$1,250,000

17 Vine, Haverhill, MA 01830

  • 9 beds |
  • 9 baths |
  • 4,107 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon7,841sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

pleased to present the Vine Street Apartments for sale, located at 17 Vine St in Haverhill, MA. This 9-unit apartment building consists of (5) one-bedroom apartments and (4) studio apartments. All of the units are in excellent shape, and more than half of the units have been upgraded to a more modern standard. All of the tenants are responsible for paying for electricity, which includes the heat. All units are on electric baseboard heat, paid for by the tenants. Investors have the opportunity to add value by raising rents to market rate, upgrading existing apartments to modern finishes, and adding additional parking spaces in the rear of the property. All interested parties will have the opportunity to obtain additional information upon request. Reach out to listing broker for offering memo. 7.31% cap rate, 9.12% pro forma cap rate. 7.70% going in cash on cash return with 15%+ cash on cash return once pro forma is achieved.

Listing Status:
Pending
Date Added:
October 30, 2025 at 05:00AM
Listing Office:
New England Realty Advisors LLC : 781-334-8044
Listing Agent:
Bradford Carlson : 781-334-8044
MLS ID:
73449544
  • General: Living RM/Dining RM Combo
  • Basement: FullInterior EntryDirt Floor
  • A/C: Window Unit(s)
  • Heating: Electric
  • Fireplace: Fireplaces: 0
  • Parking: Off Street
  • Roofing: Shingle
  • General: Frame4Stone
  • Road/Access: Public
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: MF 5+1921517
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Bradford Carlson, New England Realty Advisors LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Tilton Upper Middle School

415 Primrose St, Haverhill, MA, 01830

Grades 4-5

0.78 miles away

G

Greenleaf Academy

58 Chadwick St, Haverhill, MA, 01835

Grades 6-12

0.65 miles away

G

Greenleaf Academy

58 Chadwick St, Haverhill, MA, 01835

Grades 6-12

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.