$840,000
$899,000
6.6%For more information regarding the value of a property, please contact us for a free consultation.
11 Beds
6 Baths
4,366 SqFt
SOLD DATE : 10/31/2023
Key Details
Sold Price $840,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,366 sqft
Price per Sqft $192
MLS Listing ID 73156529
Sold Date 10/31/23
Bedrooms 11
Full Baths 6
Year Built 1850
Annual Tax Amount $6,339
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 5-9 Family
Property Description
1031 Exchangers and investors nestled within the heart of Haverhill, Massachusetts, this remarkable investment property presents a golden opportunity for astute investors seeking a lucrative venture in the realm of real estate. Welcome to 13-15 Nichols St, a well-maintained and strategically positioned property boasting six individual units, each offering a perfect blend of comfortable living and significant rental income potential. The property offers a diverse mix of units, ranging from one bedroom to spacious multi-bedroom apartments,. This versatility ensures a broad tenant pool and consistent occupancy rates. The current rental rates are positioned below market value, offering investors an immediate opportunity to enhance their revenue stream by adjusting rents to reflect the prevailing market rates. Don't miss the chance to secure your foothold in the Haverhill real estate landscape. Group Showing Monday 9/11 at 11 am and Thursday 9/14 at 11am
Location
State MA
County Essex
Zoning RU
Direction GPS
Rooms
Basement Full
Interior
Interior Features Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Appliance Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator)
Exterior
Community Features Public Transportation, Shopping, Public School
Total Parking Spaces 8
Garage No
Building
Lot Description Level
Story 9
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Jose Frias • Realty ONE Group Nest
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