27, 28, 30 Vine St, Haverhill MA 01830
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%.
Sale Statistics
This property sold for 8.6% below the original asking price.
The property spent 41 days on market before selling.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
27, 28, 30 Vine St, Haverhill MA 01830
Haverhill, MA 01830
Walkability
Schools
School information not available
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Property History
Market Insights
Property Timeline
Sold
Nov 18, 2024Listed for Sale
May 7, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 11/18/2024 | ✓ Sold | $3,200,000 | - | - | Property sold |
| 05/07/2024 | 🏠 Listed for Sale | $3,500,000 | - | - | Original listing |