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INVESTMENT SNAPSHOT
About this property
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.
Property details
| Units | 11 |
| Living area | 5,903 sqft |
| Lot size | 3,560 sqft |
| Year built | 1850 |
| Price / sqft | $542 |
| County | Essex |
| MLS # | 73504490 |
Listing status
| Days on market | 4 days |
| Listed on | April 20, 2026 |
Taxes & financials
| Annual property tax | $12,607 |
| Tax year | 2025 |
| Assessed value | $1,316,000 |
| Zoning | CW |
| Gross income (actual) | $23,280/yr |
| Net operating income (actual) | $23,280/yr |
| Total actual rent | $20,025/mo |
Building & lot
| Stories | 3 |
| Total rooms | 25 |
| Lot size | 0.08 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
Location
More about investing in Newburyport →
Listing courtesy of RE/MAX Bentley's — Alissa Christie. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 32 Market St, Newburyport MA 01950 have?
It is a 11-unit multi-family property with 5,903 sqft of living area, built in 1850.
How long has 32 Market St, Newburyport MA 01950 been on the market?
32 Market St, Newburyport MA 01950 has been listed for 4 days (since April 20, 2026).
What is the price per unit?
At a list price of $3,200,000 across 11 units, that works out to roughly $290,909 per unit.
What are the property taxes on 32 Market St, Newburyport MA 01950?
Annual property taxes are $12,607 (2025), on an assessed value of $1,316,000.
What is the price per square foot?
At $3,200,000 for 5,903 sqft, that's about $542 per square foot.
Where is this property located?
32 Market St, Newburyport MA 01950 is in Newburyport, Essex County, MA 01950.
