11 Park St Haverhill, MA 01830-5904

Sold Price: $850,000

Est. Payment:

  • 14 Beds
  • 14 Baths
  • 8986 SqFt
  • $ 106 / SqFt

About This Property

Value add opportunity. 14 Legal apartments with plenty of parking. Great residential location in the Historic Highland Neighborhood! Separate gas heating systems. All one bedrooms and studios. Four apartments have just been cosmetically renovated. Tremendous upside to bring rents to market rate. Property needs significant improvements including, but not limited to roof, siding, windows, kitchens, baths, common hallways and installing separate electric meters for each apartment. With improvements the property should gross between $150,000 to $160,000 per year. There is a POSSIBILITY of subdividing a two family lot from the existing parcel. The Seller has plans. Interior pictures are of one updated apartment. Seller may take smaller or larger property as payment towards this building. Please drive by the exterior and if you are further interested, call to make an appointment.

MLS® #72340776
Price$949,900
Bedrooms14
Bathrooms14.00
Full Baths14
Square Footage8,986
Acres0.61
Year Built1900
TypeMulti-Family
Sub-Type5+ Family - 5+ Units Up/Down
StatusSold
Address11 Park St
CityHaverhill
CountyEssex
StateMA
Zip Code01830-5904
Parking Spaces21
AgentJoseph Lilly
OfficeSky Realty, LLC

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