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PENDING
103 Cedar Street, Haverhill, MA 01830
16
beds
7
baths
6500
ft2
· 6512
ft2 lot
$1,350,000
$208 / ft2
Listing provided courtesy of Jessica Donahue, LAER Realty Partners.
Source MLS PIN.
**EXCELLENT INCOME PRODUCING PROPERTY** Legally Re-Zoned & Renovated 7 Unit Multi-Family. This Property Offers Two 3 Bedroom Units and Five 2 Bedroom Units ALL Utilities Separately Metered. Net Operating Income is $107,000. Cap Rate of 12% Potential to Maximize Revenue with Rents Below Market Value. Operating Expenses (Including Taxes, Water, Electric & Insurance) $14,000 Great ROI for a 1031 Exchange. Tenants Responsible for Heat, Hot Water and Electric. 4/7 Units Renovated from Studs Out. Architectural Drawings Remain for 3 units to Convert into 3 Bedrooms. All Units Occupied, Tenants at Will. On/Off Street Parking and Private Driveway. All Newly Installed Sprinkler System, Hardwired Fire Detectors, Security Surveillance System, Vinyl Siding, Windows, Doors and Decks (Roof 2011) Convenient Location to Downtown, Commuter Rail, Shops, Restaurants & Highway.
HOA
$—/month
On market
1 month
Year built
1870
Property type
5 9 Family
Parking
10
MLS
72792518
Price / Sq.Ft.
$208 / ft2
Status
Under Agreement
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Based on a price of $1,350,000
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Property Details
Interior Features & Layout
Additional Rooms
Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen, Living Room, Kitchen
Heating Description Unit4
Gas
Heating Units
7
Hot Water
Natural Gas
Heating Description Unit 1
Gas
Utility Description
Water, Water, Water, Water
Total Levels
3, 7, 7
Unit 4 Floor Level
1
Total Levels Unit 1
2, 1
Energy Details
Insulated Windows, Prog. Thermostat
Unit 4 Appliances
Range, Countertop Range, Refrigerator - ENERGY STAR, Vent Hood
Interior Features
Security System, Cable TV Available, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Open Floor Plan, Remodeled, Cable TV Available, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Open Floor Plan, Remodeled, Cable TV Available, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Open Floor Plan, Remodeled, Cable TV Available, Tile Floor, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Open Floor Plan, Remodeled
Total Levels Unit 2
2, 1
Total Beds
16
Unit 3 Appliances
Range, Countertop Range, Refrigerator - ENERGY STAR
Total Levels Unit 3
1, 1
Unit 2 Appliances
Range, Microwave, Countertop Range, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Vent Hood
Total Levels Unit 4
3
Unit 1 Appliances
Range, Microwave, Countertop Range, Refrigerator - ENERGY STAR, Dishwasher - ENERGY STAR, Vent Hood
Full Baths
7, 7
Flooring
Tile, Hardwood
Unit 4 Full Baths
1
Unit 3 Full Baths
1
Unit 4 Beds
2
Total Rooms Unit 1
5
Unit 2 Full Baths
1
Total Rooms Unit 2
5
Unit 1 Full Baths
1
Unit 3 Beds
2
Total Rooms Unit 3
4
Unit 2 Beds
3
Heating Zones
7
Total Rooms Unit 4
4
Unit 1 Beds
3
Total Rooms
22, 30, 22
Heating Description Unit2
Gas
Heating Description Unit3
Gas
Property, Lot, Community & Exterior Features
Total Units In Complex
7
Color
Blue
Property Type
5-9 Family
Area Amenities
Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University
Zoning
Resident
Mls Prop Type
5-9 Family
Building Exterior Details
Vinyl, Deck - Wood, Sprinkler System
Foundation Size
IRR
Lot Description
Corner, Paved Drive
Sqft Source
Other
Basement
Basement
Basement Details
Partial, Walk Out, Concrete Floor
Foundation
Brick
Roof
Asphalt/Fiberglass Shingles
Year Built Description
Actual
Mls Property Type
Multi-family
Lead Paint
Unknown
Parking Descriptions
Off-Street, On Street Permit, Paved Driveway
Acres
0.15
Year Built Source
Public Record
Construction Materials
Frame
Utilities & Other Information
Water Source
City/Town Water
Utilities
for Gas Range
Sewer
City/Town Sewer
Listing Details, Costs & Financing Information
Offline Listing Number
3204752
Gross Revenue
14000
Finances Source
Owner Provided
Gross Income
120000
Net Operating Income
106000
Monthly Rent Unit 1
1700
Monthly Rent Unit 2
1650
Monthly Rent Unit 3
1500
Monthly Rent Unit 4
1500
Apod Available
Apod Available
Tax Year
2019
Certificate Number
180305001780
Status
Under Agreement
Total Rent
10000
Assessed Value
537000.00
Selling Agent
CN219183
Taxes
7491.15
Apn
M:0611 B:00495 L:21
School Neighborhood & Directions
Street Number
103
Elementary School
Pentucket Lake
Map Book
36567
High School
Haverhill High
Map Page
48
Directions
Corner of Cedar & 7th Ave
Road Type
Public, Paved, Publicly Maint., Sidewalk
Zip Code +4
3931
Middle School
Whittier Middle
Other
Price Per Sqft
207.69
List Price Per Sqft
207.69
Cdom Property
42
Cdom Broker
42
Cdom
42
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: Apr 15, 2021 9:40am
Neighborhood snapshot
8
Properties for sale
18
Median days on market
$215.39
Median sold price/sqft
103.88%
Sold/List %
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Property History
03/31/2021
03/31/2021
MLS PIN #72792518
pending
MLS PIN #72792518
$1,350,000
03/03/2021
03/03/2021
MLS PIN #72792518
active
MLS PIN #72792518
$1,350,000
--6.90%
09/19/2019
09/19/2019
MLS PIN #72519409
cancelled
MLS PIN #72519409
$1,450,000
07/01/2019
07/01/2019
MLS PIN #72519409
pending
MLS PIN #72519409
$1,450,000
06/15/2019
06/15/2019
MLS PIN #72519409
active
MLS PIN #72519409
$1,450,000
+108.63%
See more property history
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