86 Summer Street

Haverhill, MA 01830

$600,000
Last Sold Price
9
Beds
7
Baths
1
1/2 Bath
5,867 Sq. Ft.
$102 / Sq. Ft.
5,867
Sq. Ft.
$102
per Sq. Ft.

Description

BACK ON MARKET because buyer couldn't satisfy contingency provides great opportunity for the astute investor with this Regal Investment Property w/long term tenants, 2 commercial units on the 1st flr totaling $1950. per mo in rents w/6 more residential units totaling $4975. per mo. in rents. Mostly separate utilities & individual storage units. This Beauty has just completed a professionally detailed full exterior & trim re-paint along w/ a freshly done hallway repaint. Some units: marble fireplace...BACK ON MARKET because buyer couldn't satisfy contingency provides great opportunity for the astute investor with this Regal Investment Property w/long term tenants, 2 commercial units on the 1st flr totaling $1950. per mo in rents w/6 more residential units totaling $4975. per mo. in rents. Mostly separate utilities & individual storage units. This Beauty has just completed a professionally detailed full exterior & trim re-paint along w/ a freshly done hallway repaint. Some units: marble fireplace mantels & marble baths, crown moldings, tile floors, etc. Parking for 14 cars. Centrally located just 2 blocks away from the market, city hall, the library & public park. Elegant wrap-around veranda, beautiful vistas from atop the cupola apartment & the regal front entry foyer are very impressive. Historically significant, part of Underground Railroad. Some unit incomes may be under market given the demand factor allowing for a higher future yield. PLEASE NOTE: Gross expenses includes taxes.

Property Details for 86 Summer Street

Town
Haverhill
Area
MA-Haverhill
Garage Spaces
0
Parking Spaces
14.00
Parking Spaces Total
14
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LISTING UPDATED: 08/06/2022 06:34 AM

Property Details for 86 Summer Street

StatusSold
MLS #72087873
Days on Market199
Taxes$9,568 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1850
CountyEssex County
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Building Information for 86 Summer Street

Stories11Residences8Year Built1850Building Size-Lot Size0.50 AC / 21,960 SF

Payment Calculator

$4,072 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$797

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 86 Summer Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, House of Worship, Marina, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 5867.0
  • Color: Grey
  • Total Units: 8
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • High School: Haverhill High
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Full, Walk Out, Interior Access
  • Num of Baths: 8.0
  • Num of Full Baths: 7
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 7.50
  • Bathrooms Total Integer: 8
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Vinyl, Carpet, Marble
  • Interior Features: Other (See Remarks), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen, Other (See Remarks)), Unit 4 Rooms(Living Room
  • Interior Features: Other (See Remarks)
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot, Cleared
  • Patio And Porch Features: Porch
  • Roof Material: Slate, Tar/Gravel
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: Circuit Breakers
  • Sewage District: Havr
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Buyer to use due diligence in verifying all info. Fee paid on sales price less any seller concessions. Present Condos to be discontinued at sale & sold as a multi-unit building. Tax & Assessment is cumulative total of the individual condo taxes and assessments & could be lower after category change.
Tax Information
  • Tax ID: 4706921
  • Assessments: $622,900
  • Book: 9999
  • Tax Year: 2016
  • Zoning: Com/Res
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Stone, Brick/Mortar
Income / Expenses
  • Electricity: $900.00
  • Annual Expenses Source: Other (See Remarks)
  • GOI: $83,100.00
  • Gross Scheduled Income: $450.00
  • Insurance: $6,000.00
  • GRE: $24,818
  • MGF: $0
  • MSE: $1,500
  • RFS: $0
  • RME: $4,400
  • NOI: $58,282.00
  • Operating Expense: $24,818.00
  • WSE: $2,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 3
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,925.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0%
  • Other Agent Compensation: 2.0%

Property History for 86 Summer Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 86 Summer Street

Taxable ValueLand$178,100Additions$733,200Total$911,300
Home Facts
Total Finished SqFt6,203 SqFtAbove Grade Finished SqFt6,203 SqFtUnfinished Basement SqFt2,991 SqFtStories3Lot Size20,865 SqFtStyleOffice BuildingYear Built1850CountyESSEXAPNHAVE M:0203 B:00034 L:13

Schools near 86 Summer Street

This home is within Haverhill School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Golden Hill
PublicK to 4

Nettle Middle School
Public5 to 8

Haverhill High School
Public9 to 12

Greenleaf Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.