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EXCEPTIONAL INVESTMENT OPPORTUNITY - Turn-key three family in excellent condition located in one of Newburyport's finest neighborhoods with outstanding rental history, beautiful backyard, generous parking and high net operating income with a CAP rate over 6%. Major improvements include high-efficiency replacement windows, new siding, newer mechanical systems and granite counters. This well maintained multifamily features two side by side townhouses and a third open concept unit in back addition with potential loft space for extra storage or loft bedroom. Each unit comes equipped with their own washer / dryer and also offers separate utilities. Investor / buyer options abound with this property as an owner-occupied multi-family with positive cash flow, as an investment property with solid rental history and $83,400 in gross annual income or as an easy condo conversion. Don't let this opportunity pass you by. FIRST SHOWINGS AT INVESTOR OPEN HOUSE - Oct. 12th 11:00 AM to 1:00 PM
Listed by Kevin Lawless of Stone Ridge Properties,Inc.

Listing Sold by Bentley's

Property Details of 5-7 Ashland Court

Property Details

Interior Features

Utilities and Appliances

Community

Map Location

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