Newburyport, MA 01950,147-149 Merrimac St #7-8
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Newburyport, MA 01950,147-149 Merrimac St #7-8
Newburyport, MA 01950,147-149 Merrimac St #7-8
Newburyport, MA 01950,147-149 Merrimac St #7-8
Newburyport, MA 01950,147-149 Merrimac St #7-8

$285,000

Est. payment /mo

$298,500

4.5%
Est.Price: ?

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147-149 Merrimac St #7-8 Newburyport, MA 01950

SOLD DATE : 03/14/2025

Key Details

Sold Price $285,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73327914

Sold Date 03/14/25

HOA Fees $208

HOA Y/N true

Year Built 1850

Annual Tax Amount $1,666

Tax Year 2024

Property Description

Investors: This is a great investment with a 10.3 Cap Rate. This 850 square foot commercial space is made up of two combined commercial condos, units 7 & 8. This space can be used for retail or office space.There is a bright and open reception area with work stations, a large conference room with a wall mounted television screen for presentations, a private office with it's own exterior entrance and a storage closet and bathroom. The heat and lighting is all electronically controlled through your smart phone and the space has been updated in the past eighteen months. The heat is natural gas forced hot water and the AC is a wall mounted AC unit that cools the whole space. Low condo fee of $208 a month includes, master insurance, water and sewer, exterior maintenance and snow removal. This is a prime location with maximum visibility and signage. List agent is the owner of the unit.

Location

State MA

County Essex

Zoning OFF CONDO

Direction Merrimac St towards downtown Newburyport. 147-149 is on the right.

Exterior

Utilities Available Public Water, Public Sewer, Natural Gas Available

Others

Senior Community false

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Listed by eXp Realty
Bought with The Bakhtiari Group • Compass
agent
Thomas Goss

Agent | License ID: 35912

+1(401) 640-6894 | thomas@thegossteam.com

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