Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Mixed-Use Investment Opportunity Title is generated by Realmo AI

    41-43 Central Central Street, Haverhill, NH 03785

    View on Map
    Claim this Listing
    For Sale
    $2,550,000

    Multi-Family - Haverhill, NH

    Property size:
    17,073 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $149/SF
    Added:
    Jul 9, 2025
    Days on Market:
    313
    Last Refresh:
    May 17 at 5:06 am

    Property Features for 41-43 Central Central Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    350 WOODSVILLE COM
    Rooms
    Basement
    Parking features
    Paved or Surfaced
    Basement Y/N
    1
    Standard status
    Active
    Size
    17,073 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    15765

    Utilities

    Heating system
    Hot Water (Heating)

    Building Details

    Year built
    1875
    Floors in Building
    3
    Number of units
    20
    Flooring type
    Carpet, Hardwood
    Roof type
    Flat, Membrane
    Architectural style
    Other

    We can help!

    Listing Contact
    Viktoria Alkova
    Viktoria Alkova

    Listing agent Viktoria Alkova

    Listing office KW Coastal and Lakes & Mountains Realty 750 Lafayette Rd., Portsmouth, NH

    Listing date Jul 9, 2025

    MLS# 5050830 Listing URL

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

    HighLights

    • Strong income stream from 17 fully leased, renovated residential apartments and 4 updated retail storefronts with long‑term leases.
    • Fully renovated 3‑story mixed‑use building in the heart of downtown Woodsville (Haverhill).
    • Low management complexity with all units under one roof.
    • Immediate cash flow with room to optimize rents.
    • Part of a larger 39‑unit portfolio sale, offering potential for expanded investment.
    • Updated retail spaces and completely renovated residential units capitalizing on strong rental demand.

    Overview

    Located in downtown Woodsville (Haverhill), this renovated 3-story mixed-use building presents a unique investment opportunity at the crossroads of Vermont and New Hampshire. The property features 17 remodeled residential apartments and 4 updated retail storefronts. The ground-floor retail spaces have been fully updated and are secured by long-term leases with established businesses. The residential units have been completely renovated and are fully leased out. The property offers a strong income stream and is situated on a 0.25-acre lot. The building encompasses 17,073 square feet. This property is part of a 39 unit portfolio sale and can be sold together or separately. The property is zoned 350 WOODSVILLE COM.

    Financial Insights

    Value Estimation Calculated for Retail

    Conservative
    $2.02M
    NOI $181,991 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.60M
    NOI $181,991 @ 7.00% cap · market / base-case scenario
    Aggressive
    $3.64M
    NOI $181,991 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    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.
         Calculated for Retail

    Component $ $/SF
    Gross rent $276.6k $16.20
    − Vacancy −$16.6k −$0.97
    EGI $260.0k $15.23
    − OpEx −$78.0k −$4.57
    NOI $182.0k $10.66
    17,073 SF · lease $16.20/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Use Scenarios

    Best Use
    Retail
    $2.60M
    $2.27M – $3.03M (±1% cap)
    NOI $181,991 @ 7.0% cap · market cap 7.14%
    Second Best
    Mixed Use
    $2.52M
    $2.21M – $2.95M (±1% cap)
    NOI $176,706 @ 7.0% cap · market cap 6.93%
    Theoretical Best
    Office A
    $3.76M
    $3.29M – $4.38M (±1% cap)
    NOI $262,889 @ 7.0% cap · market cap 10.31%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Haverhill
    County
    Grafton
    State
    New Hampshire
    Longitude
    -71.8999
    Latitude
    44.1173

    Nearby Similar for Sale

    • $70,000
      700 SF

      New England Barn on 0.86 Acres

      Classic barn with workshop, ideal for retail or conversion.
      69 Wild Ammonoosuc Road, Haverhill, NH 03740
      View Details
    • $230,000
      2,811 SF

      Haverhill Multi-Family Investment Opportunity

      Versatile multi-family property in Haverhill with income potential.
      39 Highland Street, Haverhill, NH 03785
      View Details
    • $1,050,000
      6,408 SF

      Renovated Multi-Family Investment Opportunity

      Fully renovated 9-unit property in Haverhill, NH with strong cashflow.
      2 & 6 Perkins Place, Haverhill, NH 03785
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Fully renovated mixed-use building with residential and retail units.
    Where is this mixed-use property located?
    The property is located at 41-43 Central Central Street Haverhill, NH.
    What is the asking price?
    The asking price for this property is $2,550,000.
    What are key features of this property?
    This property features: Strong income stream from 17 fully leased, renovated residential apartments and 4 updated retail storefronts with long‑term leases.; Fully renovated 3‑story mixed‑use building in the heart of downtown Woodsville (Haverhill).; Low management complexity with all units under one roof.
    (646) 577-1194
    We can help!
    Listing Contact
    Viktoria Alkova
    Viktoria Alkova
    Real Estate License ID: 074657
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    41-43 Central Central Street, Haverhill, NH 03785
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!