INNOVATE
Real Estate
No photos available for this listing

$3,200,000

32 Market St, Newburyport MA 01950
Newburyport, MA 01950
Listed by Alissa Christie
Bedrooms
11
Bathrooms
11
Living area
5,903 sqft
Year built
1850

About this home

TURNKEY INCOME WITH UPSIDE! Downtown Newburyport, rare opportunity to own a prime 11-unit asset just steps to the waterfront, restaurants, shops, and everything that makes Newburyport one of the North Shore’s most desirable destinations. Previously the Inn at Newburyport and currently operating as furnished rental units, with strong in-place income. Thoughtfully maintained and improved, featuring durable Hardie Plank siding and numerous upgrades that enhance long-term ownership appeal while minimizing near-term capital needs. Investors will appreciate the immediate cash flow along with future flexibility. Continue operating as a high-performing rental or explore other creative options. Inquire for financials the 11 units! Buyers to perform their own due diligence.

Highlights

ViewFireplace

Property details

MLS #
73504490
Property type
5-9 Family
Subdivision
N/A
Status
Active
Days on market
N/A
On market date
N/A
Stories
3
Garage spaces
N/A
Lot size
0.08 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Edward G. Molin Elementary School
0.63 mi away · Grades 4-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
281
Student:teacher ratio
10.0:1
District
Newburyport
Middle
Rupert A Nock Middle
0.63 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
480
Student:teacher ratio
9.6:1
District
Newburyport
High
Newburyport High
0.59 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
784
Student:teacher ratio
11.7:1
District
Newburyport

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$19,421/mo
$640,000 down
$2,560,000 loan
Principal & interest$16,604
Property tax (est.)$2,667
Home insurance (est.)$150

Similar homes you might like

No photo
$3,650,000
556 Cambridge/32 Gordon Package, Boston MA 02134
Boston, 02134
26 bd·25 ba·17,410 sqft
Listed by The Residential Group
No photo
$3,600,000
34 Vinton St, Boston MA 02127
Boston, 02127
5 bd·3 ba·4,852 sqft
Listed by Stone Prum
No photo
$3,600,000
15 Dwight Street, Boston MA 02118
Boston, 02118
6 bd·5.1 ba·4,162 sqft
Listed by Brett J. Star
No photo
$3,599,999
97 Condor, Boston MA 02128
Boston, 02128
12 bd·7.5 ba·5,390 sqft
Listed by Dot Collection
No photo
$3,599,000
61-65 Broad Street, Marlborough MA 01752
Marlborough, 01752
27 bd·16 ba·10,792 sqft
Listed by The Steve Bremis Team
No photo
$3,540,000
126-130 Summer Street, Somerville MA 02143
Somerville, 02143
13 bd·7 ba·8,243 sqft
Listed by Melanie Lentini
No photo
$3,499,000
31 Conant Street, Provincetown MA 02657
Provincetown, 02657
0 bd·N/A ba·2,536 sqft
Listed by Tracey Rose
No photo
$3,490,000
23-25 Inman St, Cambridge MA 02139
Cambridge, 02139
9 bd·8 ba·5,314 sqft
Listed by Keystone Homes Group

Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated April 24, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.