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2 Hill St Amesbury — Photo 1 of 39

$475,000

Investment Analysis — 2 Hill St

Amesbury, MA 01913

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01913 carries an estimated $3,080/mo in gross rent — about a 4.45% cap rate and $21,150/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,356

Style

Single Family

Built

1905

Charming home, thoughtfully updated and in a great neighborhood for peacefully enjoying all that Amesbury has to offer! This inviting 3-bedroom home blends the character and warmth buyers love with the modern updates and conveniences they want (first floor laundry). Beautifully maintained and move-in ready, the home offers a comfortable layout with inviting living spaces, plenty of natural light, and charm throughout. Recent updates; the updated kitchen, wainscoting in living area and new carpeting upstairs are just some of the updates that provide peace of mind while preserving the character that makes this home special. Located just moments from downtown Amesbury, you'll have easy access to local shops, cafés, restaurants, breweries, the historic Millyard, Riverwalk, and community amenities. You can hop in your car for easy commuter access to Rte 95 and Rte 495, as well. Spend your morning grabbing coffee, meet friends for dinner, or take an evening stroll—all part of the lifestyle that makes Amesbury such a desirable place to have your home. If you've been searching for a home with personality, updates, and a location that lets you enjoy more and drive less, 2 Hill Street is the one you've been waiting for!

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: 678 sq ft (the lesser of 900 sq ft or half the 1,356 sq ft principal dwelling). Lot size: 5,580 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.