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25-27 Prospect Street

West Newbury, MA 01985
  • $1,100,000
  • STATUS: Sold
  • MLS #: 73269179
Sold - 11/15/2024
$1,100,000
SOLD - 11/15/2024
  • 8
    BEDS
  • 0.75
    ACRES
  • 5
    BATHS
  • 0
    1/2 BATHS
  • 4,237
    SQFT
  • $0
    $/SQFT
Type:
Multi-Family
Built:
1850
County:

School Information

Elementary School:
Middle School:
High School:
Listing courtesy of Diane Beekler of RE/MAX Bentley's.

Description

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.

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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. Data last updated 2025-05-21T14:04:48.353.
www.northcorners.com/homes/152939781
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25-27 Prospect Street West Newbury, MA 01985

  • Price: $1,199,000
  • Status: Sold
  • On Site: Days
  • Updated: 37 min ago
  • MLS #: 73269179
8
Beds
5
Baths
0
½ Baths
0.75
Acres
4,237
SQFT
$0
$/SQFT
1850
Built
County:
Essex
Elementary School:
Page School
Middle School:
Pentucket Ms
High School:
Pentucket HS
Property Description
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.
Exterior Features

Color white Construction Materials Frame Covered Spaces 2 Exterior Features Rain GuttersFruit TreesStone Wall Frontage Length 360.00 Garage YN Yes Lot Features Corner LotGentle SlopingLevel Open Parking YN Yes Other Structures Shed(s) Parking Features Paved DriveOff StreetDrivewayStone/GravelPaved Parking Total 12 Patio And Porch Features EnclosedPatio Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Roof ShingleRubber Spa YN No Waterfront YN No

Interior Features

Appliances RangeRefrigeratorDishwasher Basement FullInterior EntryBulkheadSump PumpConcreteUnfinished Building Area Total 4237 Cooling NoneWall Unit(s) Cooling Units 2 Cooling YN No Cooling Zones 2 Fireplace YN No Fireplaces Total 0 Flooring WoodTileCarpetVinyl / VCTStone/Ceramic Tile Foundation Area 1230 Foundation Details StoneSlab Heat Units 5 Heat Zones 7 Heating Forced AirElectricPropaneOil Heating YN Yes Interior Features StorageBathroom with Shower StallLiving RoomKitchenMudroomDining RoomOffice/Den Lead Paint Yes Rooms Total 22 Window Features Insulated WindowsScreens

Property Features

Community Features ParkWalk/Jog TrailsStable(s)Conservation AreaPublic SchoolOther Contingency Pending P&S Current Financing Conventional Disclosures Incudes 3 family at 1 Steed Ave. Estate saleproperty sold "as is". 5 units currently rented below market value as TAW. Property lovingly maintained & updated by 1 family since 1947. Needs some TLC/deferred maintenance. See Property Info Booklet & Septic Plans attached to listing. Electric 200+ Amp Service Gross Income 64200 Home Warranty YN No Insurance Expense 4467 Listing Terms Contract Net Operating Income 53189 Operating Expense 11011 Property Sub Type 5+ Family - 5+ Units Side by Side Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Senior Community YN No Sewer Private Sewer Tax Annual Amount 8848 Tax Year 2024 Total Actual Rent 5350 Utilities for Gas Range Water Sewer Expense 1096 Water Source Public Year Built Details Actual Year Round Yes Zoning RC

Listing information © 2025 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Diane Beekler of RE/MAX Bentley's: 978-572-1200.


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. Data last updated 2025-05-21T14:04:48.353.
 
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80 Foster Street Unit 101
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Listing courtesy of Diane Beekler of RE/MAX Bentley's.