27 , Haverhill, MA 01830
Haverhill, MA 01830
Description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Vine Street portfolio of multi-family properties located in Haverhill, Massachusetts. The offering consists of nineteen (19) residential units spread over three properties on a combined 0.368-acres of land. The Portfolio is comprised of three (3), Studio units, eight (8), 1-Bedroom/1-Bathroom units, seven (7), 2-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/2 Bathroom unit with 14,618 square feet of living area in 23,763 square feet of gross area. The properties feature separately metered utilities. Recent capital improvements include new vinyl siding and newer roofs at 27 & 28 Vine, and updated landscaping throughout. The units have below market rents, allowing a new owner to increase cash flow by bringing rents to market. There is also a large garage on site that can be rented out for additional income. The properties have a current cap rate of 7.78%.
Details
| MLS# | 73234342 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1880 |
| Days On Site | 133 |
| Listing Provided By | Horvath & Tremblay | Spencer Norton |
Features
| Bed(s) | 25 |
|---|---|
| Bath(s) | 20 Total |
| SQ Feet | 14,618 |
| Garage | 2 |
| Story(s) | 9 |
| Units | 19 |
| Zoning | CC |
| Acreage | 0.37 |
Market Activity 01830
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Learn More About This Property
| State | MA |
|---|---|
| County | Essex |
| City | Haverhill |
| Zip Code | 01830 |
| Area | Essex |
| Listing VS Median (in 01830) | |
Price: $3,500,000 low | high Med: $495,000 SqFt: 14,618 low | high Med: 2,023 $ / SqFt: $239 low | high Med: $269 On Site: 133 low | high Med: 17.000000 | |