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Multi-Family Homes

7 & 9 Mechanic Place Gloucester MA 01930

MLS Number 72764385

  • Multi-Family 2 Family - 2 Units Up/Down
  • Total Parking Spaces 5
  • Year Built 1920
  • Bathroom 2
  • Full Bath 2

A unique, private Gloucester paradise! Two oceanfront Homes, #7&9, each with sole access to a granite-lined, private beach. These separately deeded year-round houses - one single-family and one 2-family are being sold together. View amazing open ocean, sunset scenes out to Ipswich Bay and the NH coast from your waterfront deck. Gather with family and friends to relax on the white sand beach, swim, kayak, and enjoy many other water sport activities. Share many healthy and sunny days together on your own private beach. #7 is a two-family Home with a detached one-car garage. 1st Floor: 5 Rms - 2 Bedrooms/1 Bath. 2nd Floor: 3 Rms - 1 Bedroom/1 Bath.These Homes have been in the same family for generations and are set back from the road with easy driveway access. Total parking for both 7&9 Mechanic Place is 5+. Sold with #9 Mechanic Place, please refer to MLS co-Listing #72764384. #9 is a single-family Home - 7 Rooms; 3 Bedrooms/1 Bath.

Listed by Jill Montoni of Keller Williams Realty

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$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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189 Atlantic Avenue Salisbury MA 01952

MLS Number 72733008

  • Multi-Family 5-9 Family
  • Total Parking Spaces 11
  • Year Built 1985
  • Bathroom 10
  • Full Bath 10

Once in a lifetime opportunity. Do not hesitate. Review the value of each building and each unit. Look very closely at what you are about to own: Right on the beachfront with direct, unrestricted access to the majestic Atlantic Ocean. In addition, you not only get outstanding ocean views with beautiful sunrises but also some of the most spectacular views of the Merrimack River, the Great Salt Marsh, along with stunning sunsets. No one can ever build to the east or west of your new property, taking away any of the aforementioned views. This is not a property that consists of small units. There are two large four-unit buildings, six units w/3 bedrooms each and two units w/2 bedrooms each for 22 total bedrooms. A great investment opportunity with potential rental income in the range of $160-$200K. This property can also be converted to 8 condominiums. The two main units alone would be valued between $550-$650K. each. Reach out for more details and further information.

Listed by Thomas J Saab and Brittany Saab of Tom Saab Real Estate

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%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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347 High Street Newburyport MA 01950

Newburyport, MA347 High Street

Price$2,499,900

Est. Mortgage: $/month

MLS Number 72831704

  • Multi-Family 2 Family
  • Total Parking Spaces 7
  • Year Built 1804
  • Bathroom 5
  • Full Bath 4

Grand High Street Federalist first time available in 28 Years! Ebenezer Hale house was built in 1803 which was later converted to a two family property offering an 800+ Sq. ft. 1 bedroom apartment above the 3 car garage on just under an acre of land. The main house has had major renovations and a large addition adding on first floor a Chefs Kitchen open to family room and entry foyer. 2nd floor offers a massive Master Wing with sitting / dressing room, laundry room and office with balcony overlooking backyard, along with large walk in closet and elegant master bath. 3rd floor adds the perfect kid's wing with large play room / 3rd bedroom and 2 additional bedrooms and full bath. Need an in law or Au Pair or just rent out apartment as sellers have, it is great bonus value! Newburyport lifestyle is second to none is this glorious home with all the modern comforts. Open House Sunday 11-1pm 5/16 for first showings, offers will be reviewed as presented.

Listed by Robert Bentley of Bentley's

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%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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3 11th Street Newbury MA 01951

Newbury, MA3 11th Street, Plum Island

Price$1,799,000

Est. Mortgage: $/month

Active With Contract

MLS Number 72847488

  • Multi-Family 3 Family - 3 Units Up/Down
  • Total Parking Spaces 6
  • Year Built 1960
  • Bathroom 5
  • Full Bath 5

Imagine Owning this waterfront, legal 3 family home with breathtaking, unobstructed views of the Ocean from Maine to Cape Ann. This Plum Island property is all about the location, spectacular sunrises and direct access to the water and beach! 16,636 sq. ft. triple lot. Two larger 3 bed 2 bath units are on the top two floors, each with two oceanside decks and also on the street side. The third one bedroom unit is on the first floor with water views and a shared ground level deck. 2019 New Propane heating system. Live in One unit and Rent the other two, or rent all three units. Proven rental income potential. Plenty of parking. Extra room for expansion on first floor level. Why take the ferry to Nantucket when you can escape the City traffic to an oceanfront Plum Island oasis, just 45 minutes from Boston. All offers due by Tuesday June 15th 6pm. Closing to be in Sept.

