32 Summer St Haverhill, MA 01830
- Investment properties
- 5,774 SF
- 0.41 lot acres
Current Use by Public Records
- Mark Lawrence Photographers / Photographer
Property Details for 32 Summer St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.41 lot acres
- Property size
- 5,774 SF
- Zone code
- TY
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- HAVE M:0202 B:00036 L:2
- APU
- HAVEM0202B00036L2
Description
This exceptional Haverhill, MA commercial property, located at 32 Summer Street, presents a unique investment opportunity. The iconic Mark Lawrence Studio building sits on a 0.41-acre lot and offers a blend of lucrative office space and consistent rental income from three fully occupied one-bedroom apartments. Each apartment includes heat and hot water, contributing to a stable revenue stream. Tenant convenience is enhanced by a shared washer and dryer located on the second floor. The first floor comprises a well-designed office area, featuring a reception area, two spacious offices, a kitchen, and two half-bathrooms. Additional features include a dedicated darkroom, ample storage rooms, and a pleasant garden area. Off-street parking is available for up to ten vehicles, providing convenient access for both tenants and office occupants. The property also boasts an efficient irrigation system operating on a separate water meter, minimizing operational costs. This prime location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a combination of workspace and passive income generation. The property is priced at $699,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Haverhill
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.0756
- Latitude
- 42.7781
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
