$1,425,000
$1,425,000
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12 Beds
6.5 Baths
6,804 SqFt
SOLD DATE : 04/15/2025
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,804 sqft
Price per Sqft $209
MLS Listing ID 73330695
Sold Date 04/15/25
Bedrooms 12
Full Baths 6
Half Baths 1
Year Built 1912
Annual Tax Amount $8,452
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type 5-9 Family
Property Description
98-100 River St contains a total of 7-units comprised of one (1) commercial unit and six (6) apartments. The apartments consist of (4) 2-bedroom units and (2) 3-bedroom units. The commercial space is leased to Upscale Cutz Barbershop, who just started the 4th year of their 5-year lease. The building features separately metered heat, hot water, and electric paid by the tenants for all units. The property is located on the Merrimack River on the Western edge of Downtown and just 0.2-miles from the train station. The property has a current cap rate of 7.41%. Please note property is in a flood zone. Initial offers due by 5:00PM Friday 2/7. Best & Final offers due by 5:00PM Tuesday 2/11.
Location
State MA
County Essex
Zoning CG
Direction Please use GPS
Exterior
Waterfront Description Waterfront,River
View Y/N Yes
View Scenic View(s)
Roof Type Rubber
Garage No
Building
Lot Description Flood Plain, Other
Story 11
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Spencer Norton • Horvath & Tremblay
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