32 Summer St, Haverhill, MA 01830-5810
This exceptional Haverhill, MA commercial property, located at 32 Summer Street, presents a unique investment opportunity. The iconic Mark Lawrence Studio building sits on a 0.41-acre lot and offers a blend of lucrative office space and consistent rental income from three fully occupied one-bedroom apartments. Each apartment includes heat and hot water, contributing to a stable revenue stream. Tenant convenience is enhanced by a shared washer and dryer located on the second floor. The first floor comprises a well-designed office area, featuring a reception area, two spacious offices, a kitchen, and two half-bathrooms. Additional features include a dedicated darkroom, ample storage rooms, and a pleasant garden area. Off-street parking is available for up to ten vehicles, providing convenient access for both tenants and office occupants. The property also boasts an efficient irrigation system operating on a separate water meter, minimizing operational costs. This prime location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a combination of workspace and passive income generation. The property is priced at $699,900.
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Mark Lawrence Photographers Photography Service (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
TY · Haverhill, MAHaverhill. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.