Updated Dec 21, 2023
Horvath & Tremblay Brokers Sale Of Multifamily Property In Haverhill, MA For $2,675,000
25 Portland Street, Haverhill, Massachusetts 01830, United States
$2,675,000
Units
18
Asset Type
MultiFamily
Closing
Sep 15, 2022
About this deal
AI
A multifamily property located at 25 Portland St in Haverhill, MA has recently been sold for $2,675,000. The property consists of 18 units, resulting in a price per unit of $148,611.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,675,000
- Units: 18
- Price Per Unit: $148,611
- Broker: Spencer Norton - Horvath & Tremblay
Spencer Norton from Horvath & Tremblay represented the parties involved in this transaction.
The multifamily sale at 25 Portland Street, Haverhill, Massachusetts 01830, United States in Haverhill, Massachusetts sold for $2.7M in 2022. Reported inventory is 18 units across 18 units. Spencer Norton, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Haverhill, Massachusetts file for the 25 Portland Street, Haverhill, Massachusetts 01830, United States multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Haverhill sit in the Market section below. Filter that Haverhill multifamily set by closing date to see what else sold near 25 Portland Street, Haverhill, Massachusetts 01830, United States around 2022. Published consideration for 25 Portland Street, Haverhill, Massachusetts 01830, United States is $2.7M, dated 2022. Cite this Horvath & Tremblay Brokers Sale Of Multifamily Property In Haverhill, MA For $2,675,000 sale when underwriting similar multifamily product around Haverhill, Massachusetts.
Haverhill MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.93%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93