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470 Main Street
West Newbury, MA. 01985

Essex County
Directions: From Rte 95 Nbpt Rte 113 Storey Ave West To 470 Main St. Across The
Street From Stewart Street.

MLS # 72397612 - Under Agreement
Multi-Family 2 Family   White

List Price $439,000 Days on Market  
List Date   # Units 2
Sale Price   # Floors  
Sold Date   Rooms 9
Assessed Value $304,000 Bedrooms 4
Gross Living Area 2,037SF Full Baths 2
Lot Size 10,890SF Half Baths 1
Taxes $4,426.24 Fireplaces  
Tax Year 2018 Basement Yes
Zoning RC Waterfront No
Est. Street Front 86 ft. Beach Nearby No
Year Built 1921 Parking Spaces 6
    Garage Spaces 0
Remarks:
Rare West Newbury 2 family conveniently located on a lovely landscaped lot, with 19 year septic & newer roof. Perfect for owner occupied w/ excellent rental income towards mortgage. Each unit lives like a single family home; Front unit with 1st floor master bedroom or family room, 1/2 bath w/ laundry hookups, desk/shelves next to stairway makes for a cozy hallway office, 2 sweet gabled bedrooms upstairs & full bath, enclosed front porch & access to unfinished basement. Rear unit, circa 1980, features private stone patio access through slider & serene views of back yard, 1 st floor & 2nd floor bedrooms, full bath w/laundry, unique attic space storage & shed storage. Both kitchens are modern, fully applianced w/ gas stoves. Separate heat, utilities. Solid rental history; current rents below market with great tenants. So close to town for shopping, great pizza, parks, Merrimack river, commuter routes, Newburyport/Plum Island Beaches!
Features
Amenities   Park,
   Walk/Jog Trails,
   Stables, Bike Path,
   Conservation Area, House
   of Worship
Basement   Partial,
   Interior Access,
   Concrete Floor,
   Unfinished Basement
Construction   Frame,
   Stone/Concrete
Electricity   Circuit
   Breakers
Energy   Storm Doors
Exterior   Clapboard,
   Wood
Exterior Feat.   Porch -
   Enclosed, Patio,
   Gutters, Storage Shed,
   Screens
Flooring   Wood, Tile,
   Wall to Wall Carpet,
   Laminate
Foundation   Fieldstone
Foundation Size   34 x 24
Heating Zones   2
Hot Water   Electric
Lead Paint   Unknown
Lot   Paved Drive, Gentle
   Slope, Level, Scenic
   View(s)
Parking   Off-Street,
   Deeded, Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   Private
   Sewerage, City/Town Water
Utility Connections   for
   Gas Range, for Electric
   Dryer
Units
Unit 1 Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Vent Hood; Bedrooms: 3;
     Cooling: Central Air; Floor: 1; Full Baths: 1; Half Baths: 1; Heating: Forced Air, Oil; Interior:
     Cable TV Available, Storage, Tile Floor, Wood Flooring, Bathroom With Tub & Shower, Slider;
     Lease: Yes; Levels: 2; Rent: 1250; Rent Includes: Water; Rooms: 5; Rooms Desc.: Living Room,
     Kitchen, Laundry, Office/Den
Unit 2 Appliances: Range, Microwave, Refrigerator, Washer, Dryer; Bedrooms: 2; Cooling: Wall AC; Floor:
     1; Full Baths: 1; Heating: Gas, Propane; Interior: Floored Attic, Cable TV Available, Storage,
     Tile Floor, Bathroom With Tub & Shower, Slider, Wall to Wall Carpet; Lease: Yes; Levels: 2; Rent:
     1700; Rent Includes: Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen, Laundry
Financial Info
Gross Oper. Income   $35,400 Net Oper. Income   $35,400
Additional Information
APOD Available?   No
Anticipated Sale Date  
   11/19/2018
Deed   Book: 15861, Page:
   444
Disclosures   Needs
   TLC/updating. Sold "as
   is". Units rented
   w/leases 12/31/18(rear) &
   7/31/19(front). Assessed
   4 bed, tenants use as 5
   bed. Septic 4 bed. Back
   Rinnai heat/Mitsubishi
   AC. Storage: back uses
   shed/attic space, front
   uses basement/porch. FAST
   annual septic service
   $420. Drone & 3D Model
   coming soon.
Exclusions   Washer &
   dryer in front unit is
   the tenants so hookups
   only in front unit.
Foreclosure   No
GLA Source   Public Record
Identifier   Map: 13, Lot:
    90
Living Area Disclosures  
   2, 636 Total Area, 220SF
   Unfinished basement in
   front unit
Off Market Date   10/30/18
Schools   Grade School:
   Page, Middle School:
   Pentucket, High School:
   Pentucket
Seller Disclosure Doc  
   Yes
Short Sale   No
Terms   Contract for Deed
Year Built Desc.   Actual
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 10/31/18 3:30am

Courtesy: MLSPIN

Listing Office: RE/MAX On The River, Inc. Listing Agent: Diane Beekler


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