Victorian-Style
New
For Sale
$759,900
43 Highland Avenue, Haverhill, MA 01830
Two distinct residences offer varied layouts, with outdoor space that includes a yard and patio.
Property Size2,726 SF
Price / SF$278.76
Days on Market6
Property Features for 43 Highland Avenue
General Information
Standard status
Active
Size
2,726 SF
Property subtype
Multi-family
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Construction
Italianate-style Victorian
Listing Agency:
Diamond Key Real Estate
Listed By:
The Martin Duff Team
(978) 994-4440
Source:
Sarkisboston
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 7:15AM
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
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Investment Insights
Based on property information with market context.
This 2,726-square-foot duplex was built in 1900 and features Italianate Victorian architecture. The first-floor residence contains four rooms and two bedrooms. Upstairs, a townhouse-style unit provides four bedrooms, sitting rooms, and a kitchen. Hardwood flooring is present in both units.
A yard and patio extend the property’s outdoor space. The two residences have different layouts, with the upper unit arranged across townhouse-style levels.
A yard and patio extend the property’s outdoor space. The two residences have different layouts, with the upper unit arranged across townhouse-style levels.
Key Highlights
- 2,726‑square‑foot duplex built in 1900
- First‑floor unit has 4 rooms and 2 bedrooms
- Townhouse‑style upper unit includes 4 bedrooms, sitting rooms, and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,923
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$918,460
$918.5K
Cap Rate 7%
$656,043
$656.0K
Cap Rate 9%
$510,256
$510.3K
Market Conditions
NOI Build-Up for 2,726 SF
Gross rent
$68.7K $25.20/SF
− Vacancy
−$3.1K −$1.13/SF
EGI
$65.6K $24.07/SF
− OpEx
−$19.7K −$7.22/SF
NOI
$45.9K $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%
$918,460
Cap Rate 7%
$656,043
Cap Rate 9%
$510,256
Alternative Uses
Best Use
Multifamily LT 5
$656.0K
$574.0K – $765.4K
NOI $45,923 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$592.2K
$518.2K – $690.9K
NOI $41,453 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,965 @ 7.0% cap · market cap 14.87%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences offer varied layouts, with outdoor space that includes a yard and patio.
Where is this duplex located?
The property is located at 43 Highland Avenue Haverhill, MA.
What is the asking price?
The asking price for this property is $759,900.
What are key features of this property?
This property features: 2,726‑square‑foot duplex built in 1900; First‑floor unit has 4 rooms and 2 bedrooms; Townhouse‑style upper unit includes 4 bedrooms, sitting rooms, and a kitchen
