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11 Park St Haverhill, MA 01830
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 8,986 sqft
Price per Sqft $94
MLS Listing ID 72340776
Bedrooms 14
Full Baths 14
Year Built 1900
Annual Tax Amount $8,068
Tax Year 2018
Lot Size 0.610 Acres
Property Description
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.
Location
State MA
County Essex
Zoning RES
Interior
Fireplaces Number 3
Exterior
Waterfront false
Building
Lot Description Level
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Read Less
Bought with Michael Becker • Atlantic Coast Homes,Inc
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