11 Charter St, Newburyport MA 01950
Newburyport, MA 01950
$3,400,000
Est. $18,563/month
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About this home
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.’
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 10, 2026
$3,400,000
Original listing
Agent: Christian Smith
Office: Keller Williams Realty Evolution
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/10/2026 | 🏠 Listed for Sale | $3,400,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $14,047 | $1,466,300 |
Financial Details
Annual Property Tax
$14,047
Tax Year 2025
Assessed Value
$1,466,300
Facts & Features
Home Facts
Type
Residential Income
Style
5+ Family - 5+ Units Up/Down
Year Built
1869
Living Area
5,527 sq ft
Lot Size
0.10 acres
Bedrooms
16
Full Baths
16
Total Rooms
16
Investment Metrics
Units
16
Unit 1 Rent
$2,263/mo · N
Unit 2 Rent
$2,263/mo · N
Unit 3 Rent
$2,263/mo · N
Unit 4 Rent
$2,263/mo · N
Total Monthly Rent
$9,052/mo
Gross Income
$407,340
Net Operating Income
$135,780
Cap Rate
3.99%
Interior
Heating
Common, Wall Unit, Electric, Individual, Unit Control, Ductless
Cooling
Common, None, Individual, Unit Control, Ductless
Flooring
Tile, Hardwood, Wood, Stone/ceramic Tile
Appliances
Range, Oven, Microwave, Refrigerator, Freezer
Fireplace
None
Basement
Full
Laundry
Gas Dryer Hookup
Features
Floored Attic, Storage, Studio, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/den, Bathroom With Shower Stall, Smart Thermostat, Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
Rain Gutters, Sprinkler System
Pool
None
Spa
None
Fencing
Fenced/enclosed, Fenced
Patio/Porch
Deck - Vinyl
Parking
Features
Paved Drive, Off Street
Total Spaces
6
Utilities
Electric
220 Volts, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Electric Range, For Electric Oven, For Gas Dryer
Financial
Annual Tax
$14,047
Assessed Value
$1,466,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Seller Disclosures
List Agent Relationship With Seller.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Gray
Sq Ft Source
Public Record
Sq Ft Disclosures
Measurements are approximate, buyer to verify and due own due diligence.
Documents
None
County
Essex
Property Overview
Property Type
5+ Family - 5+ Units Up/Down
Listing Type
For Sale
Year Built
1869
Bedrooms
16
Full Bathrooms
16
Living Area
5,527 sq ft
Total Rooms
16
Stories
5
Levels
5
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,527 sq ft above grade
1,300 sq ft below grade
Display Options
Outdoor Areas
Patio & porchDeck - Vinyl
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Tile, Hardwood, Wood, Stone/Ceramic Tile
Appliances:
Range, Oven, Microwave, Refrigerator, Freezer
Interior Features:
Floored Attic, Storage, Studio, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Remodeled, Laundry Room, Office/Den, Bathroom with Shower Stall, Smart Thermostat, Living Room, Kitchen
Windows:
Screens
Basement:
Full
Laundry:
Gas Dryer Hookup
Security:
Security System
Construction & Materials
Year Built:
1869
Structure Type:
Exterior Materials:
Frame
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
5
Heating, Cooling & Utilities
Heating:
Common, Wall Unit, Electric, Individual, Unit Control, Ductless
Heating Zones:
18
Cooling:
Common, None, Individual, Unit Control, Ductless
Cooling Zones:
16
Hot Water:
Natural Gas, Electric
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters, Sprinkler System
Patio & Porch:
Deck - Vinyl
Fencing:
Fenced/Enclosed, Fenced
Other Structures:
Lot Features:
Cleared, Level
Road Surface:
Parking & Garage
Total Parking Spaces:
6
Parking Features:
Paved Drive, Off Street
Nearby Schools
School District
Newburyport School District local
A-
School Safety
2024-25
0.0%
Very Low (Safest)
5.5% below state avg
Elementary Schools
3 schools
Newburyport Montessori School
0.1 mi
Grades PK-K
Immaculate Conception School
0.2 mi
Grades K-08
B+
Edward G. Molin Elementary School
0.9 mi
|
#255 of 824
|
Score: 52.3
Improved 21 spots from last year
-5.9 below state avg
310 students
Less Diverse
Rising School
Grades 04-05
Middle Schools
2 schools
A
Rupert A Nock Middle School
0.9 mi
|
#59 of 352
|
Score: 55.1
Improved 46 spots from last year
-3.1 below state avg
470 students
Less Diverse
Rising School
Grades 06-08
B
Amesbury Middle School
4.1 mi
|
#173 of 352
|
Score: 42.7
Improved 50 spots from last year
-15.5 below state avg
364 students
Moderate
Rising School
Grades 06-08
High Schools
3 schools
A
Newburyport High School
0.9 mi
|
#48 of 346
|
Score: 67.5
Improved 17 spots from last year
+9.3 above state avg
743 students
Less Diverse
18 sports
• 1,722 athletes
Strong AP Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
The Governor's Academy
4.3 mi
Grades 09-12
Coastal Connections Academy
4.5 mi
Grades 12
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Monthly Payment Breakdown
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Property Tax
$1,171
Homeowners Insurance
$200
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Loan Summary
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
11 Charter St, Newburyport MA 01950
Newburyport, MA 01950
Listing Information
Listing Agent
Christian Smith
Listing Office
Keller Williams Realty Evolution
Office Phone
978-992-4050
Agent MLS ID
CN229241
Office MLS ID
AN6888
Listing Data Updated
Aug 10, 2026 5:37 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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