BEDS9
BATHS8 full
SQUARE FEET7,221
MLS#73488257
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Presenting the Summer Street Apartments for sale, located in Haverhill, MA. This 8-unit multifamily property consists of (7) one-bedroom units and (1) two-bedroom unit. The property is conveniently located close to downtown Haverhill and within 1.5 miles of both MBTA commuter rail stations. The building has a brand new parking lot, which was completed in 2023 with a total of 8 off-street parking spots. Six out of the eight units have been renovated with modern finishes and hardwood floors throughout each apartment. Tenants pay their own utilities while the landlord is only responsible for water & sewer expenses. There is a value-add opportunity through renovating the remaining two apartments and raising current rents to market rate. This turnkey asset is a great addition to any investor's real estate portfolio and offers high cash on-cash returns on day 1.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Walk-Out Access
Lot Size: 0.24 Acres
Roof Type: Shingle, Rubber
Stories: 5.0
Taxes: $10,119
Year Built: 1900
Feature Descriptions
Building Area Total: 7221
Community Features: Public Transportation
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 32
Dwelling Type: 5-9 Family
Exterior: Frame
Lot Features: Corner Lot, Level
Open Parking Y/N: Yes
Parcel Number: 1922478
Parking Features: Paved Drive, Off Street
Parking Total: 8
Patio And Porch: Porch, Deck
Rooms Total: 37
Sewer: Public Sewer
Units: 8
Water: Public
Listed By / Shown By
Listed By
Agency Name: New England Realty Advisors LLC
Agency Phone: 781-334-8044
Agent Name: Bradford Carlson
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,122.55 per month $3,783.46 Principal & Interest $843.25 Property Tax $495.83 Homeowner's Insurance
85-87 Summer | MLS# 73488257
This multi-family property located at 85-87 Summer, Haverhill, MA 01830 is currently listed for sale with an asking price of $1,700,000. Search Haverhill real estate on www.masiellogrouprealestate.com today.