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13 Nichols St

Haverhill, MA 01830
  • $899,000
  • STATUS: Under Agreement
  • MLS #: 73156529
Pending
$899,000
  • 11
    BEDS
  • 0.14
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,366
    SQFT
  • $206
    $/SQFT
Type:
Multi-Family
Built:
1850
County:

School Ratings & Info

Listing courtesy of Michael Wetherbee of Cameron Real Estate Group.

Description

1031 Exchangers and investors nestled within the heart of Haverhill, Massachusetts, this remarkable investment property presents a golden opportunity for astute investors seeking a lucrative venture in the realm of real estate. Welcome to 13-15 Nichols St, a well-maintained and strategically positioned property boasting six individual units, each offering a perfect blend of comfortable living and significant rental income potential. The property offers a diverse mix of units, ranging from one bedroom to spacious multi-bedroom apartments,. This versatility ensures a broad tenant pool and consistent occupancy rates. The current rental rates are positioned below market value, offering investors an immediate opportunity to enhance their revenue stream by adjusting rents to reflect the prevailing market rates. Don't miss the chance to secure your foothold in the Haverhill real estate landscape. Group Showing Monday 9/11 at 11 am and Thursday 9/14 at 11am

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-24T00:04:54.673.
www.brianflynnteam.com/homes/143157238
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13 Nichols St Haverhill, MA 01830

  • Price: $899,000
  • Status: Under Agreement
  • On Site: Days
  • MLS #: 73156529
11
Beds
6
Baths
0
½ Baths
0.14
Acres
4,366
SQFT
$206
$/SQFT
1850
Built
County:
Essex
Property Description
1031 Exchangers and investors nestled within the heart of Haverhill, Massachusetts, this remarkable investment property presents a golden opportunity for astute investors seeking a lucrative venture in the realm of real estate. Welcome to 13-15 Nichols St, a well-maintained and strategically positioned property boasting six individual units, each offering a perfect blend of comfortable living and significant rental income potential. The property offers a diverse mix of units, ranging from one bedroom to spacious multi-bedroom apartments,. This versatility ensures a broad tenant pool and consistent occupancy rates. The current rental rates are positioned below market value, offering investors an immediate opportunity to enhance their revenue stream by adjusting rents to reflect the prevailing market rates. Don't miss the chance to secure your foothold in the Haverhill real estate landscape. Group Showing Monday 9/11 at 11 am and Thursday 9/14 at 11am
Exterior Features

Construction Materials Frame Covered Spaces 0 Garage YN No Lot Features Level Parking Features Off Street Parking Total 8 Road Frontage Type Public Spa YN No Waterfront YN No

Interior Features

Appliances Unit 2(RangeRefrigerator)Unit 3(RangeRefrigerator)Unit 4(RangeRefrigerator) Basement Full Building Area Total 4366 Fireplace YN No Fireplaces Total 0 Foundation Details Concrete Perimeter Interior Features Unit 2 Rooms(Living RoomKitchen)Unit 3 Rooms(Living RoomKitchen)Unit 4 Rooms(Living RoomKitchen) Lead Paint None Rooms Total 24

Property Features

Buyer Agency Compensation 2 Community Features Public TransportationShoppingPublic School Contingency Pending P&S Disclosures Listing Agent Has Ownership interest in Property. Gross Income 91500 Home Warranty YN No Net Operating Income 63615 Operating Expense 27885 Property Sub Type 5-9 Family Rent Includes Unit 1(Water)Unit 2(Water)Unit 3(Water)Unit 4(Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 6339 Tax Year 2023 Total Actual Rent 7775 Transaction Broker Compensation 2 Water Source Public Year Built Details Actual Zoning Ru

Listing information © 2023 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Michael Wetherbee of Cameron Real Estate Group: 781-486-3180.


The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2023-09-24T00:04:54.673.
 
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Listing courtesy of Michael Wetherbee of Cameron Real Estate Group.