facebook
Traded Co logo
Submit
Daily limit: 0/10

Tracey Hutchinson & Prescott White Facilitate $1.484M Multifamily Sale In Haverhill, MA

Property Image
SOLD
$1,484,000

Massachusetts

See Similar Deals
MultiFamily11,000 SF
Sold 04/24/2024
the dealplayerscompscontact
Property Image
SOLD

Tracey Hutchinson & Prescott White Facilitate $1.484M Multifamily Sale In Haverhill, MA

629 River Street & 635 River Street

See Similar Deals
MultiFamily11,000 SF
Sold 04/24/2024
Contact now

Summary

MASSACHUSETTS
Asset Type:MultiFamily
Price Per Square Foot:$134
Total Square Footage:11,000 SF
Transaction Type:Sale

629-635 River St in Haverhill, MA, sold for $1.484 million. This multifamily property consists of 5 units spanning 5,500 square feet, equating to a price per unit of $296,800 and a price per square foot of $270.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,484,000
  • Units: 5
  • Price per Unit: $296,800
  • Square Footage: 5,500
  • Price per Square Foot: $270
  • Address: 629-635 River Street, Haverhill, MA
  • Market: Haverhill, MA

Tracey Hutchinson of Churchill Properties represented the buyer in this transaction, while Prescott White ofCommonwealth Properties Residential represented the seller.

Players

Tracey Hutchinson
2 deals$3M volume(978) 473-9720
BROKER

Prescott White
 Commonwealth Properties Residential
1 deal$1.5M volume(617) 830-2624
BROKER

Details

SOLD
IMAGE: Tracey Hutchinson & Prescott White DATE: 04/24/2024 ADDRESS: 629-635 River Street MARKET: Haverhill, MA ASSET TYPE: Multifamily BUYER'S REP: Tracey Hutchinson (@RealtorTraceyHutchinson) - Churchill Properties (@ChurchillProperties) SELLER'S REP: Prescott White - Commonwealth Properties Residential SALE PRICE: $1,484,000 UNITS: 5 ~ PPU: $296,800 SF: 5,500 ~ PPSF: $270 NOTE: 629-635 River St in Haverhill, MA, sold for $1.484 million, offering a huge legal DELEADED and stabilized 5-unit multi-family generating approximately $13,000 in monthly rent.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$79,146.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,272.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,034.92
Annual Debt Service$84,419.01