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Investment Opportunity! Well-maintained four-family property featuring a desirable unit mix of two spacious 4-bedroom apartments and two 1-bedroom apartments. All four units have been updated within the last five years, offering investors an opportunity to acquire a property with significant improvements already completed. Current rents are below market, presenting excellent potential for increased income over time. All four units are currently month-to-month, providing added flexibility for future ownership and rental adjustments. Recent capital improvements include new electrical, a sprinkler system, commercial fire alarm system, three of four newer water heaters, three of four newer boilers, and a roof approximately 7 years old (2017). Additional amenities include four off-street parking spaces. A great opportunity for investors looking to expand their portfolio with a multifamily property offering strong rental upside and flexibility.

More Info

Basic Information

  • Gross Income $109,200
  • Lot Features Corner Lot
  • Mls StatusNew
  • Rent Includes Unit 1(Water)

Location

  • Address494-496 Main Street
  • Building Number494-496
  • CountyEssex
  • StateMA
  • StreetMain Street
  • TownHaverhill
  • Zip01830

Interior

  • Interior Features Living Room, Kitchen, Laundry Room

Utilities

  • Electric Circuit Breakers
  • Electric Expense 800
  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • AmenitiesPublic Transportation, Medical Facility, Laundromat, Highway Access
  • Appliances IncludedRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement

Tax Information

  • Tax Assessed Value $851,300
  • Tax Year 2025
  • Taxes$9,117

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms10
  • Full Bath4

Building

  • BasementFull, Concrete
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone, Brick/Mortar
  • Levels 6
  • Patio And Porch Features Porch
  • Rooms20
  • Stories6
  • Units4
  • Utilities For Electric Range
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Other

  • Date Listed11/06/2026
  • Farm Land Area Units Square Feet

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved
  • Parking Spaces4

Basic Information

  • List Price$1,100,000
  • MLS Number73599864
  • Modification Date11/07/2026
  • Property SubType4 Family
  • Virtual TourView Tour

Property

  • Acreage0.14

Exterior

  • RoofShingle

Property Information

  • Building Area Source Measured
  • Living Area 4,547
  • Lot Size Square Feet 6,098
  • Lot Size Units Acres
  • Square Feet4,547

Map Location

Listed by Michelle Conceicao of Coldwell Banker Realty - Haverhill

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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