85-87 Summer, Haverhill, MA 01830
85-87 Summer, Haverhill, MA 01830
85-87 Summer, Haverhill, MA 01830
85-87 Summer, Haverhill, MA 01830
85-87 Summer, Haverhill, MA 01830
85-87 Summer, Haverhill, MA 01830
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Melanie Gundersheim

Melanie Gundersheim

+1(617) 997-8272
$ 1,700,000
Est. payment | /mo

9 Beds

8 Baths

7,221 SqFt

Save
$ 1,700,000
Est. payment | /mo
Save

9 Beds

8 Baths

7,221 SqFt

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 7,221 sqft

Price per Sqft $235

MLS Listing ID 73488257

Bedrooms 9

Full Baths 8

Year Built 1900

Annual Tax Amount $10,119

Tax Year 2025

Lot Size 10,454 Sqft

Acres 0.24

Property Sub-Type 5-9 Family

Property Description

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.

Location

State MA

County Essex

Zoning RU

Direction Summer Street Haverhill, MA

Rooms

Basement Full, Walk-Out Access

Exterior

Community Features Public Transportation

Roof Type Shingle,Rubber

Total Parking Spaces 8

Garage No

Building

Lot Description Corner Lot, Level

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by New England Realty Advisors LLC

Nearby Locations

Melanie Gundersheim

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(617) 997-8272

melanie@gundersheimgroup.com

10 Lincoln St, Newton, MA, 02461, United States

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85-87 Summer