13-Unit Multifamily
2733 Dartmouth College Highway Haverhill, NH 03774
For Sale
$1,495,000
Multifamily property with 13 residential units, durable metal roof, vinyl siding, updated fire egresses, and on-site tenant parking.
Property Size6,909 SF
Price / SF$216.38
Days on Market110
Property Features for 2733 Dartmouth College Highway
General Information
- Standard status
- Active
- Size
- 6,909 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing Agency:
Rune Stone Realty
(603) 566-7305
Listed By:
Nicole Canavan · License #009533251
(603) 566-7305
Source:
Compass
Added: Apr 5
Changed: Jul 22
Last Checked: Jul 23 at 10:23AM
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 Rune Stone Realty
Investment Insights
Based on property information with market context.
This multifamily property contains 13 residential units and is managed by professional property management. Reported on-site improvements include a durable metal roof, low-maintenance vinyl siding, updated fire egresses, and new common area flooring. The exterior and common areas are maintained with a focus on durability and reduced upkeep.
The property is offered for sale with limited tours and group showings only; contact the agent to schedule. The seller indicates no seller financing is available.
On a reported basis, the property is currently operating with an in-place 8.25% cap rate and is described as an opportunity with additional upside potential through targeted improvements and rental growth.
The property is offered for sale with limited tours and group showings only; contact the agent to schedule. The seller indicates no seller financing is available.
On a reported basis, the property is currently operating with an in-place 8.25% cap rate and is described as an opportunity with additional upside potential through targeted improvements and rental growth.
Key Highlights
- 13 residential units in a 3‑story multifamily building
- In‑place 8.25% CAP rate reported in listing remarks
- Metal roof and vinyl siding; wood frame construction
Financial Insights For Apartment 5plus
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 | $120.2k | $17.40 |
| − Vacancy | −$6.0k | −$0.87 |
| EGI | $114.2k | $16.53 |
| − OpEx | −$51.4k | −$7.44 |
| NOI | $62.8k | $9.09 |
6,909 SF · lease $17.40/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$897.3K
$785.2K – $1.05M
NOI $62,813 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,384 @ 7.0% cap · market cap 7.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Multifamily property with 13 residential units, durable metal roof, vinyl siding, updated fire egresses, and on-site tenant parking.
Where is this apartment building located?
The property is located at 2733 Dartmouth College Highway Haverhill, NH.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 13 residential units in a 3‑story multifamily building; In‑place 8.25% CAP rate reported in listing remarks; Metal roof and vinyl siding; wood frame construction
