38 9th Ave

Haverhill MA 01830

3900 sq. ft.

4870 sq. ft.

Other

Currently for sale - view listing

Overview

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!

Features

8 bedrooms

4 bathrooms

7 carspaces

7 open car spaces

3900 sq. ft. floor area

4870 sq. ft. lot size

Other

Property history for 38 9th Ave

2017

Sold

$330,000

15 May 2017 by Edward Mahoney, of RE/MAX Main St. Associates

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