25-27 Prospect Street West Newbury MA 01985 MLS #73269179

25-27 Prospect Street
West Newbury, MA, 01985
$1,199,000
8 Beds
5 Baths
4,237 SqFt
0.75 Acres
$1,199,000
25-27 Prospect Street
West Newbury, MA, 01985
Possible multi-generational living with income generating units to help cover home or business expenses. Unique opportunity to own a rare antique 5 Unit Multi-Family property on a .75 Acre corner lot in desirable rural West Newbury! 4 buildings include a side-by-side Duplex home, a former chicken coop turned into a side by side 3 Family home in the 1950’s & nicely updated since, a 2 story 28′ x 28′ gambrel Garage with its own heat, electric, Office & a 16′ x 12′ storage shed. 100′ of street frontage on Prospect Street & 260′ on Steed Ave. 3 Newly paved driveways. 8-bedroom septic system. Conservation areas & trails abound in West Newbury & it’s the home of the highly sought after Page & Pentucket Middle/High Schools which have been totally renovated. Merrimack River public boat ramp only a 1/2 mile away! 3 PRIVATE SHOWING WINDOWS BY SCHEDULED APPOINTMENT ONLY respecting 5 excellent tenants: FRI 7/26 4-6pm, SAT 7/27 12-2 PM & SUN 7/28 12-2PM. Any & all offers due WED 7/31 at 4PM.

Property Details

Price:
$1,199,000
MLS #:
73269179
Status:
Pending
Beds:
8
Baths:
5
Address:
25-27 Prospect Street
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Side by Side
City:
West Newbury
Listed Date:
Jul 24, 2024
State:
MA
Finished Sq Ft:
4,237
Total Sq Ft:
4,237
ZIP:
01985
Lot Size:
32,670 sqft / 0.75 acres (approx)
Year Built:
1850
Units:
5

Schools

Elementary School:
Page School
Middle School:
Pentucket Ms
High School:
Pentucket Hs

Interior

Appliances
Range, Refrigerator, Dishwasher
Bathrooms
5 Full Bathrooms
Cooling
None, Wall Unit(s)
Flooring
Wood, Tile, Carpet, Vinyl / V C T, Stone/ Ceramic Tile
Heating
Forced Air, Electric, Propane, Oil

Exterior

Community Features
Park, Walk/ Jog Trails, Stable(s), Conservation Area, Public School, Other
Construction Materials
Frame
Exterior Features
Rain Gutters, Fruit Trees, Stone Wall
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Driveway, Stone/ Gravel, Paved
Parking Spots
12
Roof
Shingle, Rubber

Financial

Net Operating Income
$53,189
Tax Year
2024
Taxes
$8,848
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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