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
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