Property summary
Exceptional investment opportunity in Haverhill, MA, featuring a three-building portfolio encompassing both multifamily and office space. This property, situated on a 0.55-acre lot at 355 and 359 Main Street, boasts a total of 18,400 square feet and comprises 12 residential units (a mix of two-bedroom and three-to-six-bedroom units) and 10 office units. The buildings, constructed between 1900 and 1960, underwent renovations in 2018. The property currently enjoys 75% occupancy, with a projected full occupancy date of November 13, 2024. The property features 20 parking spaces and is zoned for commercial central use. Each residential unit is individually metered for utilities. The office building includes units on both the first and second floors. This Class C property is offered at $1,900,000 ($103.26/sq ft) and presents a compelling opportunity for investors seeking a diversified portfolio in a desirable location. The property is conveniently located on Route 125, near City Hall and downtown Haverhill. Financial details are available upon request and execution of a Non-Disclosure Agreement.
Property profile
VerifiedCap rate & NOI
Current use
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Counselor Psychotherapist
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Insurance Agency
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Insurance Agency
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Law Firm
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Real Estate Agency
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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