27, 28, 30 Vine St Haverhill, MA SOLD
$3,200,000
Beds 25
Baths 20
Square Feet 14,618
Acres 0.37
Description
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%.
Listed by Horvath & Tremblay, Spencer Norton
Sold by Horvath & Tremblay, Spencer Norton
Details
MLS 73234342
Status Closed
Price $3,200,000
DOM 195 days
Type Multi-Family
Beds 25
Total Baths 20 full baths
Square Feet 14,618 sqft
Garage Spaces 2
Lot Size 0.37 acres
Year Built 1880
Lot & Building Features
Heating Electric
Sewer Public Sewer
Tax Year 2024
Taxes Paid $22,346
Water Public
Foundation Other
Interior Features Kitchen, Living Room
Full Baths 20
Total Rooms 45
Garage Spaces 2
Map
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.