$3,500,000
About this home
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Vine Street portfolio of multi-family properties located in Haverhill, Massachusetts. The offering consists of nineteen (19) residential units spread over three properties on a combined 0.368-acres of land. The Portfolio is comprised of three (3), Studio units, eight (8), 1-Bedroom/1-Bathroom units, seven (7), 2-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/2 Bathroom unit with 14, 618 square feet of living area in 23, 763 square feet of gross area. The properties feature separately metered utilities. Recent capital improvements include new vinyl siding and newer roofs at 27 & 28 Vine, and updated landscaping throughout. The units have below market rents, allowing a new owner to increase cash flow by bringing rents to market. There is also a large garage on site that can be rented out for additional income. The properties have a current cap rate of 7.78%.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.
- Real estate (PITI + HOA + PMI)
- $22,782
- Utilities
- $999
- Transportation
- $119
- Other (entertainment)
- $157
Quick facts
At a glance
Home features
Lot features
Corner Lot
Neighborhood — 01830
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 23,716 | 6,444,931 | 299,088,112 |
| Population Change Since1990 | 13.00% | 7.00% | 20.00% |
| Population Density | 1,594 | 786 | — |
| Male | 11,369 | 3,127,134 | 147,432,321 |
| Female | 12,347 | 3,317,797 | 151,655,844 |
| Never Married | 5,011 | 1,612,885 | 63,775,926 |
| Married | 9,109 | 2,586,314 | 123,120,365 |
| Separated | 941 | 247,857 | 12,639,686 |
| Widowed | 1,833 | 363,594 | 15,467,586 |
| Divorced | 1,996 | 436,888 | 23,075,029 |
| Number Of House Hold | 9,115 | 2,431,591 | 111,826,380 |
| Average House Hold Size | 2.51 | 2.56 | 2.60 |
| Medial Age | 37.01 | 37.25 | 35.46 |
| Median House Hold Income | $55,287 | $57,698 | $48,276 |
| Average House Hold Income | $66,366 | $75,023 | $63,629 |
| P C I | $27,060 | $29,196 | $24,529 |
| M D I | $46,297 | $48,105 | $41,133 |
| A T H E | $52,787 | $57,083 | $50,898 |
| S T R | 5.00% | 5.00% | — |
| W C J | 80.08% | 81.38% | 77.74% |
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
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Listing information last refreshed 5/7/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.