Listed by Linda McKeehan of Seas the Day Realty

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$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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87-89 Broad Street Lynn MA 01902

Lynn, MA87-89 Broad Street

Price$1,675,000

Est. Mortgage: $/month

MLS Number 72825982

  • Multi-Family 5-9 Family
  • Total Parking Spaces 10
  • Year Built 1920
  • Bathroom 10
  • Full Bath 10

CASH COW! 6% CAP RATE & FULLY RENTED! Looking to complete your 1031 and want an easy turn key property? 5 units spread between two buildings with loads of parking in convenient location this is a landlords dream. Steady rental history with room to grow rents higher as well. All units in good condition and building has low maintenance needs. Walking distance to commuter rail, restaurants, and shopping.

Listed by Thomas Mario of Century 21 Mario Real Estate

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$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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8 - 8 1/2 Herbert Street Salem MA 01970

Salem, MA8 - 8 1/2 Herbert Street

Price$1,650,000

Est. Mortgage: $/month

Active With Contract

MLS Number 72840948

  • Multi-Family 5-9 Family
  • Year Built 1900
  • Bathroom 9
  • Full Bath 9
  • Bedrooms 10

Rare, 9 unit investment property for sale at a very attractive 7.1% Cap Rate. Located in the historic Derby Street area, minutes from Salem Common, Hawthorne Hotel, numerous shops and restaurants, Peabody Essex Museum, Salem Harbor, Salem Train Station and nearby beaches at Salem Willows Park, Collins Cove, Winter Island and Dead Horse Beach. The 9 units (8 one-bed and one lead compliant two-bed unit) are distributed across a 2 family and a 7 unit building. All leases are TAWs and many tenants have been there for several years. Pro-forma analysis and rent roll are available to qualified buyers. All offers must include pre-approval from lender and proof of funds. First showings to qualified buyers will be by appointment between 1 pm - 3 pm on Saturday June 5 and Sunday June 6. Face masks required.

Listed by Kathleen Sullivan and Terrence Sullivan of RE/MAX 360

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$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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224 Main Street Rowley MA 01969

Rowley, MA224 Main Street

Price$1,599,900

Est. Mortgage: $/month

MLS Number 72725072

  • Multi-Family 4 Family
  • Total Parking Spaces 20
  • Year Built 1805
  • Bathroom 5
  • Full Bath 2

Investor / Developer Opportunity! Located in the Central Business District this home is mixed use and could possibly be developed into multiple residential units. Similar properties in Rowley have recently been developed into condos. The Commercial building is currently two commercial heated and air conditioned units but would need to have separate meters installed. The homes exterior was restored approximately ten years ago with Hardie Plank siding, an architectural shingled roof, wooden shutters and Jeld-Wen windows. The main residence has a beautifully updated kitchen with tiger maple cabinets and granite and the apartment kitchen also has custom cabinetry and granite. There are 8 fireplaces, high ceilings and good sized closets. The property consists of the the main residence, apartment & Commercial spaces totaling 9,090 square feet and a storage building sited on a corner 1.38 acre lot with great exposure. $10,900 rental income potential.

Listed by Douglas Danzey of eXp Realty

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$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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18 Watson Street Marblehead MA 01945

Marblehead, MA18 Watson Street

Price$1,599,000

Est. Mortgage: $/month

MLS Number 72828736

  • Multi-Family 5-9 Family
  • Total Parking Spaces 20
  • Year Built 1900
  • Bathroom 6
  • Full Bath 6

**6 UNIT INVESTMENT PROPERTY** Being used as 5 units. Consist of (4) -1 bed units; (1) 2+ bed units. Whether you're a buy & hold investor, developer looking to condo convert or convert back to single family, Airbnb, potential to convert to 6 units. There are 6 gas meters & 6 electrical meters in place for each unit. So much potential w/ this property w/ just over 1/4 acre of land. Property is centrally located to all that Marblehead has to offer: beaches, harbor, shops, restaurants, cafes, health & fitness studios and lots more. Current rent roll is below market w/ long term tenants at will. All separate utilities, new plumbing, heating & electrical. 12+ off-street parking including 6 garage bays. New siding, new roof, newer boilers. Phenomenal location. Seller has made lots of improvements over the past year. Seller reserves the right to reject any and all offers. Buyers to cooperate w/ sellers 1031 Exchange time-frame. Buyer and/or buyers agent to perform their own due diligence.

