Victorian Two-Family Rehab
19 Buttonwoods Ave Haverhill, MA 01830
19 Buttonwoods Ave, Haverhill, MA, 01830
$699,900
For Sale
$699,900
Stately Victorian two-family house requiring total rehabilitation, with two 2-bedroom units and potential third-unit conversion.
Property Size3,232 SF
Price / SF$216.55
Days on Market21
Property Features for 19 Buttonwoods Ave
General Information
- Standard status
- Active
- Size
- 3,232 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Berkshire Hathaway HomeServices Verani Realty Haverhill
(978) 902-4546
Listed by
Stephanie E. Mann
(978) 902-4546
Source
Lockandkeyre
Added: Jul 1 Updated: Jul 21 at 2:52PM Checked: Jul 21 at 2:52PM
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 Berkshire Hathaway HomeServices Verani Realty Haverhill
Investment Insights
Based on property information with market context.
This stately Victorian two-family property is in need of total rehabilitation. The building currently offers 5-room, 2-bedroom units, with configuration that may be expanded to create up to three units by finishing the third floor (described as a 4-room space).
A turret room provides seasonal views of the Merrimack River. The property also includes plenty of off-street parking and sits on a large, level lot with established blueberry bushes and grape vines.
This is a long time, family-owned residence positioned for a buyer willing to undertake significant rehab, with the opportunity to reimagine the upper level into additional living space.
A turret room provides seasonal views of the Merrimack River. The property also includes plenty of off-street parking and sits on a large, level lot with established blueberry bushes and grape vines.
This is a long time, family-owned residence positioned for a buyer willing to undertake significant rehab, with the opportunity to reimagine the upper level into additional living space.
Key Highlights
- Stately Victorian two‑family home built in 1900, requiring total rehabilitation
- Two 2‑bedroom units plus potential to expand/convert to a third unit with 3rd‑floor rooms
- Seasonal Merrimack River views from the turret room
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 | $81.4k | $25.20 |
| − Vacancy | −$3.7k | −$1.13 |
| EGI | $77.8k | $24.07 |
| − OpEx | −$23.3k | −$7.22 |
| NOI | $54.4k | $16.85 |
3,232 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$777.8K
$680.6K – $907.5K
NOI $54,447 @ 7.0% cap · market cap 7.78%
Second Best
Apartment 5plus
$702.1K
$614.3K – $819.1K
NOI $49,147 @ 7.0% cap · market cap 7.02%
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,933 @ 7.0% cap · market cap 19.14%
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 - Stately Victorian two-family house requiring total rehabilitation, with two 2-bedroom units and potential third-unit conversion.
Where is this duplex located?
The property is located at 19 Buttonwoods Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: Stately Victorian two‑family home built in 1900, requiring total rehabilitation; Two 2‑bedroom units plus potential to expand/convert to a third unit with 3rd‑floor rooms; Seasonal Merrimack River views from the turret room
