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SOLD 12/18/2015

226 Merrimac St, Newburyport, MA 01950$475,000

2
beds
2.5
baths
2880
ft2
· 4650
ft2 lot
$165 / ft2

Listing provided courtesy of Listing Broker: Valerie McGillivray, Bean Group
Source MLS PIN;
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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.

HOA

$—/month

On market

4 months

Year built

1850

Property type

2 Family 2 Units Up/Down

Parking

4

MLS

71894427

Price / Sq.Ft.

$165 / ft2

Status

Sold

Home details for 226 Merrimac St

Interior Features & Layout
Rooms Info
•   
Additional Rooms: Living Room, Dining Room, Kitchen, Loft, Other (See Remarks)
•   
Total Levels: 2, 3, 2
•   
Total Levels Unit 1: 2, 1
•   
Total Levels Unit 2: 1, 1
•   
Total Rooms Unit 1: 5
•   
Total Rooms Unit 2: 3
•   
Total Rooms: 8, 8, 8
Interior Features
•   
Electric Details: Circuit Breakers
•   
Utility Description: Water
•   
Interior Features: Cable TV Available, Cathedral/Vaulted Ceilings, Storage, Balcony/Deck, Picture Window, Open Floor Plan, Slider
Heating & Cooling
•   
Heating Units: 2
•   
Heating Description Unit 1: Gas
•   
Heating Zones: 2
•   
Heating Description Unit2: Gas
Appliances
•   
Hot Water: Natural Gas
•   
Unit 1 Appliances: Range, Refrigerator, Washer, Dryer
Bedrooms Info
•   
Total Beds: 2
•   
Unit 1 Beds: 2
Bathrooms Info
•   
Full Baths: 2, 2
•   
Half Baths: 1, 1
•   
Unit 2 Full Baths: 1
•   
Unit 1 Full Baths: 1
•   
Unit 2 Half Baths: 1
Flooring
•   
Flooring: Wood, Vinyl, Wall to Wall Carpet
Property, Lot, Community & Exterior Features
Community Info
•   
Total Units In Complex: 2
Exterior Features
•   
Color: yellow
•   
Building Exterior Details: Clapboard, Wood, Deck - Wood, Other (See Remarks)
Property Type
•   
Property Type: 2 Family - 2 Units Up/Down
•   
Mls Prop Type: 2 Family - 2 Units Up/Down
•   
Mls Property Type: Multi-family
Community Features
•   
Area 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 (See Remarks)
Lot Info
•   
Zoning: comm/ind
•   
Year Round
•   
Lot Description: Gentle Slope, Scenic View(s), Other (See Remarks)
•   
Frontage: 50.00
•   
Acres: 0.11
Property Features
•   
Water View
•   
Water View Details: Marina, Public, River, Walk to
Building Info
•   
Sqft Source: Public Record
•   
Square Ft. Disclosure: Includes sq. footage for both units , one residential , one comm.
•   
Foundation: Concrete Block, Irregular
•   
Roof: Asphalt/Fiberglass Shingles
•   
Year Built Description: Approximate, Renovated Since
•   
Lead Paint: Unknown
•   
Year Built Source: Public Record
•   
Construction Materials: Frame
Basement Info
•   
Basement
•   
Basement Details: Full, Interior Access, Unfinished Basement
Parking Info
•   
Parking Descriptions: Off-Street, Tandem, Improved Driveway, Other (See Remarks)
Utilities & Other Information
Water & Sewer Info
•   
Water Source: City/Town Water
•   
Sewer: City/Town Sewer
Other
•   
Uffi: Unknown
Listing Details, Costs & Financing Information
Listing Info
•   
Offline Listing Number: 2160653
•   
Status: Sold
Financial Info
•   
Fin Code: Cash
Lease Info
•   
Gross Income: 43200
•   
Net Operating Income: 43200
•   
Monthly Rent Unit 1: 1400
•   
Monthly Rent Unit 2: 2200
•   
Lease 2
•   
Total Rent: 3600
Listing Details
•   
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.)
•   
Dislcosures
Tax/Assessment Info
•   
Tax Year: 2015
•   
Assessed Value: 384400.00
•   
Taxes: 5128.00
•   
Apn: M:0055 B:0005 L:0000
Listing Contacts
•   
Selling Agent: C8000212
School Neighborhood & Directions
Location
•   
Street Number: 226
•   
Map Book: 26772
•   
Block: 5
•   
Map Page: 281
•   
Directions: Merrimac St.
•   
Road Type: Paved, Publicly Maint., Sidewalk
•   
Map: 55
•   
Zip Code +4: 2212
Other
Other
•   
Main So: AC0959
Calculation
•   
Price Per Sqft: 164.93
•   
List Price Per Sqft: 178.78
•   
Sold Price Per Sqft: 164.93
•   
Cdom Property: 115
•   
Cdom Broker: 115
•   
Cdom: 115

Neighborhood snapshot

42
Properties for sale
18
Median days on market
$428.95
Median sold price/sqft
103.62%
Sold/List %
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Property History for 226 Merrimac St

12/18/2015
12/18/2015
Public Record
sold
Public Record
$475,000
+9.20%
04/25/2007
04/25/2007
Public Record
sold
Public Record
$435,000
+74.00%
10/04/2000
10/04/2000
Public Record
sold
Public Record
$250,000
07/28/2000
07/28/2000
Public Record
sold
Public Record
$250,000
+66.67%
05/01/1997
05/01/1997
Public Record
sold
Public Record
$150,000
+20.00%
See more property history

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