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    Three-Story Multifamily Residence Title is generated by Realmo AI

    2 Avon Pl, Haverhill, MA 01832

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    For Sale
    $639,900

    MULTI_FAMILY - Haverhill, MA

    Property size:
    1,954 SF
    Lot size:
    0.04 Acres
    Price / SF:
    $327/SF
    Added:
    Jun 2, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 2 at 8:06 pm

    Property Features for 2 Avon Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RH
    Bedrooms
    6
    Bathrooms
    3
    Rooms
    Bathroom 2, Bedroom 5, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 6, Bathroom 1
    Parking
    2
    Standard status
    Active
    APN
    M:0501 B:00228 L:26A,1925847
    Size
    1,954 SF
    Lot size
    0.04 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5512

    Building Details

    Year built
    1880
    Floors in Building
    3
    Number of units
    2

    We can help!

    Listing Contact
    Susan Rochwarg
    Susan Rochwarg

    Listing agent Susan Rochwarg

    Listing office Keller Williams Realty 138 River Road, Suite 107, Andover, MA

    Listing date Jun 2, 2026

    MLS# 73528540 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Multi‑family home built in 1880 with 1,954 SF of living space across three stories
    • Six bedrooms total, with three full bathrooms
    • 1,738 SF lot with a manageable exterior footprint
    • Walking distance to Downtown Haverhill eateries and the T Commuter Rail

    Overview

    This well-maintained three-story multifamily residence offers 1,954 square feet of living space configured with open floor plans. The property includes six bedrooms and three full bathrooms, giving occupants flexible rooming and everyday functionality. Historic charm is paired with contemporary layout choices, creating a home that feels thoughtfully designed for multi-occupant living.

    Located at 2 Avon Pl in Haverhill, the property is within walking distance of Downtown Haverhill’s dining and the T Commuter Rail. The home sits on a manageable lot, supporting an easier-to-maintain exterior footprint while still placing residents close to neighborhood amenities and transportation access.

    With its multi-bedroom layout and balanced bathroom count, the property may appeal to buyers looking for an urban residential income or owner-occupant option. The three-story design and open floor plans can support a range of household setups, while the proximity to downtown and commuter rail may help improve day-to-day convenience for future residents.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $49.2k $25.20
    − Vacancy −$2.2k −$1.13
    EGI $47.0k $24.07
    − OpEx −$14.1k −$7.22
    NOI $32.9k $16.85
    1,954 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $470.2K
    $411.5K – $548.6K (±1% cap)
    NOI $32,917 @ 7.0% cap · market cap 5.14%
    Second Best
    Apartment 5plus
    $424.5K
    $371.4K – $495.2K (±1% cap)
    NOI $29,713 @ 7.0% cap · market cap 4.64%
    Theoretical Best
    Office A
    $1.16M
    $1.01M – $1.35M (±1% cap)
    NOI $80,973 @ 7.0% cap · market cap 12.65%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.089107
    Latitude
    42.771298

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    FAQs

    What type of property is this?
    Duplex - Well-maintained three-story multifamily with six bedrooms and three full bathrooms, offering open floor plans near downtown and transit.
    Where is this duplex located?
    The property is located at 2 Avon Pl Haverhill, MA.
    What is the asking price?
    The asking price for this property is $639,900.
    What are key features of this property?
    This property features: Multi‑family home built in 1880 with 1,954 SF of living space across three stories; Six bedrooms total, with three full bathrooms; 1,738 SF lot with a manageable exterior footprint
    (978) 475-2111
    We can help!
    Listing Contact
    Susan Rochwarg
    Susan Rochwarg
    Request Owner's contact information
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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