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135 LAFAYETTE SQ
HAVERHILL, MA 01832-4782
Asking Price
$1.35M
Cap Rate
7.9%
Asset Type
Mixed-use
Class
Class B
What's Special
<p><strong style="color: rgba(0, 0, 0, 1)">Outstanding investment opportunity to acquire a professionally managed, fully leased 6-unit mixed-use property in a desirable Haverhill location. Currently generating $153,600 in annual gross income, this well-maintained asset offers immediate cash flow with additional upside through potential rent increases on two residential units. The property consists of four residential apartments and two commercial spaces occupied by a restaurant and a barbershop,
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NOI
$80,000
Cap Rate
5.93%
DSCR
1.00
Underwater
Cash-on-Cash
-0.02%
Monthly Payment
$6,674.116
Annual Cash Flow
$-89.392