Sold

294 Washington St, Haverhill, MA

Haverhill · MA 01832

$500,000
Price
7
Beds
3.5
Baths
3398
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 3 Units
Lot size: 5,998 Sq.Ft Lot
Price per square foot: $136 / Sq.Ft
Parking: 5 Off Street Spaces

About this home

**EXCELLENT INVESTMENT ** Great opportunity to live in one unit & rent out the others. Have the tenants buy down your mortgage while living rent-free. Ideal owner-occupied property for a first-time buyer. Property also makes sense for investor that wants to add to their buy & hold portfolio & rent out all units long term. Rents are below market. Low operating expenses. All utilities are separate & paid by tenants. Nice corner lot. Just a short distance to downtown Haverhill's restaurants, shops, bars, cafes & commuter rail. Per the seller the current rent-roll $42,600, current expenses $11,500; NOI $32,000. Per the seller. New flooring all 3 units, Shower re-finished, new vanity. Added in-unit laundry. Replaced 3 HW tanks, boiler for 2 bed unit, Upgraded zone controller and had boiler re-built. Replaced all kitchen windows in unit 1 and 2 and living room window in unit 1. New vanity, faucet, toilet in 4 bed unit. New shingles on mansard portions of the roof. Re-built both decks

Neighborhood & Transit

294 Washington St, Haverhill · MA 01832

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Haverhill Commuter Rail 1 route 0.26 mi
    • Haverhill Line
  • Bradford Commuter Rail 1 route 0.31 mi
    • Haverhill Line

Price Insight

Days on Market:
2004 days
Listing Price:
$462,500
Price per Sq.Ft:
$136
Tax Assessment:
$437,900 in 2020
Taxes:
$496 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
3
Half Bathrooms
1
Living Area
3,398 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
5,998 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Stephen Martin
Listing office
Lux Realty North Shore
MLS PIN #
72783387