The Lofts of Saint Joseph

Located approximately 35 miles north of Boston along the Merrimack River, Haverhill serves as a regional commercial hub for the Merrimack Valley and southern New Hampshire. The city benefits from direct access to major transportation corridors, including Interstate 495 and Route 125, providing efficient north–south connectivity to Boston, New Hampshire, and greater New England. Interstate 95 is within close proximity, enhancing regional distribution and logistics capabilities. Haverhill is also serviced by the MBTA Commuter Rail (Haverhill Line), offering direct rail access to Boston’s North Station and supporting office, mixed-use, and transit-oriented development.Northeast Private Client Group is pleased to present the Saint Joseph's School Apartments located at 26 Broadway in Haverhill, MA. 26 Broadway is a fully renovated mixed-use property located in the heart of downtown Haverhill. Ownership completed a full gut renovation, converting the building into 36 residential units comprised of 28 studio apartments and 8 one-bedroom units, with initial tenant occupancy beginning in January 2023. The asset offers modern construction, efficient systems, and minimal near-term capital requirements. All residential units are separately metered for electricity, each with its own hot water heater and individual mini-split systems providing heating and cooling. These features allow for efficient expense pass-through, independent tenant climate control, and streamlined property management. The property also includes a dedicated gym space that is leased to a youth basketball program, providing a stable non-residential income component and enhancing the mixed-use nature of the asset. Each residential unit is allocated one on-site parking space, a significant amenity in a downtown setting. In addition, ownership includes a large parking lot directly across the street, which supports parking for the basketball program and provides flexibility for additional parking or future use.