Historic Multi-Family
14 Freeman Street Haverhill, MA 01832
For Sale
$769,900
Multi-family property dating to 1908, with coffered ceilings, crown molding, and stone countertops.
Property Size2,819 SF
Price / SF$273.11
Days on Market196
Property Features for 14 Freeman Street
General Information
- Standard status
- Active
- Size
- 2,819 SF
- Property subtype
- Multi-family
Building Details
- Year Built
- 1908
Listing Agency:
Liriano Realty
Listed By:
The Liriano Team
(978) 922-2700
Source:
Jbarrettrealty
Added: Jan 12
Changed: Jul 21
Last Checked: Jul 22 at 7:32AM
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 Liriano Realty
Investment Insights
Based on property information with market context.
This multi-family residence, dating to 1908, is presented in great condition and reflects its original craftsmanship. Interiors feature a living room with a coffered ceiling and crown molding, along with a kitchen that includes stone countertops and crown molding. Bedrooms are also finished with crown molding, creating a consistent, period-inspired look throughout.
Located at 14 Freeman Street in Haverhill, Massachusetts (Essex County), the property sits within the residential area of Haverhill.
The home’s interior details—coffered ceilings, crown molding, and stone countertop finishes—support a refined in-place finish level for a multi-family owner or operator.
Located at 14 Freeman Street in Haverhill, Massachusetts (Essex County), the property sits within the residential area of Haverhill.
The home’s interior details—coffered ceilings, crown molding, and stone countertop finishes—support a refined in-place finish level for a multi-family owner or operator.
Key Highlights
- Multi‑family residence built in 1908
- Living room features coffered ceilings and crown molding
- Kitchen includes stone countertops and crown molding
Financial Insights For Apartment 5plus
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 | $81.2k | $28.80 |
| − Vacancy | −$3.2k | −$1.15 |
| EGI | $77.9k | $27.65 |
| − OpEx | −$35.1k | −$12.44 |
| NOI | $42.9k | $15.21 |
2,819 SF · lease $28.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$612.4K
$535.8K – $714.5K
NOI $42,867 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,819 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multi-family property dating to 1908, with coffered ceilings, crown molding, and stone countertops.
Where is this multifamily property located?
The property is located at 14 Freeman Street Haverhill, MA.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: Multi‑family residence built in 1908; Living room features coffered ceilings and crown molding; Kitchen includes stone countertops and crown molding
