99-103 Cedar Street
99-103 Cedar Street
$1,300,000
16
7
6,500
6,500
$200
Sold 7/2/21
Description
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...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.
- Listed by Jessica Donahue • LAER Realty Partners
Property Details for 99-103 Cedar Street
Town
Haverhill
AreaMA-Haverhill
Garage Spaces0
Parking Spaces10.00
Parking Spaces Total10
Location
LISTING UPDATED: 08/06/2022 07:41 AM
Property Details for 99-103 Cedar Street
Status | Sold |
---|---|
MLS # | 72844013 |
Days on Market | 1 |
Taxes | $7,491 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 5-9 Family |
Year Built | 1870 |
County | Essex County |
Location
Building Information for 99-103 Cedar Street
Stories4Residences7Year Built1870Building Size-Lot Size0.15 AC / 6,512 SF
Payment Calculator
$7,719 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 99-103 Cedar Street
Property History for 99-103 Cedar Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 99-103 Cedar 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 - | 1 to 12 |
Rating | School | Distance |
---|---|---|
Pentucket Lake Elementary School PublicK to 4 | ||
Whittier Middle School Public5 to 8 | ||
Haverhill High School Public9 to 12 | ||
Teach Public1 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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