Sold

85-87 Summer St, Haverhill, MA

Haverhill · MA 01830

$1,690,000
Price
9
Beds
8
Baths
7221
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 8 Units
Lot size: 0.24 Acre Lot
Price per square foot: $235 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

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.

Neighborhood & Transit

85-87 Summer St, Haverhill · MA 01830

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
231 days
Listing Price:
$1,700,000
Price per Sq.Ft:
$235
Tax Assessment:
$944,800 in 2025
Taxes:
$843 / Monthly

Home Facts

Interior Features

Bedrooms
9
Full Bathrooms
8
Half Bathrooms
0
Living Area
7,221 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
7221
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
10,454 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood
Roof
Unknown

Green Features

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

Listing information

Listing agent
Bradford Carlson
Listing office
New England Realty Advisors LLC
MLS PIN #
73488257