98-100 River St - Apartments FOR SALE


Haverhill, MA 01832
$1,425,000 USD
781-776-4000
98-100 River St, Haverhill, MA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/11
null | 7.41% Cap Rate

98-100 River St
Haverhill, MA 01832


HIGHLIGHTS

  • Transit Oriented Location
  • Downtown Location
  • Desirable Unit Mix
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the mixed-use property located at 98-100 River Street in Haverhill, Massachusetts (the “Property”). The Property is improved by a three-story building and with seven (7) units consisting of one (1) commercial unit leased to Upscale Cutz Barbershop, and six (6) residential units comprised of two (2), 3-Bedroom/1-Bathroom units and four (4), 2-Bedroom/1-Bathroom units with 6,804 square feet of living area in 11,892 square feet of gross area on a 0.111-acre parcel of land. The Property also features an on-site laundry facility. The Property is positioned along River Street (MA Route 113) in the western edge of downtown Haverhill, which offers a number of retail, dining, employment and entertainment amenities. The Property provides convenient access to Merrimack/Washington Street (MA Route 113), Main Street (MA-125), and Winter Street (MA-97), the area’s primary commercial and commuter corridors. The Property is seconds from Haverhill Train Station and is within walking distance of national retailers and restaurants (Walgreens, CVS, Market Basket, KFC, and Dunkin’). Haverhill is centrally located in Essex County and is roughly 35 miles north of Boston.

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$209 USD /SF

# OF UNITS

6

PRICE/UNIT

$237,500

CAP RATE

7.41%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1912

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,826 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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Dennis KelleherHorvath & TremblayMore Info
781-776-4000

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