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$5,250,000
Est. payment /mo
38 Beds
17 Baths
21,200 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 21,200 sqft
Price per Sqft $247
MLS Listing ID 73467638
Bedrooms 38
Full Baths 17
Year Built 2020
Annual Tax Amount $28,487
Tax Year 2025
Lot Size 2.300 Acres
Acres 2.3
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
Harrison Lofts | Haverhill, MA Newer-construction (2020) 17-unit multifamily asset producing approximately $427,000 ($35,620.00 per month) in gross annual income with upside in rents.The property consists of 17 units (including 4 duplexes) with a strong unit mix from studios to 4-bedroom apartments. All units feature modern finishes, stainless steel appliances, and an industrial loft design that supports long-term rental demand.32 off-street parking spaces, on-site laundry, and separately metered gas and electric for each unit—including individual on-demand hot water heaters—keep operating expenses efficient.Located minutes from I-495, commuter rail, and downtown Haverhill amenities. Stabilized income, modern construction, well maintained, and value-add potential make this a compelling long-term hold.
Location
State MA
County Essex
Zoning Res
Direction Corner of Lancaster and Harrison.
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School
Total Parking Spaces 30
Garage No
Building
Lot Description Corner Lot
Story 6
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Northeast Development & Investment, Inc.
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