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5 Russell Street #4 Amesbury — Photo 1 of 16

5 Russell Street #4 Amesbury — Photo 1 of 16

$479,900

Investment Analysis — 5 Russell Street #4

Amesbury, MA 01913

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-bedroom in 01913 carries an estimated $2,560/mo in gross rent — about a 2.89% cap rate and $13,866/yr in estimated NOI at the $479,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

2

SqFt

1,243

Style

Condominium

Built

1940

Welcome to 5 Russell St #4, where 1,243 square feet of comfortable living space comes with a location that makes everyday life easy. This sun-filled 2-bedroom, 2-bath condo features 9-foot ceilings in the main living area, with plenty of space to settle in, work from home, and host friends—with pets welcome. The outdoor space is a real highlight, with exclusive use of the approximately 147-square-foot deck directly outside the unit, plus a shared flat yard with a mature apple tree, firepit, and fenced pea-gravel area. A detached garage, dedicated parking, and low condo fee add to the convenience. Walk to the elementary school, downtown Amesbury, the Rail Trail, and Cider Hill Farm. Salisbury Beach, Plum Island, and Newburyport are all close by, with major routes nearby for an easy commute. It’s easy to picture life here: coffee on the deck, a stroll downtown, dinner outside, and plenty of space to actually enjoy where you live.

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 MLS and other third-party data may be inaccurate or out of date.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.

Open Houses

Property Details

Financials

Original Price$479,900
Annual Taxes$6,247
HOA Fee$269.5

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms5
FireplacesNone
FlooringWood, Tile, Laminate
BasementY

Climate & Utilities

HeatingBaseboard
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningR8

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Neighborhood

Park • Walk/Jog Trails • Bike Path • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Primary BedroomBedroom 2Bathroom 2
Second
Living RoomDining RoomKitchenFamily RoomBathroom 1
Living Room
Lvl Second
Dining Room
Lvl Second
Kitchen
Lvl Second
Family Room
Lvl Second
Primary Bedroom
Lvl Third
Bedroom 2
Lvl Third
Bathroom 1
Lvl Second
Bathroom 2
Lvl Third
Listing Provided By

Listing Agent: Alexandra Dragonas

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73581387