$1,425,000
SOLD JUN 24, 2025
13 Beds
10 Baths
6,313 Sq Ft
3,786 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

5% Below List Price

15 Days on Market

Highlights

  • Property is near public transit
  • Baseboard Heating
  • 1 Car Garage
  • Corner Lot

About This Home

As of June 2025

New England Realty Advisors LLC is pleased to present the Grand Ave Apartments for sale in Haverhill, MA. This property consists of (10) multifamily units with studio, one-bedroom, two-bedroom, and three-bedroom floor plans. The current rents are 15% below market creating a value-add opportunity for investors to raise rents without major capital improvements. Half of the units have been renovated with updated kitchens and bathrooms. Three out of the four studio apartments have bathrooms designated for each unit located in the hallway. The property is only 0.4 miles from downtown Haverhill and the MBTA station. All hallways and common areas have been upgraded to a modern look; the new heating system was installed in February of 2025. All interested parties will have the opportunity to obtain additional information upon request.

Last Agent to Sell the Property

Brad Carlson

New England Realty Advisors LLC Listed on: 03/07/2025

Last Buyer's Agent

Brad Carlson

New England Realty Advisors LLC Listed on: 03/07/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,518

Year Built

  • Built in 1900

Lot Details

  • 3,786 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • 6,313 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Full Bathrooms

Additional Features

  • Bulkhead
  • Property is near public transit
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $13,790
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(heat water hot water)
  • Assessor Parcel Number 1922118

Community Details

Overview

  • 10 Units
  • Property has 1 Level

Building Details

  • Electric Expense $600
  • Insurance Expense $8,098
  • Water Sewer Expense $5,900
  • Operating Expense $54,164
  • Net Operating Income $107,346

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,518

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Levels: 5
  • Buyer Agency: 1.5
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 13
  • Full Bathrooms: 10
  • Total Bathrooms: 10
  • Total Bathrooms: 10
  • Basement: Bulkhead
  • Above Grade Finished Sq Ft: 6313
  • Living Area: 6313
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN8612
  • LIST PRICE PER Sq Ft: 237.6
  • PRICE PER Sq Ft: 225.72
  • MAIN SO: AN8612

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Heat,Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 5900

Lot Info

  • Parcel Number: 1922118
  • Zoning: MF
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3786
  • Lot Size Units: Acres
  • PAGE: 0303

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 10518
  • Tax Book Number: 00062

Multi Family

  • Electric Expense: 600
  • Gross Income: 168240
  • Insurance Expense: 8098
  • Net Operating Income: 107346
  • Number Of Units Total: 10
  • Operating Expense: 54164
  • Total Actual Rent: 13790
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Sold $1,425,000 -5.0% $226 / Sq Ft
03/22/2025 03/22/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $1,500,000 +86.1% $238 / Sq Ft
01/02/2019 01/02/19 Sold $806,000 +4.7% $128 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $769,900 -- $122 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73342697

MLS Property Information Network (MLS PIN)