$3,500,000 ($239.43 per sqft)

Est. Mortgage $18,394/mo *

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27, 28, 30 Vine St, Haverhill, MA, 01830

27, 28, 30 Vine St, Haverhill, MA, 01830
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45 rooms

25 beds

20 Full baths

1880

14,618 sqft

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%.

Status:

Active

Type:

Multi-family

Units:

19

Zoning:

CC

Garage:

2-car

Heating:

Electric

Levels:

9

Parking:

5-car

Acreage:

0.37

Est. Taxes:

$22,346

Assessment

$2,100,200

Lot Description:

Corner Lot

MLS #:

73234342

Buyer Agent Compensation:

2

Facilitator Compensation:

0

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

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Listing courtesy of Spencer Norton, Horvath & Tremblay Phone: 781-776-4000