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Haverhill, MA. 01830


MLS # 72628414 - Under Agreement
Multi-Family 5+ Family - 5+ Units Up/Down    

List Price $653,000 Days on Market  
List Date   # Units 5
Sale Price   # Floors  
Sold Date   Rooms 21
Assessed Value $469,800 Bedrooms 11
Gross Living Area 3,858SF Full Baths 5
Lot Size 6,277SF Half Baths 0
Taxes $6,389.28 Fireplaces  
Tax Year 2020 Basement Yes
Zoning . Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 6
    Garage Spaces 0

Remarks:

LAUGH ALL THE WAY TO THE BANK! Motivated seller is providing new buyer/investor the opportunity to acquire a proven income-generator in an established area. The nearby amenities meet the everyday needs of your prospective tenants. This property also offer your future tenants off street parking. Currently with a management company and could be left there for hands free management, or could be managed by the new buyer/investor if they choose. All tenants are on leases that auto-renew every April 1st (unless you notify them otherwise) with an automatic rent escalation. There is a provision in the leases that allow a new owner to terminate the leases with 60 days notice if a buyer wants to shake things up.

Features
Amenities   Public
   Transportation,
   Shopping, Highway Access
Basement   Full
Construction   Frame
Electricity   110 Volts
Exterior   Vinyl
Flooring   Wood, Varies
   Per Unit
Foundation   Brick
Heating Zones   5
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Level
Parking   Off-Street
Road   Public
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range
Warranty   No
Units
Unit 1 Bedrooms: 3; Floor: 1; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1429; Rooms: 5
Unit 2 Bedrooms: 2; Floor: 1; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1273; Rooms: 4
Unit 3 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1309; Rooms: 4
Unit 4 Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: Yes; Levels: 1; Rent: 1309; Rooms: 4
Financial Info
Gross Expenses   $12
Gross Oper. Income  
   $79,704
Insurance   $3,200
Net Oper. Income   $67,795
Sewage   $1
Water   $1
Additional Information
APOD Available?   Yes
Adult Community   No
Anticipated Sale Date  
   10/13/2020
Deed   Book: 33335, Page:
   150
Foreclosure   No
GLA Source   Public Record
Identifier   Map: 0603,
   Lot: 20, Block: 00465
Off Market Date   8/5/20
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 9/14/20 11:50am

Courtesy: MLSPIN

Contact agent for more information about this listing
Listing Office: EMPIREā„¢ Listing Agent: Alfred Colon


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