420 Water St, Haverhill, MA 01830
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$1,200,000
3 Unit
8 Beds
4 Baths
4256 SQFT
0.17 Acre

Property Description

TURNKEY 3-UNIT/$81,600 INCOME/BONUS BUILDING W/EXPANSION PLANS. Each updated unit features separate utilities, in-unit laundry, sprinkler system, and city water/sewer. Spacious layouts with high ceilings-two 3 BR units and one 2 BR unit-plus assigned off-street parking. Prime location along the Merrimac River, close to amenities with public transportation at your doorstep. Low-maintenance building ideal for a condo conversion. Bonus: detached building with architectural plans for utility tie-in and potential ADU or additional unit-expand and increase value! Perfect 1031 exchange opportunity.

Property Details tap to expand

Building Information

  • Total Units: 3
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 4
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Marina, Medical Facility, Park, Public School, Public Transportation, Shopping, Stables, Swimming Pool, T-Station, Tennis Court, Walk/Jog Trails
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Broadband, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Microwave, Range, Refrigerator, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Geothermal Heat Source, Heat Pump, Individual, Oil, Oil
  • Common Cooling: Central Air

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks), Owner Provided
  • Gross Operating Income: 81600
  • Gross Expenses: 6419
  • Electric Expenses: 480
  • Water/Sewer: 421
  • INSC: 3668
  • Miscellaneous Expense: 1850
  • Net Operating Income: 81600

Utilities

  • Heat Zones: 3
  • Cooling Zones: 3
  • Electric Info: Circuit Breakers, Individually Metered, Underground
  • Energy Features: Insulated Doors, Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range, for Gas Dryer, for Gas Oven, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Under Lease: No

Construction

  • Year Built: 1900
  • Type: 3 Family
  • Construction Type: Aluminum, Brick, Frame
  • Foundation Info: Brick, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73394898
  • Last Updated: 09/06/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/06/2025Active$1,200,000$282MLSPIN
09/02/2025Back on Market$1,200,000$282MLSPIN
08/22/2025Temporarily Withdrawn$1,049,000$246MLSPIN
08/19/2025Temporarily Withdrawn$1,049,000MLSPIN
07/14/2025Active$1,049,000$246MLSPIN
07/14/2025Active$1,049,000MLSPIN
07/10/2025Price Change$1,049,000MLSPIN
07/10/2025Price Change$1,050,000MLSPIN
07/10/2025Price Change$1,050,000$247MLSPIN
07/10/2025Price Change$1,049,000$246MLSPIN
06/29/2025Active$1,190,000MLSPIN
06/26/2025Active$1,190,000$280MLSPIN
06/25/2025New$1,190,000MLSPIN
06/22/2025New$1,190,000$280MLSPIN

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Seller's Representative: Judy Moynihan, Century 21 North East
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2025-09-06 03:05:00