17 Vine St Haverhill, MA 01830

The Vine Street Apartments, located at 17 Vine St in Haverhill, MA, are available for sale. This 9-unit apartment building features five one-bedroom apartments and four studio apartments. The units are in excellent condition, with over half having been upgraded to a more modern standard. Tenants are responsible for paying for electricity, which includes heat, as all units have electric baseboard heat. The property includes an on-site coinless laundry facility and off-street parking for three cars, with the ability to expand off-street parking. Investors have the opportunity to add value by raising rents to market rate, upgrading existing apartments to modern finishes, and adding additional parking spaces in the rear of the property. Haverhill is located in northeastern Essex County along the Merrimack River, near the New Hampshire border, approximately 35 miles north of Boston. The city has diversified its economy with a focus on technology and research industries, and its urban core features a revitalized downtown arts and restaurant district. Haverhill is attractive to commuters due to its access to Boston via two MBTA Commuter Rail stations and its proximity to tax-free shopping in New Hampshire. The property size is 4107 square feet.