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129 S Elm St 129 S Elm St 5 Unit Apartment Building $1,200,000 ($240,000/Unit) 8.39% Cap Rate Haverhill, MA 01835



Investment Highlights
- Regional Transportation
- Prime Merrimack Valley Location
- Off-Street Parking
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Strong Rental Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 129 S Elm Street in Haverhill, MA (the “Property”). The two-story building contains four (4) 3-Bedroom/1-Bathroom units and one (1) 2+-Bedroom/1-Bathroom unit with 5,725 square feet of gross living area and 7,340 square feet of gross area. The Property is situated upon a 0.13-acre parcel and offers six (6) off street parking spaces. 129 South Elm Street is well-positioned along South Elm Street in the Bradford neighborhood of Haverhill, offering convenient access to the city center and surrounding residential neighborhoods. The property benefits from proximity to Route 125 and Route 97, with quick connections to Interstate 495, ensuring efficient regional access to Greater Boston, the Merrimack Valley, and southern New Hampshire. Nearby retail, dining, transit, and community amenities further support livability and long-term tenant appeal.
Property Facts
| Price | $1,200,000 | Apartment Style | Low-Rise |
| Price Per Unit | $240,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 8.39% | Building Size | 7,340 SF |
| No. Units | 5 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1940 |
| Zoning | TYPC - Haverhill | ||
| Price | $1,200,000 |
| Price Per Unit | $240,000 |
| Sale Type | Investment |
| Cap Rate | 8.39% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,340 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1940 |
| Zoning | TYPC - Haverhill |
Amenities
Unit Amenities
- Balcony
1 1
Walk Score®
Very Walkable (82)
Property Taxes
| Parcel Number | HAVE-000709-000673-000007 | Improvements Assessment | $681,200 |
| Land Assessment | $165,300 | Total Assessment | $846,500 |
Property Taxes
Parcel Number
HAVE-000709-000673-000007
Land Assessment
$165,300
Improvements Assessment
$681,200
Total Assessment
$846,500
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129 S Elm St | 129 S Elm St
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