11 Charter St Newburyport — Photo 1 of 14
$3,400,000
Investment Analysis — 11 Charter St
Newburyport, MA 01950
Based on rent reported on the MLS listing, a 16-unit multi-family in 01950 carries $9,052/mo in gross rent — about a 2.01% cap rate and $68,507/yr in estimated NOI at the $3,400,000 list price. Adjust every assumption in the calculator below.
Beds
16
Baths
16
SqFt
5,527
Style
5+ Family - 5+ Units Up/Down
Built
1869
Back on market due to prior buyer’s failure to preform. Renovated 15-unit residential asset in downtown Newburyport, comprising 15 studio suites plus an owner/manager suite with full bath. Renovated within the past 3 years, each suite features hardwood flooring, tiled baths, updated cabinetry and countertops, smart-lock access, high-speed internet, and separately metered electric with individual controls. Building is fully sprinklered and includes a 50-year flat roof. On-site coin-operated laundry. A clean, modern, low-maintenance asset in a highly desirable downtown location near shops, restaurants, the waterfront, and the Clipper City Rail Trail.’
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Oven • Microwave • Refrigerator • Freezer
Neighborhood
Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Golf
Geography
Property History
$3,400,000
Aug 10, 2026
MLS® 73561596
$3,600,000
May 11, 2026
MLS® 73450760
$3,600,000
Nov 3, 2025
MLS® 73450760
$3,500,000
Mar 12, 2025
MLS® 73323988
$3,500,000
Jan 7, 2025
MLS® 73323988
Listing Agent: Christian Smith
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73561596
