Luxury Real Estate Group Boston > Haverhill > 38-40 9th Ave

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

38-40 9th Ave

Haverhill, MA

Property Description

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!

offered at

$1,100,000

  • Status: New
  • Listing ID: 73559639
  • Bedrooms: 8
  • Full Baths: 4
  • Living Area: 3,900 sqft Convert
  • Lot Size: 4,870 sqft Convert
  • Acres: 0.11

Additional Details

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

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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