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Backup Offers

50 Market St, Amesbury, MA, 01913

$1,195,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
6 Full Baths
3,933 SqFt
$304/SqFt
Multi
Schools Nearby

Location

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50 Market St, Amesbury$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1890
MLS #73202031
Lot Size0.10 Acres
StatusAccepting Backup Offers
(Contingent)

About 50 Market St

An exceptional investment opportunity to own a 6-unit in the heart of Amesbury! This property is a perfect addition to your portfolio, boasting 8 bedrooms, 6 bathrooms, a prime location, and a track record of reliable and steady renters. Situated in the sought-after area of Amesbury, 50 Market St. offers a strategic investment in a thriving community. The property's existing tenants provide a stable income stream, making it an ideal choice for savvy investors looking to enhance their real estate portfolio. One of the key features of this investment is the potential for rent growth. With a carefully curated property management strategy, you can capitalize on the area's upward trend in rental rates, maximizing your return on investment.

Property Details

Property Features

Property Information:

  • Year Built: 1890
  • Living Area: 3,933 SqFt

Listing Office:

  • Office Name: Matias Realty, LLC
  • Listing Agent: Magdiel Matias

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 8

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.10 Acres

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
  • Price Per SqFt: $304/SqFt

Agent Commission:

  • Buyer's Agent Commission: 2%

Tax Information:

  • Annual Amount: $9,036
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Amesbury, MA.

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Amesbury, MA

City

Med. Sold Price

$610K

Med. Price/SqFt

$336

Avg. Days On Market

19

# of Sold Homes

20

50 Market St vs Amesbury

72 DAYS ON ROCKET

+53 Days

$1,195,000

+$585K More

$304/SqFt

-$33 Less

KEY TAKEAWAY

This property is $585K more than the Median Sold Price and $33/SqFt less than other homes in Amesbury, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73202031

Listing Office:

  • Office Name: Matias Realty, LLC
  • Listing Agent: Magdiel Matias

IDX Disclaimer: The property listing data and information 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 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 set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/2/2024, 6:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2018Home Sold
$580,000
Oct 23, 1991Home Sold
$129,000
Apr 14, 1989Home Sold
$230,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,036$495,100
2020$8,642$503,000
2019$6,959$378,800
2018$6,105$321,500
2017$5,959$298,700

History based on county public records data.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4904068
6
/10

  • Amesbury Elementary School

  • 20 S Hampton Rd

  • 0.47 miles

  • Public District Grades PK-4

school-card-donut-4904069
6
/10

  • Charles C Cashman Elementary School

  • 193 Lions Mouth Rd

  • 1.00 miles

  • Public District Grades PK-4

school-card-donut-4904070
6
/10

  • Salisbury Elementary School

  • 100 Lafayette Rd

  • 3.19 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,556. Most Amesbury, MA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Massachusetts›Essex County›Amesbury›01913›50 Market St

This home is located at 50 Market St in Amesbury, MA and zip code 01913. This 3,933 square foot home, which was built in 1890, sits on a 0.10 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since February 20, 2024 and is currently priced at $1,195,000.

While more than 13 listings in Amesbury, MA in April 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. The number of homes for sale in Amesbury, MA increased by 21.3% between March 2024 and April 2024. Listings spent 19 days on the market in April 2024, and had a median list price of $610,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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