17 Vine, Haverhill, MA 01830

• 9 beds |
• 9 baths |
• 4,107 sqft

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

Interior

• General: Living RM/Dining RM Combo
• Basement: FullInterior EntryDirt Floor
• A/C: Window Unit(s)
• Heating: Electric
• Fireplace: Fireplaces: 0

Exterior

• Parking: Off Street

Construction

• Roofing: Shingle
• General: Frame4Stone

Location

• Road/Access: Public
• Originating MLS: MLS Property Information Network
• County: Essex

Lot

• Zoning: MF 5+1921517

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network

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