Property Description

The Nichols Street Apartments for sale located at 32 1/2 Nichols St in Haverhill, MA. This property consists of two buildings on the same lot, the first building is a 2,760 SF two family with (1) two bedroom unit and (1) four bedroom unit. The second building is a 2,925 SF three family with (3) two bedroom units. Both properties are separate from eachother and equipped with all seprate utilites including water & sewer. There is off street parking spots which can fit 4 vehicles and ample on street parking. Thereis opportunity to add value by potenitally subdividing these buildings from eachother as well as raising rents to market rate. All interested parties will have theopportunity to obtain additional information upon request. Current cap rate 8.15%, pro forma cap rate 9.30%. Showings scheduled Thursday June 4th from 4-6. Please call or email to make appointment.