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85-87 Summer

Haverhill, MA 01830
  • $1,700,000
  • STATUS: Active
  • MLS #: 73488257
UPDATED: 75 min ago
$1,700,000
  • 9
    BEDS
  • 0.24
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 7,221
    SQFT
  • $235
    $/SQFT
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Listing courtesy of Bradford Carlson of New England Realty Advisors LLC.

Description

Presenting the Summer Street Apartments for sale, located in Haverhill, MA. This 8-unit multifamily property consists of (7) one-bedroom units and (1) two-bedroom unit. The property is conveniently located close to downtown Haverhill and within 1.5 miles of both MBTA commuter rail stations. The building has a brand new parking lot, which was completed in 2023 with a total of 8 off-street parking spots. Six out of the eight units have been renovated with modern finishes and hardwood floors throughout each apartment. Tenants pay their own utilities while the landlord is only responsible for water & sewer expenses. There is a value-add opportunity through renovating the remaining two apartments and raising current rents to market rate. This turnkey asset is a great addition to any investor's real estate portfolio and offers high cash on-cash returns on day 1.

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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. Data last updated 2026-04-10T18:04:58.113.
www.c21revolution.com/homes/174209056
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85-87 Summer Haverhill, MA 01830

  • Price: $1,700,000
  • Status: Active
  • On Site: Days
  • Updated: 75 min ago
  • MLS #: 73488257
9
Beds
8
Baths
0
½ Baths
0.24
Acres
7,221
SQFT
$235
$/SQFT
1900
Built
County:
Essex
Property Description
Presenting the Summer Street Apartments for sale, located in Haverhill, MA. This 8-unit multifamily property consists of (7) one-bedroom units and (1) two-bedroom unit. The property is conveniently located close to downtown Haverhill and within 1.5 miles of both MBTA commuter rail stations. The building has a brand new parking lot, which was completed in 2023 with a total of 8 off-street parking spots. Six out of the eight units have been renovated with modern finishes and hardwood floors throughout each apartment. Tenants pay their own utilities while the landlord is only responsible for water & sewer expenses. There is a value-add opportunity through renovating the remaining two apartments and raising current rents to market rate. This turnkey asset is a great addition to any investor's real estate portfolio and offers high cash on-cash returns on day 1.
Exterior Features

Construction Materials Frame Covered Spaces 0 Garage YN No Levels 5 Lot Features Corner LotLevel Open Parking YN Yes Parking Features Paved DriveOff Street Parking Total 8 Patio And Porch Features PorchDeck Road Frontage Type Public Roof ShingleRubber Spa YN No Waterfront YN No

Interior Features

Basement FullWalk-Out Access Building Area Total 7221 Fireplace YN No Fireplaces Total 0 Foundation Details Stone Heat Units 8 Lead Paint Unknown Rooms Total 37

Property Features

Community Features Public Transportation Electric Expense 525 Gross Income 173904 Home Warranty YN No Insurance Expense 6843 Net Operating Income 127689 Operating Expense 40759 Property Sub Type 5-9 Family Senior Community YN No Sewer Public Sewer Tax Annual Amount 10119 Tax Year 2025 Total Actual Rent 14492 Water Sewer Expense 3454 Water Source Public Year Built Details Approximate Zoning RU

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Bradford Carlson of New England Realty Advisors LLC: 781-334-8044.


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. Data last updated 2026-04-10T18:04:58.113.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Bradford Carlson of New England Realty Advisors LLC.