117-119 Portland Street Haverhill, MA 01830
Well-maintained 4-family Victorian in Haverhill with strong income potential.
- Added:
- May 6, 2026
- Days on Market:
- 70
- Last Refresh:
- May 27 at 7:47 am
Property Features for 117-119 Portland Street
General Information
- Standard status
- Active
- Size
- 4,376 SF
- Property subtype
- Multi-family / 4 Family
Building Details
- Year Built
- 1900
Listing office NextGen Realty, Inc. (617) 208-2100
Listing date May 6, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NextGen Realty, Inc.
Investment Insights
Based on property information with market context.
Key Highlights
- Strong income potential: Currently generating $8,000/month in rental income with additional upside.
- Well‑maintained 4‑family Victorian: Classic multi‑family home with period character.
- Spacious units with desirable layouts: Generous living space with separate utilities and efficient floor plans.
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 | $110.3k | $25.20 |
| − Vacancy | −$5.0k | −$1.13 |
| EGI | $105.3k | $24.07 |
| − OpEx | −$31.6k | −$7.22 |
| NOI | $73.7k | $16.85 |