Active
3 Days on market
360 Merrimac Newburyport — Photo 1 of 42

360 Merrimac Newburyport — Photo 1 of 42

$985,000

360 Merrimac, Newburyport, MA 01950

Newburyport, MA 01950 — Western waterfront Corrudior

Investor Analysis

Beds

3

Baths

1.5

SqFt

1,688

Style

Single Family

Built

1869

LOCATION, LOCATION, LOCATION! Here is your opportunity to own a piece of Newburyport and create the home you’ve always envisioned in the heart of the city’s historic district. Located just minutes from Cashman Park, the Shipyards, and downtown Newburyport, this property puts you close to the restaurants, shops, waterfront, and charm that make this coastal community so special.This spacious historic home offers three floors of living space, hardwood floors and exceptional potential for expansion. The first floor features a large living room, kitchen, dining room, half bath, and a rear sunroom overlooking the private backyard. The second floor offers three bedrooms and a full bath with laundry hook up. The third floor includes two additional rooms and water views, providing exciting possibilities for additional living space, a home office, studio, or guest accommodations.Bring your vision and creativity to restore this home and make it your own. With its historic character, generous space, private backyard, water views, and exceptional location, this is a rare opportunity to create something truly special in Newburyport.Property is being sold AS IS and requires renovation. Buyer and buyer’s agent to perform their own due diligence.Showings begin at the Open Houses:Saturday Sept 12th 11:00 AM–12:30PM and Sunday 1:00pm- 3:00pm

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$584/sqft
Local Avg (Newburyport)$655/sqft
11% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Newburyport, MA.

Property Details

Financials

Original Price$985,000
Annual Taxes$9,517

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms7
Fireplaces1
FlooringVinyl, Laminate, Hardwood
BasementDirt Floor, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter, Stone
ZoningRes

Property & Lot

Acres--
SqFt Lot0.15
Lot FeaturesEasements, Level

Amenities & Appliances

Gas Water Heater • None

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Bathroom 2
First
Living RoomDining RoomBathroom 1
Unknown
KitchenMaster BedroomBedroom 2Bedroom 3
Living Room
Lvl First

14 x 13

Flooring - Hardwood, Gas Stove

Dining Room
Lvl First

13 x 12

Flooring - Hardwood

Kitchen
Lvl null

12 x 11

Flooring - Vinyl

Master Bedroom
Lvl null

14 x 13

Bedroom 2
Lvl null

13 x 12

Bedroom 3
Lvl null

13 x 12

Bathroom 1
Lvl First
Bathroom 2
Lvl Second

Bathroom - With Tub

Population

18,652

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$140K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

22.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Essex County

992 housing units permitted in the last 12 months (-15% vs the prior 12 months) — 515 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

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: 844 sq ft (the lesser of 900 sq ft or half the 1,688 sq ft principal dwelling).

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.

Listing Provided By

Listing Agent: Gita Ghaemi

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73573695

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