Off Market

99-103 Cedar Street, Haverhill, MA

Haverhill · MA 01830

$1,350,000
Price
16
Beds
7
Baths
6500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1870
Units: 7 Units
Lot size: 6,512 Sq.Ft Lot
Price per square foot: $208 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

**EXCELLENT INCOME PRODUCING PROPERTY** Legally Re-Zoned & Renovated 7 Unit Multi-Family. This Property Offers Two 3 Bedroom Units and Five 2 Bedroom Units ALL Utilities Separately Metered. Net Operating Income is $107,000. Cap Rate of 12% Potential to Maximize Revenue with Rents Below Market Value. Operating Expenses (Including Taxes, Water, Electric & Insurance) $14,000 Great ROI for a 1031 Exchange. Tenants Responsible for Heat, Hot Water and Electric. 4/7 Units Renovated from Studs Out. Architectural Drawings Remain for 3 units to Convert into 3 Bedrooms. All Units Occupied, Tenants at Will. On/Off Street Parking and Private Driveway. All Newly Installed Sprinkler System, Hardwired Fire Detectors, Security Surveillance System, Vinyl Siding, Windows, Doors and Decks (Roof 2011) Convenient Location to Downtown, Commuter Rail, Shops, Restaurants & Highway.

Neighborhood & Transit

99-103 Cedar Street, 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:
2071 days
Listing Price:
$1,350,000
Price per Sq.Ft:
$208
Tax Assessment:
$537,000 in 2019
Taxes:
$624 / Monthly

Home Facts

Interior Features

Bedrooms
16
Full Bathrooms
7
Half Bathrooms
0
Living Area
6,500 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
6,512 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 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
Jessica Donahue
Listing office
LAER Realty Partners
MLS PIN #
72792518