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38 Orchard St Amesbury, MA 01913
Listing 72419612
  • Beds 8
  • Baths 4
  • sqft 3,600
$615,000
  • Status Sold
  • Property Type Multi-family
  • Sold Date January 23 2019

About This Property

Endless possibilities w/ this beautiful 4 unit, 8 bedroom, 4 bath, & approx 3,600 sqft income property! Perfect opportunity for a live & rent buyer OR buy n hold investor for cash flow and then condo convert. Property consists of 4 equal sized units. All 2 beds, 1 bath, approx. 900sqft each unit. 2 units recently updated w/ new kitchens, baths, windows, floors have been redone, freshly painted. The other 2 units good condition w/ long term tenants. Potential to add attic to each of the top 2 units to make townhouse style units OR turn into a 5th unit w/ town approval. Loads of potential. Bring your buyers to show them the best value on the market. Rents are projected $66,600/year. See attached income & expense breakdown. Mostly separate utilities. Excellent location. Less than ½ mile to downtown Amesbury’s restaurants, shops, cafés, breweries, stores, and lots more! Located near the “Golden Triangle” minutes to RT 95, RT 495 and RT 110 ideal for commuters.

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