16 Fountain St, Haverhill, MA 01830
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$689,000
2 Unit
8 Beds
2 Baths
2468 SQFT
0.07 Acre

Property Description

Welcome to 16 Fountain Street, a spacious and well-maintained two-family home located in a highly convenient area of Haverhill, perfect for attracting and retaining quality tenants. This versatile property features a 3-bedroom unit and a rare 5-bedroom unit, offering flexible living space that can accommodate larger households or generate strong rental income. The building is equipped with laundry hookups and a small private backyard for tenants to use. Situated near public transportation, schools, shops, and restaurants, this location makes everyday living easy and appealing for renters. With current rents well below market value, there is immediate potential for increased cash flow and long-term appreciation. Whether you're an investor looking to grow your portfolio or a savvy buyer planning to live in one unit while renting the other, this is an excellent opportunity in a strong and growing rental market.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Amenities: Highway Access, Laundromat, Park, Public Transportation
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Pantry
  • Common Appliances: Range, Refrigerator
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 40800
  • Gross Expenses: 3944
  • Electric Expenses: 144
  • Water/Sewer: 1500
  • INSC: 2300
  • Net Operating Income: 36856

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Construction

  • Year Built: 1910
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73435869
  • Last Updated: 09/29/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
09/29/2025Active$689,000$279MLSPIN
09/25/2025New$689,000$279MLSPIN

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Seller's Representative: Isaiah Rivera, J. Borstell Real Estate, Inc.
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-09-29 03:05:00

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