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Three-Family Residential Income Property

57-59 Moore Street Haverhill, MA 01830

57-59 Moore Street, Haverhill, MA, 01830
$800,000
For Sale
$800,000

Three-family with gas heat, replacement windows, separate utilities, and a shared yard with a newly paved driveway.

Property Size2,750 SF
Price / SF$290.91
Days on Market79

Property Features for 57-59 Moore Street

General Information

Standard status
Active
Size
2,750 SF
Property subtype
Multi-family

Building Details

Year Built
1900
Listing agency Redfin Corp.
Listed by Tommy Connors
Source Campionre
Added: May 4 Updated: Jul 20 at 4:50PM Checked: Jul 21 at 6:19AM

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 Redfin Corp.


Investment Insights

Based on property information with market context.

This three-family residential income property offers a total of 9 bedrooms across three units. The home includes updated plumbing and electric, gas heat throughout, and replacement windows. Each unit features an eat-in kitchen and a large living room on the first and second floors, while the third-floor unit also provides a true three-bedroom layout. A basement offers storage and laundry, and the property is set up with separate utilities.

Located on Moore Street in Haverhill, it is described as being within walking distance of dining, the Riverwalk, retail anchors, and bus lines, with the MBTA commuter rail listed as under one mile away. The property is also positioned on a side-street described as without through traffic.

Outside, there is a shared yard and a newly paved driveway accommodating approximately 2 to 3 vehicles.

Key Highlights

  • Three‑family home built in 1900 offering 9 bedrooms total and true separate utility service for each unit
  • Gas heat throughout and replacement windows
  • Updated plumbing and electric

Local Financial Insights For Multifamily LT 5

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 $69.3k $25.20
− Vacancy −$3.1k −$1.13
EGI $66.2k $24.07
− OpEx −$19.9k −$7.22
NOI $46.3k $16.85
2,750 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$661.8K
$579.1K – $772.1K (±1% cap)
NOI $46,327 @ 7.0% cap · market cap 5.79%
Second Best
Apartment 5plus
$597.4K
$522.7K – $697.0K (±1% cap)
NOI $41,818 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,959 @ 7.0% cap · market cap 14.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith Hotel & Motel Florist Food Market Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Travel Agency

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

FAQs

What type of property is this?
Triplex - Three-family with gas heat, replacement windows, separate utilities, and a shared yard with a newly paved driveway.
Where is this triplex located?
The property is located at 57-59 Moore Street Haverhill, MA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three‑family home built in 1900 offering 9 bedrooms total and true separate utility service for each unit; Gas heat throughout and replacement windows; Updated plumbing and electric
Contact an agent
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