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Haverhill Street Apartments 499 Haverhill St 9 Unit Apartment Building $1,785,382 CAD ($198,376 CAD/Unit) 7.48% Cap Rate Lawrence, MA 01841
INVESTMENT HIGHLIGHTS
- Nine-Unit Multifamily Property
- 18,295 SF Lot Size (0.42 Acres)
- Ample Off-Street Parking
- (6) Studio & (3) One Bedroom Floor Plans
- Value Add Opportunity Through Market Rents
- New Capital Improvements
EXECUTIVE SUMMARY
Northeast Private Client Group is pleased to present the Haverhill Street Multifamily property located at 499 Haverhill Street in Lawrence, MA.
This building, built in the 1920s with approximately 4,172 SF of living space, consists of six studios & three one-bedroom apartments. New owners could add value through interior renovations & market rents. The building sits on roughly 18,295 SF of land & has off-street parking.
All interested and qualified parties can tour the building and obtain additional information upon request.
This building, built in the 1920s with approximately 4,172 SF of living space, consists of six studios & three one-bedroom apartments. New owners could add value through interior renovations & market rents. The building sits on roughly 18,295 SF of land & has off-street parking.
All interested and qualified parties can tour the building and obtain additional information upon request.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,785,382 CAD | Building Class | C |
| Price Per Unit | $198,376 CAD | Lot Size | 0.42 AC |
| Sale Type | Investment | Building Size | 4,172 SF |
| Cap Rate | 7.48% | Average Occupancy | 95% |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1920 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R, Lawrence | ||
| Price | $1,785,382 CAD |
| Price Per Unit | $198,376 CAD |
| Sale Type | Investment |
| Cap Rate | 7.48% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 4,172 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1920 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | R, Lawrence |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | LAWR-000188-000000-000008 | Improvements Assessment | $992,249 CAD |
| Land Assessment | $342,851 CAD | Total Assessment | $1,335,100 CAD |
PROPERTY TAXES
Parcel Number
LAWR-000188-000000-000008
Land Assessment
$342,851 CAD
Improvements Assessment
$992,249 CAD
Total Assessment
$1,335,100 CAD
CONTACTS
-
Francis Saenz -
Drew Kirkland -
James Casey -
Patrick Wheeler -
Anthony Rakauskas -
Northeast Private Client Group
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Haverhill Street Apartments | 499 Haverhill St
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