Listed by Stephen Martin of Lux Realty North Shore

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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30 Webster Avenue Beverly MA 01915

Beverly, MA30 Webster Avenue

Price$1,595,000

Est. Mortgage: $/month

MLS Number 72847376

  • Multi-Family 5-9 Family
  • Total Parking Spaces 12
  • Year Built 1900
  • Bathroom 9
  • Full Bath 8

GROUP SHOWING SATURDAY 11-1 AND TUESDAY 4-5:30. See paperclip for floor plansSix family residence in Beverly Farms on nearly an acre of land. This is a rare find property is over 7,000 square feet and features dramatic original details, large spacious rooms and multiple decks porches and unique spaces. Large parking area for 12+ car parking. Several of the apartments span over 1,200 feet. Originally part of a grand estate 30 Webster is an excellent opportunity to acquire a Beverly farms apartment building with large amounts of upside for investors. Property also features a flexible floor plans for future use as well as gas going into building. New electrical service put into building as well. Please view as built architect plans on paperclip.

Listed by Herrick Lutts Realty Partners of Herrick Lutts Realty Partners

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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7 Riggs Gloucester MA 01930

Gloucester, MA7 Riggs

Price$1,525,000

Est. Mortgage: $/month

Open House

MLS Number 72815719

  • Multi-Family 5+ Family - 5+ Units Up/Down
  • Next Open House: Sat 06/19 12:00 pm. to 2:00 pm.
  • Total Parking Spaces 3
  • Year Built 1904
  • Bathroom 7

If you think you missed your opportunity to purchase this income producing property, well now is your chance. If you are looking for an investment or 1031 exchange then look no further than this multi-family property close to the ocean. One block from Stacey Boulevard and Gloucester's outer harbor and the famous Greasy pole, this property is located in close proximity to downtown and all the excitement this seacoast city has to offer. Per city of Gloucester records, this is a 4 to 8 unit building, but it is currently being utilized as a 5 unit building. Come explore the potential of this ideally located, income-producing property.

Listed by Hope Watt-Bucci of Coldwell Banker Realty - Manchester

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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136-138 Flash Road Nahant MA 01908

Nahant, MA136-138 Flash Road

Price$1,450,000

Est. Mortgage: $/month

MLS Number 72848016

  • Multi-Family 4 Family
  • Total Parking Spaces 10
  • Year Built 1900
  • Bathroom 4
  • Full Bath 4

Location! Location! Big Nahant 4 Family!! Investor or Owner Occupied Works! Beautiful Ocean Views From This One of A Kind Home and Investment Property! Overlooking The 6th Hole of Nahant Golf Course and Just Steps to Short Beach This 18 Room, 9 Bedrooms, and 4 Full Baths Is A Rare Offering! Owner's Unit is Completely Remodeled Townhouse Style With 6 Rooms, 3 Bedrooms and 1 Full Bath. Granite Kitchen With Recessed Lighting and Adjoining Dining Area and Hardwood Floors Throughout! Like Single Family Living! The Other 3 Two Bedroom Units Offer Great Income Potential! Each Unit Has Eat-In Kitchens, Hardwood Floors, and Lots of Closet Space! 4 Separate Heating Systems, Separate 100AMP Electric and 4 Hot Water Heaters! Plenty of Off Street Parking and 2 Car Garage. Private Large Level Fenced Yard For Entertaining! Great Value!

Listed by Colleen Toner of Toner Real Estate, LLC

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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66 Argilla Road Ipswich MA 01938

Ipswich, MA66 Argilla Road

Price$1,385,000

Est. Mortgage: $/month

MLS Number 72835758

  • Multi-Family 3 Family
  • Total Parking Spaces 10
  • Year Built 1850
  • Bathroom 4
  • Full Bath 3

This property has one large house and two additional apartments attached. The main house is gorgeous with generous stairs/hallways, newer windows and three floors of gracious living. Both apartments have newer kitchens and baths and have been completely rewired. New boilers were installed this year. Offers, if any, will be reviewed at 6pm Monday 24th.

Listed by Binni Hackett & Team and Char Glessner of J. Barrett & Company

$
$
%
$/month over payments
Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

Save FavoriteSchedule TourAsk A QuestionMore Details

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 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.

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