MA > Haverhill
Haverhill, MA 01830,17 Vine
Haverhill, MA 01830,17 Vine
Haverhill, MA 01830,17 Vine
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BHRE Brad Hutchinson Real Estate

BHRE Brad Hutchinson Real Estate

+1(781) 665-2222
$1,250,000
Est. payment /mo
9 Beds
9 Baths
4,107 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Pending

Purchase Type For Sale

Square Footage 4,107 sqft

Price per Sqft $304

MLS Listing ID 73449544

Bedrooms 9

Full Baths 9

Year Built 1900

Annual Tax Amount $9,459

Tax Year 2025

Lot Size 7,840 Sqft

Acres 0.18

Property Sub-Type 5-9 Family

Property Description

pleased to present the Vine Street Apartments for sale, located at 17 Vine St in Haverhill, MA. This 9-unit apartment building consists of (5) one-bedroom apartments and (4) studio apartments. All of the units are in excellent shape, and more than half of the units have been upgraded to a more modern standard. All of the tenants are responsible for paying for electricity, which includes the heat. All units are on electric baseboard heat, paid for by the tenants. Investors have the opportunity to add value by raising rents to market rate, upgrading existing apartments to modern finishes, and adding additional parking spaces in the rear of the property. All interested parties will have the opportunity to obtain additional information upon request. Reach out to listing broker for offering memo. 7.31% cap rate, 9.12% pro forma cap rate. 7.70% going in cash on cash return with 15%+ cash on cash return once pro forma is achieved.

Location

State MA

County Essex

Zoning MF 5+

Direction Downtown Haverhill, MA

Rooms

Basement Full, Interior Entry, Dirt Floor

Interior

Interior Features Living RM/Dining RM Combo

Heating Electric

Cooling Window Unit(s)

Exterior

Community Features Public Transportation, Shopping, Highway Access

Roof Type Shingle

Total Parking Spaces 3

Garage No

Building

Lot Description Easements

Story 4

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

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Listed by New England Realty Advisors LLC
BHRE Brad Hutchinson Real Estate

At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.

+1(781) 665-2222

sales@bradhutchinson.com

193 Green Street, Melrose, Massachusetts, 02176, United States

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17 Vine