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154 High St Newburyport — Photo 1 of 42

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 2-unit multi-family in 01950 carries an estimated $5,240/mo in gross rent — about a 2.61% cap rate and $37,806/yr in estimated NOI at the $1,450,000 list price. Adjust every assumption in the calculator below.

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Beds

4

Baths

2

SqFt

2,832

Style

Multi 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.

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.

Immersive Experience

Property Details

Financials

Original Price$1,450,000
Annual Taxes$9,983

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms10
Fireplaces3
FlooringWood, Hardwood
BasementPartially Finished, Bulkhead

Climate & Utilities

HeatingSteam, Oil
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
RoofSlate
FoundationGranite
ZoningR3

Property & Lot

Acres0.09
SqFt Lot3,746
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Highway Access

Geography

Listing Provided By

Listing Agent: Linda Christman

Listing Office: Gibson Sotheby's International Realty

MLS® Number: 73582734