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16 beacon st haverhill, MA 01832
Listing 72285768
  • Beds 11
  • Baths 5
  • sqft 6,055
$695,600
  • Status Sold
  • Property Type Multi-family
  • Sold Date May 09 2018

About This Property

**EXCELLENT INCOME OPPORTUNITY** - Gross Rents $87,456/year. Operating Expenses @ $16k per year (includes taxes) - Beautiful brick 6 Unit building consisting of 4 -(2 Bed units) and 2 -(3 Bed units) total 14 Bedrooms. Located just a few blocks away (.2 miles ~ 4 min walk/stroll) from downtown Haverhill, MBTA Commuter Rail, restaurants, & shops. Easy access to highways just 1.4 miles drive to Route 495. Off-street parking for 8+ cars. Seperate utilities. One furnace replaced in 2016. Mansard roof was replaced in 2017. Located across street from Walter Wysocki park. Property sits perfectly on a corner lot between Beacon Street and Central Street. With some TLC this property could be restored to its original charm and would make a great buy and hold and eventually condo convert project. Improve the overall condition of the building and raise rents for maximum rents.

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