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85-87 Summer Street Haverhill, MA 1830

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For Sale
$1,700,000

Eight-unit multifamily property near downtown Haverhill and commuter rail.

Type:Multifamily
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Mar 26 at 11:12 pm

Property Features for 85-87 Summer Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1900

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Listing Contact
Brad Carlson
Brad Carlson

Listing agent Brad Carlson License #NH #085535

Listing office New England Realty Advisors LLC

Listing date Mar 6, 2026

Source Nerealtyadvisors

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of New England Realty Advisors LLC


Overview

Haverhill Multifamily Investment Opportunity

The Summer Street Apartments, located in Haverhill, MA, feature eight units, including seven one-bedroom units and one two-bedroom unit. The property is situated near downtown Haverhill, within 1.5 miles of two MBTA commuter rail stations. A new parking lot was completed in 2023, providing eight off-street parking spots. Six of the eight units have been renovated with modern finishes and hardwood floors. Tenants are responsible for their own utilities, while the landlord covers water and sewer expenses. There is a value-add opportunity through renovating the remaining two apartments and raising current rents to market rate. Additional income is generated from coin operated laundry. The property is located in Haverhill, a city in northeastern Essex County along the Merrimack River, near the New Hampshire border and approximately 35 miles north of Boston. Haverhill's economy has diversified to include technology and research industries, and its downtown area features an arts and restaurant district. The city offers a mix of urban, suburban, and rural areas and provides access to Boston via two MBTA Commuter Rail stations, as well as proximity to tax-free shopping in New Hampshire. Current rents are below market value.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Haverhill
County
Essex
State
Massachusetts
Longitude
-71.0732
Latitude
42.7774

FAQs

What type of property is this?
Apartment building - Eight-unit multifamily property near downtown Haverhill and commuter rail.
Where is this apartment building located?
The property is located at 85-87 Summer Street Haverhill, MA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: High cash‑on‑cash returns from day 1.; Convenient location: close to downtown Haverhill and within 1.5 miles of two MBTA commuter rail stations.; Six out of eight units are renovated with modern finishes and hardwood floors.
More about this property
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