Multifamily
24 4th Ave, Haverhill, MA 01830
For Sale
$549,900
A four-bedroom, two-bathroom layout offers residential space near commuter routes, transit, and local schools.
Property Size1,702 SF
Price / SF$323.09
Days on Market8
Property Features for 24 4th Ave
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Building Details
Year Built
Listing Agency:
The Shorey Realty Group, Real Broker Ma, Llc
Listed By:
Hillman Homes
(617) 609-8894
Source:
Hillmanhomesma
Added: Nov 6
Last Checked: Nov 12 at 7:52AM
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 The Shorey Realty Group, Real Broker Ma, 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 1,702-square-foot multifamily property in Haverhill, Massachusetts, has four bedrooms and two bathrooms. The building dates to 1910.
Commuter routes, transit, and local schools are nearby.
Commuter routes, transit, and local schools are nearby.
Key Highlights
- 1,702‑square‑foot multifamily property
- Four bedrooms and two bathrooms
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,881
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,620
$517.6K
Cap Rate 7%
$369,729
$369.7K
Cap Rate 9%
$287,567
$287.6K
Market Conditions
NOI Build-Up for 1,702 SF
Gross rent
$49.0K $28.80/SF
− Vacancy
−$2.0K −$1.15/SF
EGI
$47.1K $27.65/SF
− OpEx
−$21.2K −$12.44/SF
NOI
$25.9K $15.21/SF
Area
Essex County, MA
Vacancy
4.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$517,620
Cap Rate 7%
$369,729
Cap Rate 9%
$287,567
Alternative Uses
Best Use
Apartment 5plus
$369.7K
$323.5K – $431.4K
NOI $25,881 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$881.6K – $1.18M
NOI $70,530 @ 7.0% cap · market cap 12.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,732
Businesses Nearby
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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
$436,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Haverhill, MA
Properties on Market for Multifamily properties in Haverhill
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - A four-bedroom, two-bathroom layout offers residential space near commuter routes, transit, and local schools.
Where is this multifamily property located?
The property is located at 24 4th Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: 1,702‑square‑foot multifamily property; Four bedrooms and two bathrooms; Built in 1910
