Investment Overview
Northeast Private Client Group, Inc. is pleased to present 62 Wingate Street, a 13-unit mixed-use property in downtown Haverhill,Massachusetts, set within the Wingate Street arts district on the northbank of the Merrimack River — a short walk from the city’s MBTA Haverhill Line and Amtrak Downeaster station.
The property holds eleven residential apartments — two three-bedroom units and nine two-bedroom units — above two commercialstorefronts. Brick construction, a membrane flat roof, gas forced hot-air heat, and elevator service support the four-story building, which dates to 1900, and a common laundry room adds an ancillary income stream.
For an investor, 62 Wingate Street pairs two income streams — stable residential demand and street-level commercial rent — with in-place residential rents that sit below market, offering a value-add path as leases roll in a downtown location served by commuter rail. Please reach out to the deal contacts for more information.
Investment Highlights
- Mixed-Use Income Base
- Rents Below Market
- On-Site Laundry Income
- Steps to Commuter Rail