Sold!
$1,425,000
13
Beds
10
Baths
6,313
Living Area
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Property Description
New England Realty Advisors LLC is pleased to present the Grand Ave Apartments for sale in Haverhill, MA. This property consists of (10) multifamily units with studio, one-bedroom, two-bedroom, and three-bedroom floor plans. The current rents are 15% below market creating a value-add opportunity for investors to raise rents without major capital improvements. Half of the units have been renovated with updated kitchens and bathrooms. Three out of the four studio apartments have bathrooms designated for each unit located in the hallway. The property is only 0.4 miles from downtown Haverhill and the MBTA station. All hallways and common areas have been upgraded to a modern look; the new heating system was installed in February of 2025. All interested parties will have the opportunity to obtain additional information upon request.
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Highlights
- Heating: Baseboard
- Parking Spots: 1
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 30
- Status: Closed
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
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Additional Details
- Basement: Bulkhead
- Foundation: Stone
- Roof: Shingle, Rubber
- Total Number of Units: 10
- Year Built Source: Public Records
- Construction: Frame
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Mf
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Amenities
- Community Features: Public Transportation
- Covered Parking Spaces: 1
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $982,100
- Tax Year: 2025
- Total Rent: $13,790
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
- Taxes: $10,518
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of New England Realty Advisors LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
