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11 Charter StNewburyport, MA 01950

For Sale

$3,600,000

Smart Buyer Rebate $18,000

A modern turnkey multifamily asset in the heart of downtown Newburyport, featuring fifteen renovated studio units plus a renovated manager’s office with full shower. Updated within the last three years, each suite includes hardwood floors, tiled baths, upgraded cabinets and counters, smart-lock access, and high-speed connectivity. Units offer individually controlled, separately metered electric service with additional electric baseboard heat in each bathroom. The building also includes coin-operated washers and dryers for added convenience. Streamlined systems and low-maintenance operations support flexible use under the existing lodging license. Located in a premier walkable district near shops, dining, the waterfront, and the rail trail, this property offers exceptional appeal for long-term leasing or continued lodging-based operation.Over $650,000 in gross revenue over the last operating year, reflecting over 50% YOY growth. Full financials, T12 bookkeeper verified.

Listed by Christian Smith

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Keller Williams Realty Evolution

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978-480-8571

Last updated December 02, 2025

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Source: MLSPin #73450760

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Newburyport
  • Bedrooms16
  • Bathrooms16
  • Days on Prevu39
  • Taxes$14,047/year
  • Size5,527 sqft
  • Price per sqft$651

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

11/03/2025
Listed by Keller Williams Realty Evolution
$3,600,000

Property Details for 11 Charter St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House Of Worship, Marina, Private School, Public School, T-Station

Exterior

Construction

  • Number Of Units Total: 16
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Window Features: Screens
  • Year Built: 1869
  • Year Built Details: Actual
  • Construction Materials: Frame
  • Exterior Features: Rain Gutters

Features

  • Fencing: Fenced/Enclosed, Fenced
  • Patio And Porch Features: Deck - Vinyl
  • Road Frontage Type: Public
  • Waterfront Features: Ocean, River, Beach Ownership(Public)

Measurements

  • Building Area Total: 5,527
  • Building Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.10
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,380
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $650,805.00
  • Operating Expense: $255,100.00

Taxes

  • Parcel Number: M:0006 B:0035 L:0000,2084632
  • Tax Annual Amount: $14,047.00
  • Tax Assessed Value: $1,466,300.00
  • Tax Year: 2025

Interior

Features

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

Measurements

  • Living Area: 5,527
  • Living Area Source: Public Record

Rooms

  • Basement: Full
  • Bathrooms Full: 16
  • Bathrooms Total Integer: 16
  • Bedrooms Total: 16
  • Rooms Total: 16

Other

Location

  • Tax Block: 0035
  • Tax Lot: 0000

Parking

Parking

  • Open Parking Spaces: 6
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 6

Utilities

Equipment

  • Cooling: Common, None, Individual, Unit Control, Ductless
  • Electric: 220 Volts, Individually Metered
  • Heating: Common, Wall Unit, Electric, Individual, Unit Control, Ductless
  • Has Heating: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Utilities: For Electric Range, For Electric Oven, For Gas Dryer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 16 bedrooms and 16 bathrooms in this multi-family home at 11 Charter St.

Does this multi-family home have parking?

Yes, there are 6 parking spaces available for 11 Charter St.

What are the annual taxes for 11 Charter St?

Annual taxes for this multi-family home are estimated at $14,047.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,527 sqft.

11 Charter St is a 16-bedroom, 16-bath multi-family home for sale in Newburyport MA 01950. On Prevu for 39 days at $3,600,000. This property features 5,527 square feet of living space, located in Downtown Newburyport. The median listing price for multi-family homes in this area is $1,149,500. The home offers private outdoor space and parking. Explore more multi-family home listings in Newburyport.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.