Renovated Duplex with Finished
127-129 Cedar Street, Haverhill, MA 01830
For Sale
$774,900
Both dwellings are vacant, with a separate finished attic adding two bedrooms, a full bath, and kitchenette space.
Property Size2,373 SF
Price / SF$326.55
Days on Market83
Property Features for 127-129 Cedar Street
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Building Details
Year Built
Listing Agency:
eXp Realty LLC
Listed By:
Jonathan Abreu
(617) 991-4331
Source:
Merryfoxrealty
Added: Aug 19
Changed: Nov 8
Last Checked: Nov 8 at 6:50AM
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 eXp Realty LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,373-square-foot duplex, built in 1900, contains two renovated units and a finished attic. The attic has two bedrooms, a full bathroom, and a kitchenette area. Both residential units are vacant, and the property is near downtown Haverhill, shopping, restaurants, major routes, and public transportation.
Key Highlights
- Two renovated residential units; both are vacant
- 2,373‑square‑foot duplex built in 1900
- Finished attic includes 2 bedrooms, a full bathroom, and a kitchenette area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,976
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,520
$799.5K
Cap Rate 7%
$571,086
$571.1K
Cap Rate 9%
$444,178
$444.2K
Market Conditions
NOI Build-Up for 2,373 SF
Gross rent
$59.8K $25.20/SF
− Vacancy
−$2.7K −$1.13/SF
EGI
$57.1K $24.07/SF
− OpEx
−$17.1K −$7.22/SF
NOI
$40.0K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,520
Cap Rate 7%
$571,086
Cap Rate 9%
$444,178
Alternative Uses
Best Use
Multifamily LT 5
$571.1K
$499.7K – $666.3K
NOI $39,976 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$515.5K
$451.1K – $601.4K
NOI $36,085 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,337 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Explore this area
Business Placement
Demographics for 01830, MA
27,553
Population
11,159
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
89%
High-School Grad
13.9 sq mi
ZIP Area
1,982
Density / Sq Mi
$79,784
Median Household Income
$49,289
Median Earnings
$1,602
Median Rent
$436,400
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Essex County, MA
Properties on Market for Duplexes in Essex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both dwellings are vacant, with a separate finished attic adding two bedrooms, a full bath, and kitchenette space.
Where is this duplex located?
The property is located at 127-129 Cedar Street Haverhill, MA.
What is the asking price?
The asking price for this property is $774,900.
What are key features of this property?
This property features: Two renovated residential units; both are vacant; 2,373‑square‑foot duplex built in 1900; Finished attic includes 2 bedrooms, a full bathroom, and a kitchenette area
