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    34 Grand Ave Haverhill, MA 01830

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    For Sale
    $1,500,000

    Value-add multifamily property near downtown Haverhill and MBTA station.

    Property size:
    6,313 SF

    Property Features for 34 Grand Ave

    General Information

    Size
    6,313 SF

    Building Details

    Year built
    1900

    Source: Brad Carlson Agent Brad Carlson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Haverhill Multifamily Investment Opportunity

    The Grand Ave Apartments in Haverhill, MA, offer a multifamily investment opportunity. The property includes 10 units with studio, one-bedroom, two-bedroom, and three-bedroom floor plans. Current rents are 15% below market, presenting a value-add opportunity for investors to increase rents without significant capital improvements. Half of the units have been renovated with updated kitchens and bathrooms. Units 2, 4, 6 & 7 have bathrooms designated for each unit located in the hallway. The property is 0.4 miles from downtown Haverhill and the MBTA station. All hallways and common areas have been upgraded to a modern look. A new heating system was installed in February of 2025. The property provides coinless laundry income. Haverhill is located in Essex County along the Merrimack River, approximately 35 miles north of Boston and near the New Hampshire border. The city offers a mix of urban and suburban characteristics, a revitalizing downtown area, historical landmarks, and recreational opportunities along the river and in parks like Winnekenni Park. The property size is 6,313 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0837376
    Latitude
    42.7768128

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    FAQs

    What type of property is this?
    Apartment building - Value-add multifamily property near downtown Haverhill and MBTA station.
    Where is this apartment building located?
    The property is located at 34 Grand Ave Haverhill, MA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Value-add opportunity: Rents are 15% below market, allowing for increased rental income.; - Convenient location: Only 0.4 miles from downtown Haverhill and the MBTA station, providing easy access to transportation and amenities.; - Updated common areas: Hallways and common areas have been upgraded to a modern look.
    (781) 334-8044
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    34 Grand Ave Haverhill, MA 01830
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    Haverhill, MA 01830
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    Realmo Value Estimation

    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.

    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.

    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
    34 Grand Ave Haverhill, MA 01830
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