27, 28, 30 Vine St, Haverhill, MA, 01830
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
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School Info
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Listing courtesy of Spencer Norton, Horvath & Tremblay Phone: 781-776-4000