62 Wingate Street

Haverhill is a Merrimack River city of roughly 68,000 in Essex County about 38 miles north of Boston. Once a national center of shoe manufacturing, its downtown has been reworked around the Washington Street historic district and the Wingate Street arts district, where restored mill and commercial buildings now hold apartments, restaurants, and galleries.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.