Multifamily Opportunity in Haverhill, MA

$525,000 • 5 Beds / 3 Baths • 2,800 SqFt
Offer Submission Deadline
  • 2-4 Unit
  • 5
  • 3
  • 1900
  • 2800
  • 3920

Description

🏡 Investment Opportunity in Haverhill, MA | Starting Bid: $474,988


Haverhill, MA 01832

Discover this 3-family property brimming with potential! Built in 1900 and spanning 2,800 sqft, this versatile asset offers 5 bedrooms, 3 bathrooms, and separately metered utilities for seamless management. Currently generating income with two occupied units (1st floor: seller-occupied; 2nd floor: tenant) and a vacant 3rd-floor unit ready for your vision. Property will be delivered vacant with potential seller carry back option (They be relocating within 2 weeks of post closing)


PHOTOS LINK


Key Features:

✅ Prime Location:Close toHaverhill’s shops/dining, 0.7 miles to Commuter Rail 

✅ Income Potential: Immediate equity + potential cash flow

✅ Modern Upgrades: 2-year-old high-capacity furnace on the 1st floor.

✅ Flexible Layout: Convert the 1st floor into a 3-bedroom unit (existing handicap-accessible bathroom with railings).

✅ Solid Infrastructure: Functional heating, electrical, and water systems.


Sold As-Is: Ideal for investors. A rare chance to add value and maximize returns!


Closing Date: April 2, 2025 or sooner | RSVP for showing


📩 Submit offers with proof of funds toaci@allcoastinvestments.com

📞 Contact Jeff: (866) 980-2773



Turn this diamond-in-the-rough into a lucrative investment! 🔨💰

Note: Property requires updates/repairs. Second-floor photos unavailable.

Estimated Spread

  • ARV $750,000
  • Price $474,988
  • Spread $275,012