Blog :: 02-2021

LUX Realty North Shore Blog....Check out our handy Tips for Home Buyers and Sellers, Home Improvement & DIY projects, LUX Realty Press Releases, Real Estate News, and local North Shore events!

SOLD by Nell Johanson- 2-4 Albion Street, Amesbury- $269,000

SOLD by Nell Johanson of the Pizzo Johanson Team- 2-4 Albion Street, Amesbury- $269,000- Nell helped her Buyer beat out the competition and purchase this solid 2-family investment property in Amesbury's Salisbury Point neighborhood!

North Shore Investment Properties FOR SALE

Amesbury Open Houses

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SOLD by Lynda D. Hemeon- 6 Prentiss Road, Eastern Point, Gloucester- $1,416,000

SOLD by Lynda D. Hemeon- 6 Prentiss Road, Eastern Point, Gloucester- $1,416,000- Lynda's savvy negotiation skills landed her Happy Buyer this contemporary home for just UNDER ASKING! Luxury real estate on the North Shore is booming. If you need help buying or selling, call/text (978.884.5710) Cape Ann's go-to luxury real estate expert and find your new view today!

Cape Ann Waterfront Properties For Sale

Gloucester Homes For Sale

Gloucester Open Houses

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SOLD by Betsy Woods- 17-19 Smith Street, Lynn- $1,000,000

SOLD by Betsy Woods- 17-19 Smith Street, Lynn- $1,000,000- Betsy helped her Buyers purchase this 4-family investment property in Lynn for under asking! Call/text 978-578-2565 for expert assistance buying or selling on The North Shore and get moving today!

Well managed clean 4-family fully occupied. All 4 units have de lead compliance letters. Strong rental history with very little turnover. All 4 units are 3 beds/1 bath. All 4 units in the building are separately metered for heat, hot water, and electricity, all paid for by the tenants. Recently renovated units with hardwood floors throughout. Great turn-key opportunity for Investors. Close to everything you would need and easy to get to. Gross annual rental income of $94,800.00 per year with a NOI of over $76,000.00!

Lynn Multi-Family & Investment Properties For Sale

Lynn Open Houses

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JUST LISTED by Stephen Martin- 294 Washington Street, Haverhill- $462,500

JUST LISTED by Stephen Martin- 294 Washington Street, Haverhill- $462,500- **EXCELLENT INVESTMENT ** Great opportunity to live in one unit & rent out the others. Have the tenants buy down your mortgage while living rent-free. Ideal owner-occupied property for a first-time buyer. The property also makes sense for an investor that wants to add to their buy & hold portfolio & rent out all units long term. Rents are below market. Low operating expenses. All utilities are separate & paid by tenants. Nice corner lot. Just a short distance to downtown Haverhill's restaurants, shops, bars, cafes & commuter rail. Per the seller the current rent-roll $42,600, current expenses $11,500; NOI $32,000. Per the seller. New flooring all 3 units, Shower re-finished, new vanity. Added in-unit laundry. Replaced 3 HW tanks, boiler for the 2-bed unit, Upgraded zone controller, and had boiler re-built. Replaced all kitchen windows in units 1 and 2 and living room window in unit 1. New vanity, faucet, toilet in 4-bed unit. New shingles on mansard portions of the roof. Re-built both decks

Haverhill, MA Multi-Family Properties For Sale

Haverhill, MA Open Houses

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JUST LISTED by Pat Fenton- 16 Lakeview Avenue, Beverly- $399,000

JUST LISTED by Pat Fenton- 16 Lakeview Avenue, North Beverly- $399,000- A great opportunity to live in North Beverly with views of Wenham lake. This wonderful fixer-upper, lovingly lived in by the same couple for over 45 years, is now ready for someone else to put their own stamp on it. A little Tender, Loving, Care will make it shine once more. Set on a corner lot, this great home allows for easy access to major commuter routes, train to Boston, shopping, and dining.

Beverly Homes For Sale

Beverly Open Houses

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JUST LISTED by Team Cotraro- 492 Cabot Street, North Beverly- $658,500

JUST LISTED by Team Cotraro- 492 Cabot Street, North Beverly- $658,500- Great opportunity to own this legal 3 unit mixed-use building located on a corner lot with high visibility and convenient location to highway, schools, commuter rail, parks, and all that Beverly has to offer. This 3 unit building consists of 2 commercial units on the first floor and a residential unit on the second floor. The building is zoned commercial per the Beverly code guidelines. There is 2950 sf of living space with the majority on the first floor. The two units could be converted to residential units as there is a flexible floor plan with multiple exits and entrance points. Each unit has a separate heating system and a separate electrical system. Each unit has an area in the basement for storage. There is approximately 9 car parking off-street along with a partially fenced-in area. The owner currently occupies one of the first-floor units and will need to remain in the building until July 1, 2021.

Beverly Investment Opportunities

Beverly Open Houses

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JUST LISTED by Stephen Martin- 99 Temple Street, Haverhill- $312,500

JUST LISTED by Stephen Martin- 99 Temple Street, Haverhill- $312,500- **EXCELLENT INVESTMENT OPPORTUNITY ** Great opportunity to live in one unit & rent out the other unit. Enjoy the perks of having a tenant pay down your mortgage while living rent-free. Ideal owner-occupied property for a first time savvy-buyer. The property also makes sense for a real estate investor that wants to add to their buy & hold portfolio and rent out both units long term. Both units are below market rents and are currently being rented by tenants from the non-profit Veterans Northeast Outreach Center. Low operating expenses. All utilities are separate. Nice corner lot. Great location near Passaqua Playground and just a short distance to downtown Haverhill's restaurants, shops, bars, cafes, and the commuter rail. Makes this an ideal opportunity. This property won't last long. Bring your buyers and make an offer. Upgrades per the seller: New rubber roof over 2nd-floor kitchen/bathroom area, New cabinets, granite countertops, stainless sink, faucet, appliances, flooring, hot water tank.

Haverhill, MA Multi-Family Properties For Sale

Haverhill, MA Open Houses

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