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Backup Offers

23 State St, Newburyport, MA, 01950

$1,250,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,491 SqFt
$502/SqFt
Multi

Location

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23 State St, Newburyport$1,250,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1800
MLS #73315747
Lot Size0.07 Acres
StatusAccepting Backup Offers
(Contingent)

About 23 State St

A rare opportunity to own 5 units, on State Street in downtown Newburyport. 3 office units located on the 2nd level w/ a common waiting room & half bath. The 3rd level is home to 2 newly renovated, soon-to-be-converted, residential lofts w/ exposed brick walls, vaulted beam ceilings, wide-pine hardwood floors & newer windows. Residential Unit #1 has 622sqft inclusive of the living room, kitchen, bathroom, sleeping loft, a stackable washer/dryer, 2 high-efficiency mini splits, & the ability to add a murphy bed in the living room for a 2nd sleeping area. Residential Unit #2 boasts 664sqft incorporating 1 bedroom, 1 sleeping loft, living room, bathroom, laundry area, kitchen (no oven) & 2-high-efficiency mini splits. No deeded parking. Own a part of history, w/ this multi-purpose, circa 1800s loft-living style property, presenting a great opportunity for investors, business owners or owner-occupants! Office #1 has a $740/Mo lease exp 12/31/24. Office #2 has a $845/Mo lease exp 1/31/25.

Property Details

Property Features

Property Information:

  • Year Built: 1800
  • Living Area: 2,491 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (978) 248-8081
  • Listing Agent: The Bakhtiari Group

Interior Features

Interior Information:

  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Other
  • Lot Size: 0.07 Acres

Other

Directions Information:

  • Directions: Water Street to State Street. Property is on the 2nd and 3rd floors, above Paddle Inn and Carmines.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
  • Price Per SqFt: $502/SqFt
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Housing Market Comparison

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

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Newburyport, MA

City

Med. Sold Price

$847.9K

Med. Price/SqFt

$526

Avg. Days On Market

35

# of Sold Homes

20

23 State St vs Newburyport

21 DAYS ON ROCKET

-14 Days

$1,250,000

+$402K More

$502/SqFt

-$24 Less

KEY TAKEAWAY

This property is $402K more than the Median Sold Price and $24/SqFt less than other homes in Newburyport, MA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MLS Property Information Network
  • MLS Number: #73315747

Listing Office:

  • Office Name: Compass
  • Office Phone: (978) 248-8081
  • Listing Agent: The Bakhtiari Group

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.
Last updated on: 12/17/2024, 11:55:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$6,306

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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NMLS#3030

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-4366643
6
/10

  • Edward G. Molin Elementary School

  • 70 Low St

  • 0.88 miles

  • Public District Grades 4-5

school-card-donut-4366644
8
/10

  • Newbury Elementary

  • 63 Hanover St

  • 1.37 miles

  • Public District Grades PK-6

school-card-donut-4366645
4
/10

  • Salisbury Elementary

  • 100 Lafayette Rd

  • 3.10 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 $63,584. Residents of Newburyport, MA typically earn between $35k-100k each year. 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›Newburyport›01950›23 State St

This home is located at 23 State St in Newburyport, MA and zip code 01950 in the Newburyport North End neighborhood. This 2,491 square foot home, which was built in 1800, sits on a 0.07 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,250,000.

In November 2024, from all listings sold in Newburyport, MA there were more than 6 sold above asking price, over 7 sold below and more than 7 were sold right at the asked price. Between October 2024 and November 2024, Newburyport, MA real estate market has seen decrease in the number of listings by 25%. In November 2024, listings were on the market for 35 days. During the same period, the median list price in this real estate market was $847,983.

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

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