34 Grand Ave Haverhill, MA 01830
Value-add multifamily property near downtown Haverhill and MBTA station.
Property size:
6,313 SFProperty Features for 34 Grand Ave
General Information
- Size
- 6,313 SF
Building Details
- Year built
- 1900
Source:
Nerealtyadvisors
Listing Agent: Brad Carlson
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Haverhill Multifamily Investment Opportunity
The Grand Ave Apartments in Haverhill, MA, offer a multifamily investment opportunity. The property includes 10 units with studio, one-bedroom, two-bedroom, and three-bedroom floor plans. Current rents are 15% below market, presenting a value-add opportunity for investors to increase rents without significant capital improvements. Half of the units have been renovated with updated kitchens and bathrooms. Units 2, 4, 6 & 7 have bathrooms designated for each unit located in the hallway. The property is 0.4 miles from downtown Haverhill and the MBTA station. All hallways and common areas have been upgraded to a modern look. A new heating system was installed in February of 2025. The property provides coinless laundry income. Haverhill is located in Essex County along the Merrimack River, approximately 35 miles north of Boston and near the New Hampshire border. The city offers a mix of urban and suburban characteristics, a revitalizing downtown area, historical landmarks, and recreational opportunities along the river and in parks like Winnekenni Park. The property size is 6,313 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Haverhill
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0837376
- Latitude
- 42.7768128
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FAQs
What type of property is this?
Apartment building - Value-add multifamily property near downtown Haverhill and MBTA station.
Where is this apartment building located?
The property is located at 34 Grand Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: - Value-add opportunity: Rents are 15% below market, allowing for increased rental income.; - Convenient location: Only 0.4 miles from downtown Haverhill and the MBTA station, providing easy access to transportation and amenities.; - Updated common areas: Hallways and common areas have been upgraded to a modern look.