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.
- Basement:
- Full, Walk-out Access
- Parking:
- Off Street, Paved Drive
- Construction:
- Frame
- Sewer:
- Public Sewer
- Water:
- Public
- Garage Parking
- Lead Paint:
- Unknown
- Market Time:
- 37
- Parking Spaces:
- 8
- Tax Year:
- 2025
- Status:
- Closed
- Price Per Sqft:
- $234
- Zoning:
- RU
- No Units:
- 8
- Orig Price:
- $1,700,000
- LEASE:
- Yes
- Waterfront:
- No
- MlsStatus:
- Sold
- City:
- Haverhill
- State:
- MA
- County:
- Essex
- Postal Code:
- 01830
- Longitude:
- W72° 55' 36.5''
- Latitude:
- N42° 46' 38.7''
Residential Income
85-87 Summer, Haverhill, Massachusetts
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Price :
- $1,700,000
- Bedrooms :
- 9
- Rooms :
- 37
- Total Bathrooms :
- 8
- Full Bathrooms :
- 8
- Square Footage :
- 7,221 Sqft
- Year Built :
- 1900
- Lot Area :
- 0.24 Acre
- Listing ID :
- 73488257
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
