38-40 9th Ave, Haverhill, MA 01830
Listing Courtesy of : Mike Pettoruto ---- Realty ONE Group Nest
- $1,100,000
- 8
- BD
- 4
- BA
- 3,900
- SqFt
- List Price
- $1,100,000
- Status
- NEW
- MLS#
- 73559639
- Bedrooms
- 8
- Bathrooms
- 4
- Full Baths
- 4
- Living Area
- 3,900
- Lot Size (Acres)
- 0.11
- Year Built
- 1900
Property Description
Exceptional investment opportunity in this well-maintained four-unit corner lot property offering immediate value-add potential. With below-market rents, 3 tenant-at-will units, and one owner-occupied unit to be delivered vacant at closing, buyers will have the flexibility to owner-occupy or reposition the property to maximize income. Updates include a 7-year-old roof with new plywood, full ice and water shield, and 30-year architectural shingles. All hot water heaters are direct vent, including two approximately 6 months old, a 2-year-old smart heat pump water heater, and a 5-year-old direct-vent unit. The direct-vent gas furnaces have been professionally serviced annually. The entire left side of the property features 3-year-old double-pane replacement windows, while the opposite side also has double-pane windows. Hardwood flooring is found throughout most of the property, with the exception of one first-floor unit. Electrical service includes three 100-amp panels and one 200-amp panel. The property also has 2 separate driveways to make parking much easier. With tenant at will leases, 1 unit vacant at closing, this property offers an outstanding opportunity to build equity and maximize returns. Open house Sat 8/8 from 12-2!
Additional Information
- Taxes
- $6,397
- Interior Features
- Living Room, Kitchen, Dining Room, Living RM/Dining RM Combo
- Parking Description
- Off Street, Paved
- Parking Features
- Off Street, Paved
- Parking Spaces
- 7
- Water Source
- Public
- Lot Description
- Corner Lot
- Heat Zones
- 4
- Water
- Public
- Sewer
- Public Sewer
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