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226 Merrimac St, Newburyport MA 01950

Newburyport, MA 01950
$475,000
2
Beds
2.5
Baths
2,880
Sq Ft
$165
Price/Sq Ft
0.11
Acres
1850
Year Built
4
Parking
114
Days on Market
Closed Listed Aug 25, 2015 • MLS# 71894427 Copied! • Updated Dec 18, 2015

Sale Statistics

Sale Overview
Original List Price: $524,900
Final Sale Price: $475,000
Difference: $49,900 (-9.5%)
Performance Metrics
90.5%
List to Sale Ratio
Sold below asking price
114
Days on Market
Extended listing
Price per Square Foot Analysis
Original $/sq ft: $182
Sale $/sq ft: $165
This property sold for $165 per square foot
Sale Summary

This property sold for 9.5% below the original asking price.

At 114 days on market, this property took longer than average to sell.

About this home

Great opportunity for the investor or perfect for an owner occupant too...Commercial space on first level, open concept with space for storage and parking . First floor has been used as a deli/market/carry out business . 2nd floor is a 2 BR apt with vaulted ceiling and open concept living area and a deck with river views ! Parking in rear for apt. Busy location, highly visible and close to downtown , abuts Cashman Park, marinas, public boat ramp and professional offices nearby . River views from the rear ! All separate utilities. Call for details , great property for an owner/ business occupant . Buyer to confirm potential usages and zoning for their own purposes.

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Recently Sold Nearby

Property History

Market Insights

99.5%
Price Range
115
Total Days on Market
1
Previous Sales

Property Timeline

Current Active Listing - MLS #73500214
Full transaction history available when tracking began
🏡
Currently Listed
Apr 12, 2026
$3,750
MLS #73500214 - Active
Previous Transaction - MLS #73124998
Full transaction history available when tracking began
🏷️
Previously Sold
Aug 31, 2023
$710,000
MLS #73124998
Sold
Dec 18, 2015
$475,000
Property sold
Days on Market: 115
🏠
Listed for Sale
Aug 25, 2015
$514,900
Original listing
Agent: Valerie R. McGillivray Office: Bean Group

Tax History

Year Taxes Assessment
2015 $5,128 $384,400

Financial Details

Annual Property Tax
$5,128
Tax Year 2015
Assessed Value
$384,400

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1850
Living Area 2,880 sq ft
Lot Size 0.11 acres
Bedrooms 2
Full Baths 2
Half Baths 1
Total Rooms 8

Investment Metrics

Units 2
Unit 1 Rent $1,400/mo · N
Unit 2 Rent $2,200/mo · Y
Total Monthly Rent $3,600/mo
Gross Income $43,200
Net Operating Income $43,200
Cap Rate 8.39%
Heating Natural Gas
Cooling None
Flooring Wood, Vinyl, Carpet
Appliances Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry None
Features Cathedral/vaulted Ceilings, Storage, Open Floorplan, Slider, Living Room, Dining Room, Kitchen, Loft
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Other
Pool None
Spa None
Fencing None
Patio/Porch Deck - Wood
Features Off Street, Tandem, Driveway, Other
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,128
Assessed Value $384,400
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Real Estate Only, Business Is Not For Sale. Zoned Ind-11 ( Currently Assessed As Mixed Use Comm/residential.) $3600 Mo, . Rent Is Projected, Currently 1st Floor Is Vacant ( Was $2200 Mo.)
Possession None
Accepted Financing None
Structure Type []
House Color yellow
Sq Ft Source Public Record
Sq Ft Disclosures Includes sq. footage for both units , one residential , one comm.
Documents None
County Essex
Total market time (incl. prior listings) 115 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1850
Bedrooms
2
Full Bathrooms
2
Half Bathrooms
1
Living Area
2,880 sq ft
Total Rooms
8
Stories
2
Levels
2

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Vinyl, Carpet
Appliances: Range, Refrigerator, Washer, Dryer
Interior Features: Cathedral/Vaulted Ceilings, Storage, Open Floorplan, Slider, Living Room, Dining Room, Kitchen, Loft
Windows: Picture Window
Basement: Full, Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1850
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Block, Irregular
Stories: 2

Heating, Cooling & Utilities

Heating: Natural Gas
Heating Zones: 2
Cooling: None
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Other
Patio & Porch: Deck - Wood
Fencing:
Other Structures:
Lot Features: Gentle Sloping, Other
Road Frontage: 50.00 ft
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 4
Parking Features: Off Street, Tandem, Driveway, Other

Special Features

View: Yes
View Type: Scenic View(s)
Community Amenities: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, Other, Sidewalks
School District
Newburyport School District local
A-
School Safety 2024-25
0.0% Very Low (Safest)
5.5% below state avg
E

Elementary Schools

5 schools
Immaculate Conception School
0.6 mi
Grades K-08
A-
River Valley Charter School
0.7 mi | #82 of 352 | Score: 51.5
Improved 66 spots from last year
-6.7 below state avg
288 students Less Diverse
Rising School
Grades K-08
Newburyport Montessori School
0.6 mi
Grades PK-K
B+
Edward G. Molin Elementary School
0.6 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
A-
Francis T Bresnahan Elementary School
0.8 mi | #236 of 824 | Score: 53.0
Improved 129 spots from last year
-5.2 below state avg
584 students Less Diverse
Rising School
Grades PK-03
M

Middle Schools

1 school
A
Rupert A Nock Middle School
0.6 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
H

High Schools

1 school
A
Newburyport High School
0.4 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
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Location

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Neighborhood

226 Merrimac St, Newburyport MA 01950

Newburyport, MA 01950

Listing Information

Listing Agent Valerie R. McGillivray
Agent MLS ID C9500294
Office MLS ID AC0959
Listing Data Updated Dec 18, 2015 6:48 PM EST
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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