Multifamily Property Near Rail
For Sale
Contact for pricing
24 Thorndike Street, Haverhill, MA 01832
Historic multifamily housing with tenant-paid utilities and convenient connections to commuter rail, bus service, and regional employment centers.
Property Size4,908 SF
Price / SF$157.91
Days on Market133
Property Features for 24 Thorndike Street
General Information
Standard status
Active
Size
4,908 SF
Total Parking Spaces
5
Property subtype
Multifamily
Net Operating Income
$48,035
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Building Details
Year Built
1890
Buildings
1
Units
5
Listing Agency:
Horvath & Tremblay
Listed By:
Dennis Kelleher · License #MA 9504385
(781) 776-4002
Source:
Crexi
Added: Apr 24
Changed: Sep 2
Last Checked: Aug 31 at 7:56PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This 4,908-square-foot multifamily property was built in 1890 and is positioned in downtown Haverhill. Utility arrangements separate tenant and landlord responsibilities: residents pay heat, a combination of gas and electric, gas-powered hot water, and separately metered electricity, while the landlord pays city water and sewer costs.
The property is near the downtown Haverhill Commuter Rail Station, the MBTA Haverhill Line terminus with service to Boston’s North Station. Amtrak’s Downeaster also serves Haverhill, and Merrimack Valley Transit provides local bus service through the nearby Washington Square Transit Center. Interstate 495 and regional roads connect the area with Andover, Lawrence, Lowell, southern New Hampshire, and Greater Boston.
Area demand drivers include Whittier Rehabilitation Hospital, Merrimack Valley Hospital, Northern Essex Community College, and the UMass Lowell Haverhill Campus. More than 29,100 people live within 1 mile, with an average household income of $92,652; within 3 miles, the population exceeds 70,100 and average household income is $115,710.
The property is near the downtown Haverhill Commuter Rail Station, the MBTA Haverhill Line terminus with service to Boston’s North Station. Amtrak’s Downeaster also serves Haverhill, and Merrimack Valley Transit provides local bus service through the nearby Washington Square Transit Center. Interstate 495 and regional roads connect the area with Andover, Lawrence, Lowell, southern New Hampshire, and Greater Boston.
Area demand drivers include Whittier Rehabilitation Hospital, Merrimack Valley Hospital, Northern Essex Community College, and the UMass Lowell Haverhill Campus. More than 29,100 people live within 1 mile, with an average household income of $92,652; within 3 miles, the population exceeds 70,100 and average household income is $115,710.
Key Highlights
- 4,908‑square‑foot multifamily property built in 1890
- Near the downtown Haverhill Commuter Rail Station, MBTA Haverhill Line terminus
- Amtrak Downeaster and Merrimack Valley Transit serve Haverhill
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
914
Businesses Nearby
Explore this area
Business Placement
Demographics for 01832, MA
25,656
Population
10,735
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
11.4 sq mi
ZIP Area
2,251
Density / Sq Mi
$81,141
Median Household Income
$47,151
Median Earnings
$1,612
Median Rent
$410,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Historic multifamily housing with tenant-paid utilities and convenient connections to commuter rail, bus service, and regional employment centers.
Where is this multifamily property located?
The property is located at 24 Thorndike Street Haverhill, MA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 4,908‑square‑foot multifamily property built in 1890; Near the downtown Haverhill Commuter Rail Station, MBTA Haverhill Line terminus; Amtrak Downeaster and Merrimack Valley Transit serve Haverhill
