Sold

17 Vine St, Haverhill, MA 01830

Beds
9
Baths
9
Sqft
4,107

View property features, location on map, relevant school information and overview from seller's agent.

Listed byNew England Realty Advisors LLC
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Overview

pleased to present the Vine Street Apartments for sale, located at 17 Vine St in Haverhill, MA. This 9-unit apartment building consists of (5) one-bedroom apartments and (4) studio apartments. All of the units are in excellent shape, and more than half of the units have been upgraded to a more modern standard. All of the tenants are responsible for paying for electricity, which includes the heat. All units are on electric baseboard heat, paid for by the tenants. Investors have the opportunity to add value by raising rents to market rate, upgrading existing apartments to modern finishes, and adding additional parking spaces in the rear of the property. All interested parties will have the opportunity to obtain additional information upon request. Reach out to listing broker for offering memo. 7.31% cap rate, 9.12% pro forma cap rate. 7.70% going in cash on cash return with 15%+ cash on cash return once pro forma is achieved.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
4
Number of bedrooms
9
Number of bathrooms
9
Square feet
4,107
Lot size (acres)
0.18
Year built
1900

Interior features

Basement
Yes

Utilities

Heating
Electric
Cooling
Window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

Electricity
$3,844
Insurance
$3,808

Taxes

Tax Annual Amount (2025)
$9,459

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLS Property Information Network (MLS PIN) MLS®#: 73449544 Last checked:

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