38
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$1,100,000
Est. payment /mo
8 Beds
4 Baths
3,900 SqFt
Pending
38-40 9th Ave Haverhill, MA 01830
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Key Details
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Pending
Purchase Type For Sale
Square Footage 3,900 sqft
Price per Sqft $282
MLS Listing ID 73559639
Bedrooms 8
Full Baths 4
Year Built 1900
Annual Tax Amount $6,397
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 4 Family - 4 Units Up/Down
Property Description
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!
Location
State MA
County Essex
Zoning MF
Direction Main Street to 9th Ave
Interior
Interior Features Living Room, Kitchen, Dining Room, Living RM/Dining RM Combo
Heating Forced Air
Appliance Range, Refrigerator
Exterior
Community Features Public Transportation, Shopping, Highway Access
Total Parking Spaces 7
Garage No
Building
Lot Description Corner Lot
Story 6
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Realty ONE Group Nest
NEARBY SCHOOL & BUSINESS
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