GREAT INVESTMENT OPPORTUNITY! Large 7-family investment property in HAVERHILL located in a prime area. Each unit features large bedrooms, clean bathrooms, and separately metered gas heating and electric meters. Fully leased turn-key opportunity with the ability to increase rents. The lot located adjacent to the property is currently being used as a parking lot and will be conveyed upon sale of property. Conveniently located near many area amenities including schools, shopping, dining & public transportation.
This home has been viewed 36 times
Last Checked: May 7th, 2024 at 5:01am (Source: MLS PIN #73055243)
Gross Income: $76,200
Gross Expenses: $9,096
Net Income Calc: $67,104
CAP Rate: 3.95%
Annual Expenses for 13 High St, Haverhill MA 01832
Total Gross Expenses (Calculated)$9,096/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,096
Annual Income & Unit Breakdown for 13 High St, Haverhill MA 01832
Total Gross Income (Calculated)$76,200
Unit 1
Rental Income$1,800
LeaseY
Bedrooms3
Bathrooms3 Full
Floor3
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$1,550
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 3
Rental Income$1,550
LeaseY
Bedrooms2
Bathrooms2 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
Unit 4
Rental Income$1,450
LeaseY
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
General Information for 13 High St, Haverhill MA 01832
Listing ID73055243
Property TypeMulti Family
Price$1,699,000 ($185.64/SqFt)
Style5+ Family - 5+ Units Up/down
CityHaverhill
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total9,152 SqFt
Approximate Lot Size (Acres)0.1 acres
Total Parking5
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor Space
ZoningRes
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 13 High St, Haverhill MA 01832
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$33,737
Total Gross Income By Broker$134,400
Total Net Income By Broker$100,663
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 13 High St, Haverhill MA 01832
Real Estate Taxes$9,096
Tax Year2022
Assessed Value$715,000
Financial Data Source
Total Gross Expenses By Broker$33,737
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$134,400
BostonRealEstate.com Gross Income
Total Net Income By Broker$100,663
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)3.95%
Location Information for 13 High St, Haverhill MA 01832
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 13 High St, Haverhill MA 01832
Agent
Name: Andrew Haddad
Office
Name: Northeast Development & Investment, Inc.