Address
27, 28, 30 Vine St, Haverhill, MA
Price
$ 3,500,000
Property Attributes
- MLS#73234342
- TypeMulti-Family
- CountyESSEX
- CityHaverhill
- Zip01830
- Style5+ Family - 5+ Units Up/Down
- Year Built1880
- Taxes$ 22346
- Price$ 3,500,000
- Bedrooms25
- Full Bathrooms20
- Half Bathrooms0
- Sqr Footage14618
- Lot Size0.37 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
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%.
| Price History | |
|---|---|
| 5/7/2024 | Listed $3,500,000 |
General Features
| Interior Features | Living Room,Kitchen |
|---|---|
| Sewer | Public Sewer |
| Heating | Electric |
| Zoning | CC |
| Garage Spaces | 2 |
| Year Built | 1880 |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2024 |
| Gross Income | 372864 |
| County | Essex |
| Net Operating Income | 272392 |
| Operating Expense | 100472 |
| Property Type | Residential Income |
| Garage Y/N | Yes |
| Total Rooms | 45 |
| Status | Active |
| Directions | Please use GPS |
| City | Haverhill |
| Senior Community Y/N | No |
| Total Units | 19 |
| Lot Size Square Feet | 16022 |
| Waterfront Y/N | No |
| Street Name | Vine St |
| Year Built Details | Approximate |
| Tax Annual Amount | 22346 |
| Electric Expense | 2590 |
| Home Warranty Y/N | No |
| Water Sewer Expense | 10432 |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 2100200 |
| Total Actual Rent | 31012 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Total Stories | 9 |
|---|---|
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 20 |
| Total Bedrooms | 25 |
| Total Baths | 20 |
Exterior Features
| Lot Features | Corner Lot |
|---|---|
| Water Source | Public |
| Total Parking | 5 |
| Lot Size Area | 0.37 |
| Foundation Details | Other |
| Spa | No |
| Building Area Total | 14618 |
| Lot Size Acres | 0.37 |
| Lot Size Units | Acres |
| Covered Spaces | 2 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 01830
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
