$3,500,000
27, 28, 30 Vine St Haverhill, MA 01830
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$3,500,000
Est. payment /mo
25 Beds
20 Baths
14,618 SqFt
UPDATED:
11/14/2024 08:04 PM
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 14,618 sqft
Price per Sqft $239
MLS Listing ID 73234342
Bedrooms 25
Full Baths 20
Year Built 1880
Annual Tax Amount $22,346
Tax Year 2024
Lot Size 0.370 Acres
Acres 0.37
Property 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%.
Location
State MA
County Essex
Zoning CC
Direction Please use GPS
Interior
Interior Features Living Room, Kitchen
Heating Electric
Exterior
Garage Spaces 2.0
Waterfront false
Total Parking Spaces 5
Garage Yes
Building
Lot Description Corner Lot
Story 9
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay
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