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21-23 Cedar Street
Haverhill, MA 01830
Asking Price
$1.10M
Cap Rate
7.83%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 7.83% Cap | 8,659 SqFt <p>Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 21-23 Cedar Street in Haverhill, MA (the “Property”). The multi-story building contains one (1) 4-Bedroom/1-Bathroom unit, one (1) 3-Bedroom/2-Bathroom unit, one (1) 2+-Bedroom/2-Bathroom unit, one (1) 2+-Bedroom/1.5-Bathroom unit, and two (2) 2-Bedroom/1-Bathroom units with 6,206 square feet of gross living area in 8,659 square feet of gross area. The Property is sit
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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602
