Four-Unit Multifamily Property

34-38 South Chestnut Street, Haverhill, MA 01835

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For Sale

$1,150,000

Four-unit property on a large lot near local amenities.

Type:Multi-family

Property size:

4,600 SF

Lot size:

0.30 Acres

Price / SF:

$250/SF

HighLights

Four units total (single family home + 3‑family building) on one property.
Large 12,959 sq ft lot.
Significant income potential: $6,000 monthly from the 3‑unit building.
Four‑car garage and extra‑large parking area.
Convenient location near shops, restaurants, major highways, parks, and schools.
Proximity to Bradford Rail Trail and Merrimack River marina.

We can help!

Listing Contact

Zahidul Islam

Learn more

For Sale

$1,150,000

Four-unit property on a large lot near local amenities.

Type:Multi-family

Property size:

4,600 SF

Lot size:

0.30 Acres

Price / SF:

$250/SF

Added:: Apr 1, 2026
Days on Market:: 73
Last Refresh:: Apr 21 at 6:25 am

Property Features for 34-38 South Chestnut Street

General Information

Standard status: Active
Size: 4,600 SF
Lot size: 0.30 Acres
Property subtype: Multi-family

Building Details

Year Built: 1900

We can help!

Listing Contact

Zahidul Islam

Listing agent Zahidul Islam

Listing office Cameron Prestige,LLC

Listing date Apr 1, 2026

Source Stevebremis

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 Cameron Prestige,LLC

HighLights

Four units total (single family home + 3‑family building) on one property.
Large 12,959 sq ft lot.
Significant income potential: $6,000 monthly from the 3‑unit building.
Four‑car garage and extra‑large parking area.
Convenient location near shops, restaurants, major highways, parks, and schools.
Proximity to Bradford Rail Trail and Merrimack River marina.

Overview

This multifamily property features a single-family home and an additional three-family building, totaling four units. Situated on a 12,959-square-foot lot, the property includes a four-car garage and ample parking. The combined units generate approximately $6,000 per month in rental income. The property is located in close proximity to local shops, restaurants, major highways, a park, the Bradford Rail Trail, the Merrimack River marina, and both public and private schools. The total property size is 4,600 square feet.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$115.9k	$25.20
− Vacancy	−$5.2k	−$1.13
EGI	$110.7k	$24.07
− OpEx	−$33.2k	−$7.22
NOI	$77.5k	$16.85

4,600 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.11M

$968.7K – $1.29M (±1% cap)

NOI $77,493 @ 7.0% cap · market cap 6.74%

Second Best

Apartment 5plus

$999.3K

$874.4K – $1.17M (±1% cap)

NOI $69,949 @ 7.0% cap · market cap 6.08%

Theoretical Best

Office A

$2.72M

$2.38M – $3.18M (±1% cap)

NOI $190,623 @ 7.0% cap · market cap 16.58%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Haverhill
County: Essex
State: Massachusetts
Longitude: -71.0748756
Latitude: 42.7686896

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For sale
Quadplexes
MA
Haverhill
01835
34-38 South Chestnut Street

What type of property is this?

Quadplex - Four-unit property on a large lot near local amenities.

Where is this quadplex located?

The property is located at 34-38 South Chestnut Street Haverhill, MA.

What is the asking price?

The asking price for this property is $1,150,000.

What are key features of this property?

This property features: Four units total (single family home + 3‑family building) on one property.; Large 12,959 sq ft lot.; Significant income potential: **$6,000 monthly from the 3‑unit building.**