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$ 1,700,000
Est. payment /mo
Pending
85-87 Summer Haverhill, MA 01830
9 Beds
8 Baths
7,221 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,221 sqft
Price per Sqft $235
MLS Listing ID 73488257
Bedrooms 9
Full Baths 8
Year Built 1900
Annual Tax Amount $10,119
Tax Year 2025
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 5-9 Family
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.
Location
State MA
County Essex
Zoning RU
Direction Summer Street Haverhill, MA
Rooms
Basement Full, Walk-Out Access
Exterior
Community Features Public Transportation
Roof Type Shingle,Rubber
Total Parking Spaces 8
Garage No
Building
Lot Description Corner Lot, Level
Story 5
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by New England Realty Advisors LLC