$1,500,000
16
Beds
8
Baths
5,562
Living Area
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Property Description
Turnkey multifamily investment in Haverhill! 71–73 Hilldale Ave consists of two buildings on one lot, including a 6-unit building fronting the street and a separate 2-unit building in the rear, for a total of 8 units. Generating $15,355/month in rental income, all units are lead compliant 2-bedroom, 1-bath with separately metered utilities, including water, keeping operating expenses low! Most units feature hardwood floors, and many have been updated and modernized over the years during tenant turnover. The 6-unit was fully renovated within the last 20 years, including upgraded 100-amp panels in each unit, updated wiring, PVC plumbing, and insulated walls and ceilings, including between units. Don't miss out on this strong cash flowing asset!
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 2
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 26
- Status: Closed
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Additional Details
- Basement: Full, Dirt Floor
- Flooring: Tile, Carpet, Hardwood
- Roof: Rubber
- Total Number of Units: 8
- Year Built Source: Owner
- Construction: Frame
- Foundation: Stone
- SqFt Source: Owner
- Year Built Details: Approximate, Unknown/Mixed
- Zoning: Cg
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $922,500
- Taxes: $9,880
- Tax Year: 2025
- Total Rent: $15,355
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