Two-Family Residential Income
3 New Hampshire Ave Haverhill, MA 01835
3 New Hampshire Ave, Haverhill, MA, 01835
$650,000
Pending
For Sale
$650,000
Pending
Well-maintained two-family home with separate utilities, updated interiors, and outdoor space including porches and a rear deck.
Property Size2,689 SF
Days on Market29
Property Features for 3 New Hampshire Ave
General Information
- Standard status
- Pending
- Size
- 2,689 SF
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1900
Listing agency
Diamond Key Real Estate
(508) 783-9472
Listed by
Edward Mahoney · License #452508574
(508) 783-9472
Source
Iverty
Added: Jun 24 Updated: Jul 21 at 3:32AM Checked: Jul 21 at 3:32AM
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 Diamond Key Real Estate
Investment Insights
Based on property information with market context.
This spacious, well-maintained two-family residence features vinyl siding, replacement windows, and a new roof. Each unit includes five rooms with two to three bedrooms and a pantry, with hardwood floors and updated bathrooms. Separate utilities provide added convenience between the units.
The property offers outdoor living with generous front porches and a private rear deck overlooking a fenced yard. Additional space includes an attic with three rooms, two finished, and both front and back staircases that can support storage or flexible use.
The second-floor unit is vacant, providing an owner-occupant option or immediate rental income. Move-in condition is cited in the listing remarks.
The property offers outdoor living with generous front porches and a private rear deck overlooking a fenced yard. Additional space includes an attic with three rooms, two finished, and both front and back staircases that can support storage or flexible use.
The second-floor unit is vacant, providing an owner-occupant option or immediate rental income. Move-in condition is cited in the listing remarks.
Key Highlights
- Well‑maintained 2‑family home (built in 1900) with separate utilities for each unit
- Each unit has 5 rooms with 2–3 bedrooms and a pantry
- Updates include replacement windows, updated bathrooms, and a new roof
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 | $67.8k | $25.20 |
| − Vacancy | −$3.0k | −$1.13 |
| EGI | $64.7k | $24.07 |
| − OpEx | −$19.4k | −$7.22 |
| NOI | $45.3k | $16.85 |
2,689 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$647.1K
$566.2K – $755.0K
NOI $45,299 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$584.1K
$511.1K – $681.5K
NOI $40,890 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$1.59M
$1.39M – $1.86M
NOI $111,431 @ 7.0% cap · market cap 17.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-family home with separate utilities, updated interiors, and outdoor space including porches and a rear deck.
Where is this duplex located?
The property is located at 3 New Hampshire Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Well‑maintained 2‑family home (built in 1900) with separate utilities for each unit; Each unit has 5 rooms with 2–3 bedrooms and a pantry; Updates include replacement windows, updated bathrooms, and a new roof
