494-496 Main Street
$1,100,000
10
Beds
4
Baths
4,547
Sqft
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$1,100,000
10
Beds
4
Baths
4,547
Living Area
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Property Description
Investment Opportunity! Well-maintained four-family property featuring a desirable unit mix of two spacious 4-bedroom apartments and two 1-bedroom apartments. All four units have been updated within the last five years, offering investors an opportunity to acquire a property with significant improvements already completed. Current rents are below market, presenting excellent potential for increased income over time. All four units are currently month-to-month, providing added flexibility for future ownership and rental adjustments. Recent capital improvements include new electrical, a sprinkler system, commercial fire alarm system, three of four newer water heaters, three of four newer boilers, and a roof approximately 7 years old (2017). Additional amenities include four off-street parking spaces. A great opportunity for investors looking to expand their portfolio with a multifamily property offering strong rental upside and flexibility.
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Highlights
- Heating: Baseboard
- Parking Spots: 4
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1900
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Additional Details
- Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Interior Features: Living Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Actual
- Zoning: Rh
- Basement: Full, Concrete
- Foundation: Stone, Brick/Mortar
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Medical Facility, Laundromat, Highway Access
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $851,300
- Tax Year: 2025
- Total Rent: $9,100
- Rental Fee Includes: Unit 1(Water)
- Taxes: $9,117
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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 Coldwell Banker Realty - Haverhill.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.