372 Salem St Haverhill MA 01835 MLS #73271268

372 Salem St
Haverhill, MA, 01835
$749,900
7 Beds
3 Baths
2,880 SqFt
0.16 Acres
$749,900
372 Salem St
Haverhill, MA, 01835
Introducing a rare investment opportunity in a prime Bradford location close to the Groveland line! This 3-family house offers immense potential with existing below-market rents, and a 2 bedroom unit currently vacant, providing an opportunity for immediate value enhancement. Nestled next to a picturesque farm, the property benefits from a serene and unobstructed view of the farms landscape. This corner lot provides parking on both sides of the house off street and on, making parking easy for the tenants. The roof is 12 years old, the heating system is 12 yrs old, and a Navien system produces HW. The two units upstairs are both 2 beds and 1 bath, while the bottom floor is 3 beds and 1 bath with in unit laundry. The rents are as follows: The 3 bed unit on the 1st floor is rented at $2100/mo. and is a tenant at will. On the 2nd floor there are two, 2 bed units. One is vacant and the other has a lease until Aug of 2025 at $1800/mo.

Property Details

Price:
$749,900
MLS #:
73271268
Status:
Pending
Beds:
7
Baths:
3
Address:
372 Salem St
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Bradford
City:
Haverhill
Listed Date:
Jul 30, 2024
State:
MA
Finished Sq Ft:
2,880
Total Sq Ft:
2,880
ZIP:
01835
Lot Size:
6,878 sqft / 0.16 acres (approx)
Year Built:
1830
Units:
3

Schools

Elementary School:
Bradford Elemnt
Middle School:
Hunking
High School:
Haverhill High

Interior

Bathrooms
3 Full Bathrooms
Flooring
Tile, Vinyl, Hardwood
Heating
Natural Gas

Exterior

Community Features
Shopping, Park, Walk/ Jog Trails, Golf, Public School
Parking Features
Off Street, Paved
Parking Spots
8

Financial

Net Operating Income
$47,400
Tax Year
2024
Taxes
$6,055
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

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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