RE/MAX Main Street Associates
Plaistow: 603-382-7979 | Haverhill: 978-373-6033

9-11 Beach St, Haverhill, MA 01832

Multi-Family

$405,000
Price
$399,000
Sale Price

3
Units
3,381
Approx. GLA
*INCOME OPPORTUNITY* 3 unit property located less than 1 mile from the MBTA Commuter Rail and downtown Haverhill's shops and restaurants. Conveniently located approx 1 mile to Route 495. Each unit is symmetrical to the other units, great for condo conversion potential. Each unit has 3 bedrooms, 1 bath per, @ 1,100sqft per unit. Fantastic investment for any investor. Buy and hold OR live in one unit and rent out the others. Coin-op laundry located on site for extra revenue. Tenants pay their own heat and electric, everything has been separated. Vinyl sided in 2002. The roof was replaced in 2013 and all 3 furnaces were replaced back in 2016. Property management company in place and would like to remain if new owner wishes to keep them. Off-street parking for 2-3 cars. See attached document (paperclip in MLS) for income & expenses breakdown. Excellent numbers ~ Property will not last ~ Please arrive early to the group showing as we will walk thru each unit togethe
Highlights
Sale Price: $399,000
Settled Date: 5/14/2018 12:00:00 AM
Basement Features: Full
List Price: $405,000
Type: Multi-Family
Multi-Family Type: 3 Family - 3 Units Up/Down
Status: Sold
Beds: 9
Baths: 3
Units: 3
Year Built: 1900
Approx. GLA: 3,381
MLS#: 72285766
 
 
Interior
Basement: Yes
Electricity Cost: $468
Flooring: Tile
Hot Water: Natural Gas
Rooms: 15
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.10
Lot Size: 4,328.00
Lot Description: Paved Drive
Foundation: Brick
Parking Spaces: 3
Parking Features: Off-Street, Tandem
Road Type: Public
Color: Off-White
Construction: Frame
Roof Material: Tar & Gravel
Utility: for Gas Range
Exterior: Vinyl
Exterior Features: Porch, Deck
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $265,100
Taxes: $3,974
Tax Year: 2017
Book/Page: 13386/3
Beach
Beach: No
Expenses
Expenses Source: Estimated, Owner Provided
Gross Income: $47,664
Gross Expenses: $3,152
Total Rent: $3,972
Net Income: $39,173
Insurance Cost: $1,578
Sewer Cost: $553
Water Cost: $553
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat
Disclosure Declaration: No
Disclosure: DISCLAIMER: Any and all financial information are estimates and provided by the seller from fiscal year 2017. Buyer and/or buyer's agent are responsible for their own due diligence. Seller and/or seller's agent makes no warranties or representations of the accuracy of this information
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 3 0 1 1 0 Yes 1 $1,405
Unit 2 5 3 0 2 1 0 Yes 1 $1,396
Unit 3 5 3 0 3 1 0 Yes 1 $1,061
Map
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The listing office is Wellsco, LLC and the listing agent is Stephen Martin. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/14/2018 5:35:00 PM.
 
Gina Pearson
Gina Pearson
Realtor Licensed in MA & NH
RE/MAX Main Street Associates