340 Haverhill St - Apartments FOR SALE


Lawrence, MA 01840- North Common
$1,400,000 USD
203-997-0164
340 Haverhill St, Lawrence, MA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/5
null | 8.2% Cap Rate

340 Haverhill St
Lawrence, MA 01840
North Common


HIGHLIGHTS

  • 11 Studio Apartments
  • Recent Interior Renovations
  • Significant Recent Capital
  • Off-Street Parking
  • Landlord Paid Utilities
  • In-Place Management

OVERVIEW

Northeast Private Client Group® is pleased to present the Haverhill Street Apartments located at 340 Haverhill Street in Lawrence, Massachusetts. The 11-unit property features studio apartments and five off-street parking spaces. Nine apartments have been recently renovated along with extensive siding and window repairs, a new high efficiency hot water heater, and new outdoor stairs. The exterior walls were re-insulated in 2023 to reduce the cost landlord-paid heat. The property management company currently managing the building can remain in-place for a new owner. All interested parties will have the opportunity to obtain additional information upon request.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$279 USD /SF

# OF UNITS

11

PRICE/UNIT

$127,273

CAP RATE

8.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,695 SF

ZONING

-

APN/PARCEL ID

LAWR-000147-000000-000005

ASK ABOUT THIS PROPERTY

Edward JordanNortheast Private Client GroupMore Info
203-997-0164

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Edward JordanNortheast Private Client GroupMore Info
203-997-0164

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.