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11 Days on market

154 High St Newburyport — Photo 1 of 42

$1,450,000

Investment Analysis — 154 High St

Newburyport, MA 01950

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 4-bedroom in 01950 carries an estimated $3,390/mo in gross rent — about a 1.44% cap rate and $20,934/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

2,832

Style

Single Family

Built

1850

Rare opportunity to own a charming circa-1850 Victorian home, prominently situated on historic High Street directly across from Newburyport's iconic Mall. Offered for the first time in nearly 50 years, this cherished family home is ready for its next chapter. Currently configured as a two-family residence, the property offers exceptional flexibility. The second unit, complete with a separate entrance, has not been used as a rental in many years, instead serving as guest accommodations for visiting family members. Opportunities include owner occupancy with supplemental income, multi-generational living, or conversion to a gracious single-family residence with guest or au pair accommodations. Rich in period character, the owner's unit features three fireplaces, beautiful hardwood floors, crown moldings, and timeless Victorian architectural details. A well-maintained slate roof reflects decades of attentive ownership. The grounds offer mature perennial gardens, a charming gazebo, and patio area, creating a peaceful setting for relaxation and entertaining. Two-car off-street parking adds convenience. While the property would benefit from updating, it presents a rare opportunity to restore, renovate, and customize a home with enduring character and remarkable potential in one of Newburyport's most desirable locations.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,832 sq ft principal dwelling). Lot size: 3,746 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.