Haverhill Real Estate, 38-40 9th Ave: LRG Boston, #73559639

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38-40 9th Ave, Haverhill, MA

Haverhill Multi-Family Get directions

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Unit Information

Exceptional investment opportunity in this well-maintained four-unit corner lot property offering immediate value-add potential. With below-market rents, 3 tenant-at-will units, and one owner-occupied unit to be delivered vacant at closing, buyers will have the flexibility to owner-occupy or reposition the property to maximize income. Updates include a 7-year-old roof with new plywood, full ice and water shield, and 30-year architectural shingles. All hot water heaters are direct vent, including two approximately 6 months old, a 2-year-old smart heat pump water heater, and a 5-year-old direct-vent unit. The direct-vent gas furnaces have been professionally serviced annually. The entire left side of the property features 3-year-old double-pane replacement windows, while the opposite side also has double-pane windows. Hardwood flooring is found throughout most of the property, with the exception of one first-floor unit. Electrical service includes three 100-amp panels and one 200-amp panel. The property also has 2 separate driveways to make parking much easier. With tenant at will leases, 1 unit vacant at closing, this property offers an outstanding opportunity to build equity and maximize returns. Open house Sat 8/8 from 12-2!

Additional Details: Status: NEW; Type: Multi-Family, Quadruplex; Zip Code: 01830; Levels: 6
Parking: Garage Capacity: 7; Parking: Off Street,Paved; Parking Spaces: 7

Rooms and Dimensions: Total Units: 4; Total Floors: 6; Total Rooms: 20

$1,100,000

Status: New
Listing ID: 73559639
Bedrooms: 8
Full Baths: 4
Living Area: 3,900 sqft 362 m² Convert
Lot Size: 4,870 sqft 452 m² Convert
Acres: 0.11
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Luxury Residential Group

(617) 233-5800

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