62 Wingate St - Apartments FOR SALE


Haverhill, MA 01832- Downtown Haverhill | 
$3,150,000 USD
857-990-6802
62 Wingate St, Haverhill, MA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/10
null | 6.89% Cap Rate

62 Wingate St
Haverhill, MA 01832
Downtown Haverhill


OVERVIEW

Northeast Private Client Group, Inc. is pleased to present 62 Wingate Street, a 13-unit mixed-use property in downtown Haverhill, Massachusetts, set within the Wingate Street arts district on the north bank of the Merrimack River — a short walk from the city’s MBTA Haverhill Line and Amtrak Downeaster station. The property holds eleven residential apartments — two three bedroom units and nine two-bedroom units — above two commercial storefronts. Brick construction, a membrane flat roof, gas forced hot air heat, and elevator service support the four-story building, which dates to 1900, and a common laundry room adds an ancillary income stream. For an investor, 62 Wingate Street pairs two income streams — stable residential demand and street-level commercial rent — with in-place residential rents that sit below market, offering a value-add path as leases roll in a downtown location served by commuter rail. Please reach out to the deal contacts for more information

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$205 USD /SF

# OF UNITS

13

PRICE/UNIT

$242,308

CAP RATE

6.89%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jacques/piling Place

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,273 SF

ZONING

CC, Haverhill

APN/PARCEL ID

HAVE-000301-000052-000004

ASK ABOUT THIS PROPERTY

Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

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Drew KirklandNortheast Private Client GroupMore Info
857-990-6802

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.