprinklered and includes a 50-year flat roof. On-site coin-operated laundry. A clean, modern, low-maintenance asset in a highly desirable downtown location near shops, restaurants, the waterfront, and the Clipper City Rail Trail.'

More Info

Basic Information

  • Gross Income $407,340
  • Lot Features Cleared, Level
  • Mls StatusNew
  • Parcel Number M:0006 B:0035 L:0000,2084632
  • Rent Includes Unit 1(Water, None), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Tax Information

  • Tax Assessed Value $1,466,300
  • Tax Year 2025
  • Taxes$14,047

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Rooms

  • Bathroom16
  • Bathrooms Total Decimal 16
  • Bedrooms16
  • Full Bath16

Basic Information

  • List Price$3,400,000
  • MLS Number73561596
  • Modification Date08/10/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Location

  • Address11 Charter Street
  • Building Number11
  • CountyEssex
  • StateMA
  • StreetCharter Street
  • TownNewburyport
  • Zip01950

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationConcrete Perimeter
  • Levels 5
  • Patio And Porch Features Deck - Vinyl
  • Rooms16
  • Stories5
  • Units16
  • Utilities For Electric Range, For Electric Oven, For Gas Dryer
  • Window Features Screens
  • Year Built1869
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.1

Interior

  • Flooring Tile, Hardwood, Wood, Stone/Ceramic Tile
  • Interior Features
    • Bathroom with Shower Stall
    • Floored Attic
    • High Speed Internet
    • Kitchen
    • Laundry Room
    • Living Room
    • Office/Den
    • Remodeled
    • Smart Thermostat
    • Stone/Granite/Solid Counters
    • Storage
    • Studio
    • Upgraded Cabinets
    • Upgraded Countertops

Exterior

  • Exterior Features Rain Gutters, Sprinkler System
  • Fencing Fenced/Enclosed, Fenced
  • RoofShingle

Utilities

  • Cooling CommonIndividual, Unit Control, Ductless
  • Electric 220 Volts, Individually Metered
  • Heat SystemYes
  • Heating
    • Common
    • Ductless
    • Electric
    • Individual
    • Unit Control
    • Wall Unit
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 5,527
  • Lot Size Square Feet 4,380
  • Lot Size Units Acres
  • Square Feet5,527

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Marina
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedRange, Oven, Microwave, Refrigerator, Freezer
  • Other AmenitiesBasement, Golf, Tennis
  • Security Features Security System

Water Body

  • Waterfront Features Ocean, River, Beach Ownership(Public)

Other

  • Date Listed08/10/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Christian Smith of Keller Williams Realty Evolution

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