2 Grove St, Haverhill, MA 01832
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$685,000
2 Unit
8 Beds
2 Baths
2563 SQFT
0.05 Acre

Property Description

Tremendous opportunity to own this renovated DELEADED 2 unit multi-family with no work needed! Perfect for an owner occupant or a serial investor looking to add on to their portfolio. Unit layouts are 3 bed 1 bath unit 1, 5 bed 1 bath unit 2. Both units have hardwood flooring and luxury vinyl plank, fresh paint, stainless steel appliances, great sized rooms. One driveway for offstreet parking. One new boiler and both units are renovated, generating $5600/month total. Basement is dry, unfinished with laundry for both units. Offered currently as a 7.8% CAP. Great location not far from Downtown Haverhill, .5 miles from Haverhill Commuter Rail, within 20 minutes of Newburyport, 45 minutes to Downtown Boston, and just 25 minutes to serene Seabrook beach! First showings at open house 7/18 Saturday 10am-12pm

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Total Fireplaces: 3
  • Basement Features: Full, Unfinished Basement

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 67200
  • Gross Expenses: 11300
  • Water/Sewer: 2400
  • INSC: 3500
  • Net Operating Income: 61300

Utilities

  • Electric Info: 100 Amps, Other (See Remarks)
  • Utility Connections: for Gas Oven
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73548160
  • Last Updated: 08/16/26
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/16/2026Active$685,000$267MLSPIN
08/12/2026Price Change$685,000$267MLSPIN
07/14/2026Active$699,000$273MLSPIN
07/10/2026New$699,000$273MLSPIN
03/28/2023Sold$545,000$221MLSPIN
02/27/2023Under Agreement$499,000$203MLSPIN
02/13/2023Contingent$499,000$203MLSPIN
02/06/2023Active$499,000$203MLSPIN
02/02/2023New$499,000$203MLSPIN

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Seller's Representative: Brian Quijada, EVO Real Estate Group, LLC
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 2026-08-16 04:05:00

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