Grand Ave Apartments

Haverhill, Massachusetts, a city in Essex County, is situated along the Merrimack River, approximately 35 miles north of Boston and near the New Hampshire border. This location provides a blend of historical charm, with roots tracing back to a 17th-century Puritan settlement, and modern accessibility, being near major highways and offering commuter rail access to Boston. The city features a mix of urban and suburban characteristics, with a revitalizing downtown area, historical landmarks, and recreational opportunities along the river and in parks like Winnekenni Park.New England Realty Advisors LLC is pleased to present the Grand Ave Apartments for sale in Haverhill, MA. This property consists of (10) multifamily units with studio, one-bedroom, two-bedroom, and three-bedroom floor plans. The current rents are 15% below market creating a value-add opportunity for investors to raise rents without major capital improvements. Half of the units have been renovated with updated kitchens and bathrooms. Three out of the four studio apartments have bathrooms designated for each unit located in the hallway. The property is only 0.4 miles from downtown Haverhill and the MBTA station. All hallways and common areas have been upgraded to a modern look; the new heating system was installed in February of 2025. All interested parties will have the opportunity to obtain additional information upon request.