Current Use by Public Records
- Vincent Thomas A / Psychotherapist / Counselor
- Cowan Insurance Agency / Insurance Agency
- Sams Insurance Agency / Insurance Agency
- Maria Murber Law Offices / Law Firm
- Mc Keon Corcoran Real Estate / Real Estate Agency
Property Details for 359 Main St
- Year built
- 1900
- Lot size
- 0.55 lot acres
- Property type
- Office Spaces
- Property subtype
- Apartment buildings
Description
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.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Haverhill
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0776
- Latitude
- 42.7832
