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    Mixed-Use Property in Haverhill, MA Title is generated by Realmo AI

    219 River, Haverhill, MA 01832

    View on Map
    Claim this Listing
    Pending
    $525,000

    MULTI_FAMILY - Haverhill, MA

    Property size:
    1,620 SF
    Lot size:
    0.08 Acres
    Added:
    Nov 4, 2025
    Days on Market:
    235
    Last Refresh:
    Jun 27 at 10:06 am

    Property Features for 219 River

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Mixed Use
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
    Parking
    5
    Standard status
    Pending
    APN
    1925925
    Size
    1,620 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Building Details

    Year built
    1990
    Floors in Building
    3
    Number of units
    2

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    Keller Williams Realty Evolution

    Listing agent Keller Williams Realty Evolution License #9068048

    Listing office Keller Williams Realty Evolution 301 Edgewater Place, Suite 100, Beverly, MA

    Listing date Nov 4, 2025

    MLS# 73450871 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use building built in 1990 with retail/office space on the ground floor and a residential unit above
    • First‑floor unit rented as a nail and hair salon for $1,200 per month
    • Second‑floor unit includes 3 bedrooms, a living room, a kitchen, and 1 full bath; currently vacant
    • Recent unit 2 updates in progress: new doors, new kitchen flooring, painting, and steam cleaning carpets
    • Off‑street parking for 5–6 vehicles

    Overview

    This mixed-use property, constructed in 1990, presents both residential and commercial possibilities. The building includes a retail/office space on the ground floor and a residential unit above. The first-floor unit is currently rented as a nail and hair salon for $1200 per month. The second-floor unit features 3 bedrooms, a living room, a kitchen, and 1 full bath. The second-floor unit is vacant and undergoing renovations including new doors, new kitchen floor, painting, and steam cleaning of carpets. The property provides off-street parking for 5-6 vehicles. Situated on a 0.0804-acre lot, the property offers 1620 square feet of space. This property is suitable for investors or owner-occupants seeking rental income and long-term growth potential. It provides access to major roads, shopping, and public transportation.

    Local Financial Insights For Mixed Use

    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 $58.3k $36.00
    − Vacancy −$5.8k −$3.60
    EGI $52.5k $32.40
    − OpEx −$19.7k −$12.15
    NOI $32.8k $20.25
    1,620 SF · lease $36.00/SF/yr · vacancy 10.00% · expense 37.50%

    Alternative Uses

    Best Use
    Mixed Use
    $468.6K
    $410.1K – $546.8K (±1% cap)
    NOI $32,805 @ 7.0% cap · market cap 6.25%
    Second Best
    Retail
    $380.2K
    $332.7K – $443.6K (±1% cap)
    NOI $26,617 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $959.0K
    $839.2K – $1.12M (±1% cap)
    NOI $67,132 @ 7.0% cap · market cap 12.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Psychic Shop Spiritual Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Haverhill
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.092052
    Latitude
    42.768987

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail/office space and residential unit.
    Where is this mixed-use property located?
    The property is located at 219 River Haverhill, MA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Mixed‑use building built in 1990 with retail/office space on the ground floor and a residential unit above; First‑floor unit rented as a nail and hair salon for $1,200 per month; Second‑floor unit includes 3 bedrooms, a living room, a kitchen, and 1 full bath; currently vacant
    More about this property
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