Six-Unit Multifamily
5-7 Arlington Street Haverhill, MA 01830
5-7 Arlington Street, Haverhill, MA, 01830
$1,270,000
For Sale
$1,270,000
Six-unit multifamily property with 14 bedrooms and six bathrooms, sold as-is.
Property Size5,025 SF
Lot Size0.08 Acres
Price / SF$252.74
Days on Market12
Property Features for 5-7 Arlington Street
General Information
- Standard status
- Active
- Size
- 5,025 SF
- Lot size
- 0.08 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing Agency
Northeast Private Client Group,LLC
Listed by
Patrick Wheeler
Source
Eganrealtygroup
Added: Jul 5 Checked: Jul 15 at 5:22 pm
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 Northeast Private Client Group,LLC
Investment Insights
Based on property information with market context.
This six-unit multifamily property offers approximately 5,025 SF of living space and includes 14 bedrooms and six bathrooms. The building is arranged with three 2-bedroom/1-bath units and three 3-bedroom/1-bath units, providing a mix of unit sizes within the same structure. The property is being sold in as-is condition following a foreclosure take-back.
The lot includes approximately 3,640 SF of land. It is located in a highly walkable neighborhood in Haverhill with convenient access to Downtown Haverhill dining, retail, and services. Northern Essex Community College is approximately 2.5 miles away, and MBTA commuter rail provides regional transit access for tenants. Three shopping centers are within 0.4 miles, and five parks are within 9.2 miles, including Bradford Ski Area and Smolak Farms.
Prospective buyers should conduct their own due diligence, as the property is sold as-is.
The lot includes approximately 3,640 SF of land. It is located in a highly walkable neighborhood in Haverhill with convenient access to Downtown Haverhill dining, retail, and services. Northern Essex Community College is approximately 2.5 miles away, and MBTA commuter rail provides regional transit access for tenants. Three shopping centers are within 0.4 miles, and five parks are within 9.2 miles, including Bradford Ski Area and Smolak Farms.
Prospective buyers should conduct their own due diligence, as the property is sold as-is.
Key Highlights
- 6‑unit multifamily property with approx. 5,025 SF living space
- 14 bedrooms and 6 bathrooms total across three 2BR/1BA units and three 3BR/1BA units
- Approx. 3,640 SF lot
Local Financial Insights For Apartment 5plus
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 | $144.7k | $28.80 |
| − Vacancy | −$5.8k | −$1.15 |
| EGI | $138.9k | $27.65 |
| − OpEx | −$62.5k | −$12.44 |
| NOI | $76.4k | $15.21 |
5,025 SF · lease $28.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.09M
$955.2K – $1.27M
NOI $76,412 @ 7.0% cap · market cap 6.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.97M
$2.60M – $3.47M
NOI $208,235 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six-unit multifamily property with 14 bedrooms and six bathrooms, sold as-is.
Where is this apartment building located?
The property is located at 5-7 Arlington Street Haverhill, MA.
What is the asking price?
The asking price for this property is $1,270,000.
What are key features of this property?
This property features: 6‑unit multifamily property with approx. 5,025 SF living space; 14 bedrooms and 6 bathrooms total across three 2BR/1BA units and three 3BR/1BA units; Approx. 3,640 SF lot
