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.
7,221 Sq Ft
0.24 Private Acres Lot Size
investment
US$10,119 Annual Tax
Built in 1900
MLS/Listing ID 73488257
5 Stories
8 Units
Deck
Porch
Parking - Off Street
Parking - Paved
Lot - Corner Lot
Lot - Level
Stone
Construction - Frame
Community - Public Transportation
Shingle
Rubber
TOTAL MONTHLY COST
US$0
US$0
US$0