74 Pecker St, Haverhill, MA 01830

24 Unit Apartment Building | $3,600,000 ($150,000/Unit) | Haverhill, MA 01830

Asking Price $3,600,000

Property Type
Multifamily
Square Feet
17,451 SF

Listing Contacts

Patrick Hermans
Jack Mantville

Property Overview

JBRE Commercial is proud to present this 24-unit building located in the heart of Haverhill at 74 Pecker St & 139 How St. The property consists of twenty-three 1-bed units and one studio unit. For more than 20 years this building has provided a comfortable, clean and quiet environment that has proven to be highly desirable to tenants and the owners. The building is perfectly nestled within walking distance from shopping centers, bus stops, the commuter line and more.
Various recent updates and renovations including, cosmetic renovations to the majority of the units in the building with paint, countertops, refinishing the hardwood flooring and cabinets, installing new appliances, replacing windows, etc. This includes a recently installed heating system within the past seven years, boasting separate shut-off valves and temperature readings for each unit in the building. Electric is separately metered and paid directly by the tenants. In the basement there is coin-op laundry with a large folding area, an owner's office for building management and ample amounts of storage space. Currently, the on-site property manager runs the day-to-day aspects of the building and has good rapport with the tenants, along with a wait list for future vacancies. Ample amenities, great location and under market rent would make this a great long-term hold for any type of investor.

Property Details

Class
C
Year Built
1915
Stories
3
Lot Size (sq. ft)
871 SF
Units
24

Highlights

  • Well maintained building
  • Clean and quiet common areas
  • Within walking distance of commuter rail
  • Easy access to multiple types of public transportation
  • On-site property manager
  • Management office space

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