48-50 Portland St
$1,100,000
6
Beds
6
Baths
2,968
Sqft
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$1,100,000
6
Beds
6
Baths
2,968
Living Area
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Property Description
Excellent opportunity to own a cash-flowing 6-unit investment property in the growing city of Haverhill, MA. With many recent upgrades, including a new roof and unit renovations, this is a good turnkey property with some value add opportunity and room to increase rents. The property features some off-street parking and the potential to expand the parking into the spacious backyard. Located in a desirable neighborhood with access to local amenities and public transportation, tenants find it a quiet and convenient place to live. This asset is ideal for someone looking for a solid investment that will continue to grow along with the city of Haverhill.
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1940
- Parking Spots: 4
- Property Type: 5-9 Family
- Total Rooms: 14
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Vinyl
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 6
- Year Built Source: Public Records
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Unkwn
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Amenities
- Community Features: Public Transportation, Shopping, T-Station
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $736,400
- Compensation Based On: Net Sale Price
- Taxes: $7,887
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $7,496
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Listing information provided courtesy of J. Borstell Real Estate, Inc..
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