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$1,050,000
Est. payment /mo
12 Beds
5 Baths
5,685 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,685 sqft
Price per Sqft $184
MLS Listing ID 73526079
Bedrooms 12
Full Baths 5
Year Built 1900
Annual Tax Amount $8,717
Tax Year 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5-9 Family
Property Description
The Nichols Street Apartments for sale located at 32 1/2 Nichols St in Haverhill, MA. This property consists of two buildings on the same lot, the first building is a 2,760 SF two family with (1) two bedroom unit and (1) four bedroom unit. The second building is a 2,925 SF three family with (3) two bedroom units. Both properties are separate from eachother and equipped with all seprate utilites including water & sewer. There is off street parking spots which can fit 4 vehicles and ample on street parking. Thereis opportunity to add value by potenitally subdividing these buildings from eachother as well as raising rents to market rate. All interested parties will have theopportunity to obtain additional information upon request. Current cap rate 8.15%, pro forma cap rate 9.30%. Showings scheduled Thursday June 4th from 4-6. Please call or email to make appointment.
Location
State MA
County Essex
Zoning RU
Direction Downtown Haverhill
Rooms
Basement Full
Interior
Heating Baseboard
Flooring Wood
Fireplaces Number 2
Exterior
Roof Type Slate
Total Parking Spaces 2
Garage No
Building
Story 6
Foundation Stone
Sewer Public Sewer
Water Public, Individual Meter
Others
Senior Community false
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Listed by New England Realty Advisors LLC