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119 Elm St
Amesbury, MA 01913
Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Value Add Investment
  • Well Located- High Rental Demand
  • Upside Investment- 80% TAW
  • 6.4% Current Cap Rate
  • Recent Improvements

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.33 AC
Building Size 5,896 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1880/2020
Parking Ratio 1.25/1,000 SF
Zoning R8 - Well located on Elm Street, Amesbury, with excellent access to commuter routes.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 $1,625 -
3+1 1 $2,125 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
AMES-000054-000000-000003
Land Assessment
$225,000
Improvements Assessment
$720,500
Total Assessment
$945,500
  • Listing ID: 26992669

  • Date on Market: 10/28/2022

  • Last Updated:

  • Address: 119 Elm St, Amesbury, MA 01913

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