Triplex with Multiple
22-24 Came Ave, Haverhill, MA 01830
For Sale
$791,000
Pending
Three currently vacant units offer separate utility meters and basement coin-operated laundry.
Property Size4,278 SF
Days on Market16
Property Features for 22-24 Came Ave
General Information
Standard status
Size
Property subtype
Additional Details
Utilities to Site
Individually Metered Utilities
Amenities
porches
coin-operated laundry
Building Details
Year Built
Listing Agency:
Aprilian Inc.
(508) 271-7151
Listed By:
Joshua Mwongera
(351) 226-0653
Source:
Lockandkeyre
Added: Oct 25
Changed: Nov 8
Last Checked: Nov 8 at 6:28AM
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 Aprilian Inc.
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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 1900-built triplex contains approximately 4,278 square feet of living area. All three units are vacant, and utilities are separately metered with an additional owner meter. The basement has coin-operated laundry equipment. Each unit has access to two porches and one driveway parking space, while the property also includes backyard space.
The property is 0.4 miles from Market Basket and 0.5 miles from Haverhill Public Library.
The property is 0.4 miles from Market Basket and 0.5 miles from Haverhill Public Library.
Key Highlights
- Triplex with approximately 4,278 square feet of living area
- All three units are vacant
- Separately metered utilities plus an additional owner meter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$72,068
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,441,360
$1.4M
Cap Rate 7%
$1,029,543
$1.0M
Cap Rate 9%
$800,756
$800.8K
Market Conditions
NOI Build-Up for 4,278 SF
Gross rent
$107.8K $25.20/SF
− Vacancy
−$4.9K −$1.13/SF
EGI
$103.0K $24.07/SF
− OpEx
−$30.9K −$7.22/SF
NOI
$72.1K $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%
$1,441,360
Cap Rate 7%
$1,029,543
Cap Rate 9%
$800,756
Alternative Uses
Best Use
Multifamily LT 5
$1.03M
$900.9K – $1.20M
NOI $72,068 @ 7.0% cap · market cap 9.11%
Second Best
Apartment 5plus
$929.3K
$813.2K – $1.08M
NOI $65,053 @ 7.0% cap · market cap 8.22%
Theoretical Best
Office A
$2.53M
$2.22M – $2.95M
NOI $177,279 @ 7.0% cap · market cap 22.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,242
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 Triplexes in Essex County, MA
Properties on Market for Triplexes in Essex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three currently vacant units offer separate utility meters and basement coin-operated laundry.
Where is this triplex located?
The property is located at 22-24 Came Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $791,000.
What are key features of this property?
This property features: Triplex with approximately 4,278 square feet of living area; All three units are vacant; Separately metered utilities plus an additional owner meter
