Movoto Real Estate
Sold on 04/02/2024

316 Main St, Rowley, MA 01969

$1,004,000

Last sold 04/02/2024 for $840K

  • 6

    bed

  • 3

    bath

  • 3,435

    Sqft ($245/Sqft)

Multi-family not for sale

About 316 Main St

Property type Multi-family
Year built 1724
HOA fee $0/month
Lot size 4 Acre
Movoto estimate
Property description
Unusual and excellent chance to own this roomy three-unit building in a town where multi-family homes are extremely rare! Easy drives to the active downtowns of both Newburyport and Ipswich. Short trips to ocean beaches at Plum Island/Salisbury/Hampton Beach. Boston train a mile away. Brand new six-bedroom septic system, brand new gas-fired heating system, newer roof, newer chimney caps. Exterior freshly painted, handsome landscaping + plenty of parking for tenants and guests. Eat-in kitchens. Each apartment has a washer and dryer (4 years old). Lovely pine and fir floors, large yard /garden space. Two of the units are tenanted; as much notice as possible is appreciated. Heat is included in the rent; each unit has its own thermostat. The vacant unit rent is estimated; so same on annual income. Many, many excellent upgrades in the past six months. Pre-approved/pre-qualified buyers only! NO SHOWINGS 3/27 THROUGH 3/31.
Listed by
Listing Agent - Patricia L. Skibbee
Listing Office - River Valley Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#73215233 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Cooling/AC None
Heating Central, Natural Gas
Levels/Style 4
MLS # 73215233
Type Residential Income
Status Closed
SubType 3 Family - 3 Units Up/Down
SqFt 3435
Lot Size (SqFt) 174240
Lot Size (Acres) 4
Annual Property Tax 8368.36
Year Built 1724
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 6
Basement Full, Bulkhead, Unfinished
Total # of Rooms 14
Laundry Electric Dryer Hookup, Washer Hookup
Flooring Wood, Varies, Laminate
Appliances Range, Refrigerator, Washer, Dryer
Interior Features Pantry, Living Room, Kitchen, Office/Den
Door Features Storm Door(s)
Window Features Storm Window(s), Screens
Exterior
Foundation Stone
Roof Shingle
Construction Frame
Parking Desc Off Street, Common, Stone/Gravel
# Parking Spaces 8
Exterior Features Rain Gutters, Garden
Lot Desc Level
Other Structures Shed(s)
Amenities / Utilities
Sewer Private Sewer
Utilities For Electric Range, for Electric Dryer, Washer Hookup
Electricity Circuit Breakers, 100 Amp Service
Water Source Public
Location
County Essex
Community Features Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, Highway Access, House Of Worship, Public School, T-Station
Elementary School Pine Grove
Middle School Triton
High School Triton
Zoning Outlying
APN 2124706
Directions Main Street Is Route 1A
Multifamily Details
Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water)
Net Operating Income 58140
Operating Expense 14750
Total Actual Rent 6900
Financial Data Source Owner
Expense: Water/ Sewer 2000
Gross Income 73800
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
$1M
Range: $903K-$1.1M
Last 30 days 
  • May 2024
    mls logo MLS # 73215233
  • May 1, 2024 Sold
    $840,000 (-2.9%)
  • Mar 21, 2024 Listed
    $865,000 (+2.0%)
  • Sep 2023
    mls logo MLS # 73159349
  • Sep 13, 2023 Listed
    $848,000 (+66.3%)
  • Oct 2019
    mls logo MLS # 72562248
  • Oct 11, 2019 Sold
    $510,000 (+4.1%)
  • Sep 10, 2019 Listed
    $489,900
  • Year Property taxes Tax assessment
  • 2025
    $8,467 +1.2%
    $719,400 +4.02%
  • 2024
    $8,368 +9.3%
    $691,600 +17.64%
  • 2023
    $7,654 +3.3%
    $587,900 +16.03%
  • 2022
    $7,408 -2.6%
    $506,700 +3.77%
  • 2021
    $7,608 +3.4%
    $488,300 +3.41%
  • 2020
    $7,357 +9.1%
    $472,200 +2.81%
  • 2019
    $6,743 +4.2%
    $459,300 +3.52%
  • 2018
    $6,469 +3.1%
    $443,700
  • 2017
    $6,274 +3.8%
    $443,700
  • 2016
    $6,043
    —
  • 316 Main St
    $840K
  • —
  • 01969
    $867K +2% y/y
  • Rowley
    $789K -41% y/y
No chart available
Statistics calculated by Movoto

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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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