Sold

27, 28, 30 Vine St

Haverhill MA, 01830

$3,200,000


$218.91 per sqft

Sold

25 Beds

20 Baths

14,618 sqft

Multi-family

Built in 1880

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%.

73234342

MLS ID

May 7, 2024

Listed

November 22, 2024

Updated

Map

27, 28, 30 Vine St
Haverhill MA, 01830

Interior Features

Total Stories

9


Bedrooms

25


Total Bathrooms

20


Full Bathrooms

20


Interior Features

Living Room, Kitchen


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.37 Acres


Lot Features

Corner Lot


Sewer

Public Sewer

Other Property Details

Taxes

$22,346


Tax Frequency

Annually


Days on Market

37


Garage

Yes


Garage Spaces

2


Parking Total

5


View

No


County

Essex


Water Source

Public


Pool

No


Zoning

CC

Listing History

Date

Event

Price

11/18/2024

Sold

$3,200,000

 

Courtesy of Spencer Norton, Horvath & Tremblay

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Data last updated 11:13 PM UTC, 11/22/2024

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