Sean Perkins - Stone Ridge Properties

180 Water St, Newburyport, MA 01950

Joppa

Multi-Family

$569,900
Price
$550,000
Sale Price

2
Units
1,837
Approx. GLA
Spectacular water views of the Merrimack River, Plum Island and Joppa Flats await you from this quaint Nantucket style shingled Colonial home sited directly across from Joppa Park & Newburyport's seawall. Enjoy the enchanting and ever-changing vistas of tides, sailboats, kayaks, waterfowl and soring Eagles - all to the lyrical cacophony of seagulls. Currently, a legal two family, this home could easily be converted into your dream home, as a single family. You could also live in one unit and offset your carrying costs by collecting rent from the other unit, while building equity in this fabulous location. Walk to downtown, take a stroll on Newburyport's Rail Trail, which is just steps away from your back door or launch your kayak from the nearby public boat ramp. Recent roof, new furnace and updated mechanical systems. Enjoy the best of what life has to offer with an amazing view!
Highlights
Terms: Other (See Remarks)
Sale Price: $550,000
Settled Date: 12/9/2016 12:00:00 AM
Area/Village: Joppa
Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
List Price: $569,900
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 3
Baths: 2
Units: 2
Year Built: 1850
Year Round: Yes
Approx. GLA: 1,837
MLS#: 71985442
 
 
Interior
Basement: Yes
Electricity Cost: $925
Electric Features: Circuit Breakers, 200 Amps
Heating Units: 1
Heating Zones: 2
Flooring: Wood, Tile
Energy: Storm Windows, Storm Doors
Hot Water: Natural Gas, Tank
Rooms: 7
Lead Paint: Unknown
Total Floors: 3
UFFI: No
Exterior
Water: No
Facing: North
Acres: 0.04
Lot Size: 1,760.00
Lot Description: Paved Drive, Other (See Remarks), Scenic View(s)
Foundation: Fieldstone, Brick
Foundation Size: 22 x 35
Parking Spaces: 3
Parking Features: Off-Street, Tandem, Improved Driveway
Road Type: Public
Color: Natural
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range
Exterior: Shingles, Wood
Exterior Features: Deck - Wood, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $454,000
Taxes: $6,079
Tax Year: 2016
Book/Page: 18427/112
Warranty Available: No
School
Grade School: Brown
Middle School: Bres. / Nock
High School: Newburyport HS
Beach
Beach: Yes
Miles to Beach: 1/2 to 1 Mile
Beach Description: Ocean, Other (See Remarks), Access
Beach Ownership: Public
Expenses
Expenses Source: Owner Provided
Gross Income: $33,600
Gross Expenses: $13,188
Total Rent: $2,800
Net Income: $20,412
Gas Cost: $2,750
Heat Cost: $2,300
Insurance Cost: $1,500
R&M Cost: $750
Sewer Cost: $434
Water Cost: $400
Misc. Cost: $350
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Other (See Remarks), Bike Path, Marina, Public School
Disclosure Declaration: Yes
Disclosure: Two sets of Tenants (TAW) require a minimum of 24 hour notice.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 3 1 0 1 1 0 No 1 $1,100
Unit 2 4 2 0 2 1 0 No 2 $1,700
Units Extras
Unit 1
Rent Includes:  Heat, Electric, Gas, Water  Cooling:  Window AC, Other (See Remarks)  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Central Heat, Forced Air, Gas  Interior:  Picture Window, Wood Flooring, Ceiling Fans, Storage  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Unit 2
Rent Includes:  Heat, Electric, Gas, Water, Hot Water  Cooling:  Window AC  Applicances:  Range, Dishwasher, Refrigerator  Heating:  Central Heat, Forced Air, Gas  Interior:  Wood Flooring, Cathedral/Vaulted Ceilings, Other (See Remarks), Balcony/Deck  Rooms:  Kitchen, Living RM/Dining RM Combo 
Map
The listing office is Stone Ridge Properties, Inc. and the listing agent is Kevin Lawless. 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 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 or leasing 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 or leasing. MLS Property Information Network, Inc. and it's 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. The data was last modified on 9/25/2017 6:05:00 PM.
 
Sean Perkins
Sean Perkins
CBR, Realtor
Stone Ridge Properties