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3-Unit Triplex with Parking
New
For Sale
$825,000

4 Avon Place, Haverhill, MA 01832

Each residence has two bedrooms and one full bathroom, with three off-street parking spaces serving the property.

Property Size1,892 SF
Price / SF$436.05
Days on Market4

Property Features for 4 Avon Place

General Information

Standard status Active
Size 1,892 SF
Total Parking Spaces 3
Property subtype 3 Family
Occupancy 100%

Units

Unit Mix 3 x 2BR/1BA
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,219

Building Details

Building Size 1,892 SF
Year Built 1890
Listing Agency: Liriano Realty
Listed By: Wendy Baez · License #449591987
Source: Kevinfruh
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 9 at 11:13PM

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 Liriano Realty

Investment Insights

Based on property information with market context.

This 3-unit residential property at 4 Avon Place contains 1,892 square feet and dates to 1890. Each unit includes two bedrooms and one full bathroom, and the property has three designated off-street parking spaces. All three units are occupied under tenant-at-will arrangements, with no leases in place.

The property is near downtown Haverhill, with restaurants, shopping, entertainment, and commuter rail access in the surrounding area.

Key Highlights

  • Three units, each with 2 bedrooms and 1 full bathroom
  • 1,892 square feet of property size
  • Three designated off‑street parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,873
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$637,460 $637.5K
Cap Rate 7%
$455,329 $455.3K
Cap Rate 9%
$354,144 $354.1K
Market Conditions
NOI Build-Up for 1,892 SF
Gross rent
$47.7K $25.20/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$45.5K $24.07/SF
− OpEx
−$13.7K −$7.22/SF
NOI
$31.9K $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%
$637,460
Cap Rate 7%
$455,329
Cap Rate 9%
$354,144

Alternative Uses

Best Use
Multifamily LT 5
$455.3K
$398.4K – $531.2K (±1% cap)
NOI $31,873 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$411.0K
$359.6K – $479.5K (±1% cap)
NOI $28,771 @ 7.0% cap · market cap 3.49%
Theoretical Best
Office A
$1.12M
$980.1K – $1.31M (±1% cap)
NOI $78,404 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Garden Center Hotel & Motel (Bike/Boat/Book/etc) Store Travel Agency Locksmith Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,239
Businesses Nearby

Demographics for 01832, MA

25,656
Population
10,735
Households
2.4
Avg Household Size
38
Median Age
28%
College-Educated
90%
High-School Grad
11.4 sq mi
ZIP Area
2,251
Density / Sq Mi
$81,141
Median Household Income
$47,151
Median Earnings
$1,612
Median Rent
$410,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence has two bedrooms and one full bathroom, with three off-street parking spaces serving the property.
Where is this triplex located?
The property is located at 4 Avon Place Haverhill, MA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Three units, each with 2 bedrooms and 1 full bathroom; 1,892 square feet of property size; Three designated off‑street parking spaces
More about this property
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