Duplex with Carriage
33 Highland Avenue, Haverhill, MA 01830
For Sale
$790,000
Two apartments include separate utilities and appliances, with additional storage in the attic, basement, and garage.
Property Size3,117 SF
Price / SF$253.45
Days on Market73
Property Features for 33 Highland Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Utilities to Site
Multifamily Units
Building Details
Year Built
Listing Agency:
Diamond Key Real Estate
Listed By:
Edward Mahoney · License MA #54012
(508) 783-9472
Source:
Highlandre
Added: Sep 1
Changed: Nov 12
Last Checked: Nov 12 at 8:36AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,117-square-foot duplex contains two apartments, each with updated kitchens and bathrooms. The first-floor unit has five rooms and two to three bedrooms; the second-floor unit has six rooms and three to four bedrooms. Interior details include French doors, hardwood and parquet floors, window bays, a built-in china cabinet, and crown molding. A full walk-up attic and full basement add storage space, while separate utilities and included appliances serve the two-unit property.
A carriage house/garage provides three bays and a second-floor storage area. The property also includes a yard with mature plantings.
A carriage house/garage provides three bays and a second-floor storage area. The property also includes a yard with mature plantings.
Key Highlights
- 3,117‑square‑foot duplex with two apartments
- First‑floor unit: 5 rooms and 2‑3 bedrooms; second‑floor unit: 6 rooms and 3‑4 bedrooms
- Carriage house/garage with 3 bays and second‑floor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,510
Cap Rate
6.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,200
$1.1M
Cap Rate 7%
$750,143
$750.1K
Cap Rate 9%
$583,444
$583.4K
Market Conditions
NOI Build-Up for 3,117 SF
Gross rent
$78.5K $25.20/SF
− Vacancy
−$3.5K −$1.13/SF
EGI
$75.0K $24.07/SF
− OpEx
−$22.5K −$7.22/SF
NOI
$52.5K $16.85/SF
Area
Essex County, MA
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,050,200
Cap Rate 7%
$750,143
Cap Rate 9%
$583,444
Alternative Uses
Best Use
Multifamily LT 5
$750.1K
$656.4K – $875.2K
NOI $52,510 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$677.1K
$592.5K – $790.0K
NOI $47,398 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.85M
$1.61M – $2.15M
NOI $129,168 @ 7.0% cap · market cap 16.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,377
Businesses Nearby
Explore this area
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
$436,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Duplexes in Essex County, MA
Properties on Market for Duplexes in Essex County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments include separate utilities and appliances, with additional storage in the attic, basement, and garage.
Where is this duplex located?
The property is located at 33 Highland Avenue Haverhill, MA.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 3,117‑square‑foot duplex with two apartments; First‑floor unit: 5 rooms and 2‑3 bedrooms; second‑floor unit: 6 rooms and 3‑4 bedrooms; Carriage house/garage with 3 bays and second‑floor storage
