Residential Income
12 5th Avenue Haverhill, MA 01830
12 5th Avenue, Haverhill, MA, 01830
$549,900
For Sale
$549,900
Duplex featuring 2 bedrooms on the first floor and 2 bedrooms on the second, with additional rooms on the third floor.
Property Size2,239 SF
Price / SF$245.60
Days on Market80
Property Features for 12 5th Avenue
General Information
- Standard status
- Active
- Size
- 2,239 SF
- Property subtype
- Multi-family / 2 Family
Building Details
- Year Built
- 1920
Listing agency
RE/MAX Main St. Associates
(978) 373-6033
Listed by
Dalina Fantini · License #9017025
(978) 373-6033
Source
Compass
Added: May 4 Updated: Jul 21 at 7:37AM Checked: Jul 21 at 7:37AM
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 RE/MAX Main St. Associates
Investment Insights
Based on property information with market context.
This duplex-style residential income property offers a multi-level layout with bedrooms spread across the first and second floors, plus additional rooms on the third floor. The first floor includes 2 bedrooms and a pantry in the kitchen. The second floor includes 2 bedrooms, and the third floor provides 3 additional rooms.
The property is described as being in the heart of Haverhill, with downtown and local amenities a short distance away.
With distinct floor-by-floor living areas and an expanded third-floor configuration, the building is set up to support flexible residential use within a single income property structure.
The property is described as being in the heart of Haverhill, with downtown and local amenities a short distance away.
With distinct floor-by-floor living areas and an expanded third-floor configuration, the building is set up to support flexible residential use within a single income property structure.
Key Highlights
- Duplex with 2 bedrooms on the first floor and 2 bedrooms on the second floor
- Third floor includes 3 additional rooms
- Full basement with interior access
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 | $56.4k | $25.20 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $53.9k | $24.07 |
| − OpEx | −$16.2k | −$7.22 |
| NOI | $37.7k | $16.85 |
2,239 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$538.8K
$471.5K – $628.7K
NOI $37,719 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$486.4K
$425.6K – $567.5K
NOI $34,047 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,784 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex featuring 2 bedrooms on the first floor and 2 bedrooms on the second, with additional rooms on the third floor.
Where is this duplex located?
The property is located at 12 5th Avenue Haverhill, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Duplex with 2 bedrooms on the first floor and 2 bedrooms on the second floor; Third floor includes 3 additional rooms; Full basement with interior access
