Pending
Under Agreement
27, 28, 30 Vine St
Haverhill MA, 01830
$3,500,000
$239.43 per sqft
Pending
Under Agreement
25 Beds
20 Baths
14,618 sqft
Multi-family
Built in 1880
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%.
73234342
MLSⓇ ID
May 7, 2024
Listed
September 3, 2024
Updated
Map
27, 28, 30 Vine St
Haverhill MA, 01830
Interior Features
Total Stories
9
Bedrooms
25
Total Bathrooms
20
Full Bathrooms
20
Interior Features
Living Room, Kitchen
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.37 Acres
Lot Features
Corner Lot
Sewer
Public Sewer
Other Property Details
Taxes
$22,346
Tax Frequency
Annually
Days on Market
37
Garage
Yes
Garage Spaces
2
Parking Total
5
View
No
County
Essex
Water Source
Public
Pool
No
Zoning
CC
Courtesy of Spencer Norton, Horvath & Tremblay
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Data last updated 3:10 PM UTC, 9/3/2024
