$1,250,000
17 Vine
Haverhill, MA, 01830
pleased to present the Vine Street Apartments for sale, located at 17 Vine St in Haverhill, MA. This 9-unit apartment building consists of (5) one-bedroom apartments and (4) studio apartments. All of the units are in excellent shape, and more than half of the units have been upgraded to a more modern standard. All of the tenants are responsible for paying for electricity, which includes the heat. All units are on electric baseboard heat, paid for by the tenants. Investors have the opportunity to add value by raising rents to market rate, upgrading existing apartments to modern finishes, and adding additional parking spaces in the rear of the property. All interested parties will have the opportunity to obtain additional information upon request. Reach out to listing broker for offering memo. 7.31% cap rate, 9.12% pro forma cap rate. 7.70% going in cash on cash return with 15%+ cash on cash return once pro forma is achieved.
Property Details
Price:
$1,250,000
MLS #:
73449544
Status:
Pending
Beds:
9
Baths:
9
Address:
17 Vine
Type:
Multi Family
Subtype:
5-9 Family
City:
Haverhill
Listed Date:
Oct 30, 2025
State:
MA
Finished Sq Ft:
4,107
Total Sq Ft:
4,107
ZIP:
01830
Lot Size:
8,002 sqft / 0.18 acres (approx)
Year Built:
1900
Units:
9
Schools
Interior
Bathrooms
9 Full Bathrooms
Cooling
Window Unit(s)
Heating
Electric
Exterior
Community Features
Public Transportation, Shopping, Highway Access
Construction Materials
Frame
Parking Features
Off Street
Parking Spots
3
Roof
Shingle
Financial
Tax Year
2025
Taxes
$9,459
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Marcus & Millichap Real Estate Investment Services. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
17 Vine
Haverhill, MA
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