Three-Family Residential Income
3 East Broadway Haverhill, MA 01830
3 East Broadway, Haverhill, MA, 01830
$680,000
Pending
For Sale
$680,000
Pending
Well-maintained three-family with separate utilities and off-street parking, including in-unit laundry and remodeled unit updates.
Property Size2,458 SF
Days on Market145
Property Features for 3 East Broadway
General Information
- Standard status
- Pending
- Size
- 2,458 SF
- Property subtype
- Multi-family / 3 Family
Building Details
- Year Built
- 1900
Listing agency
Real Broker MA, LLC
(413) 273-1381
Listed by
Team ROVI
(413) 273-1381
Source
Compass
Added: Feb 27 Updated: Jul 22 at 10:08AM Checked: Jul 22 at 10:08AM
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 Real Broker MA, LLC
Investment Insights
Based on property information with market context.
This well-maintained three-family property offers a flexible configuration with three rental units. Unit 1 includes 2 bedrooms, 1 bath, and in-unit laundry. Unit 2 has 3 bedrooms and 1 bath and was fully remodeled in 2025 with a new kitchen, updated bathroom, new flooring, fresh paint, and a dishwasher. Unit 3 is a studio with a bath and has recent flooring and paint updates. Additional first-floor improvements within the past two years include granite countertops, an updated bathroom, new flooring, and fresh paint.
Separate utilities and off-street parking provide added convenience for both ownership and management. The property is sold as-is, where-is, and is currently tenant occupied.
Showings require 24-hour notice. Group showings are scheduled for Saturday 2/28 from 10:00–12:00 and Sunday 3/1 from 12:00–2:00.
Separate utilities and off-street parking provide added convenience for both ownership and management. The property is sold as-is, where-is, and is currently tenant occupied.
Showings require 24-hour notice. Group showings are scheduled for Saturday 2/28 from 10:00–12:00 and Sunday 3/1 from 12:00–2:00.
Key Highlights
- Well‑maintained three‑family with separate utilities and off‑street parking
- Unit 1: 2BD/1BA with in‑unit laundry
- Unit 2: 3BD/1BA fully remodeled in 2025 with a new kitchen, updated bathroom, new flooring, fresh paint, and dishwasher
Local Financial Insights For Multifamily LT 5
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 | $61.9k | $25.20 |
| − Vacancy | −$2.8k | −$1.13 |
| EGI | $59.2k | $24.07 |
| − OpEx | −$17.7k | −$7.22 |
| NOI | $41.4k | $16.85 |
2,458 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$591.5K
$517.6K – $690.1K
NOI $41,408 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$534.0K
$467.2K – $623.0K
NOI $37,377 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$1.46M
$1.27M – $1.70M
NOI $101,859 @ 7.0% cap · market cap 14.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Well-maintained three-family with separate utilities and off-street parking, including in-unit laundry and remodeled unit updates.
Where is this triplex located?
The property is located at 3 East Broadway Haverhill, MA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Well‑maintained three‑family with separate utilities and off‑street parking; Unit 1: 2BD/1BA with in‑unit laundry; Unit 2: 3BD/1BA fully remodeled in 2025 with a new kitchen, updated bathroom, new flooring, fresh paint, and dishwasher
