Corner Lot 5-Unit
77-79 Beach Street Haverhill, MA 01832
77-79 Beach Street, Haverhill, MA, 01832
$1,090,000
For Sale
$1,090,000
Five-unit multifamily on a corner lot with 13 bedrooms and 5.5 baths, built in 1900 and offered as-is.
Property Size5,060 SF
Lot Size0.18 Acres
Price / SF$215.42
Days on Market17
Property Features for 77-79 Beach Street
General Information
- Standard status
- Active
- Size
- 5,060 SF
- Lot size
- 0.18 Acres
- Property subtype
- Multi-family
Building Details
- Year Built
- 1900
Listing agency
Northeast Private Client Group,LLC
Listed by
Patrick Wheeler
(617) 993-4639
Source
Flowrealty
Added: Jul 5 Updated: Jul 21 at 12:40PM Checked: Jul 21 at 12:40PM
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 5-unit multifamily property is located on a corner lot and contains approximately 13 bedrooms and 5.5 baths across one 1-bedroom unit, three 2-bedroom units, and one 5-bedroom unit. Each unit includes a living room, kitchen, bedrooms, and a full bath. The building was constructed in 1900 and features vinyl siding, replacement windows, and gas forced hot water heat. Several units have undergone total renovation and modernization since the previous purchase, and the property is reported to be in average-plus overall condition with no significant deferred maintenance. The property is being sold in as-is condition, and buyers are encouraged to conduct their own due diligence.
The property sits at the intersection of Beach and Wilson Streets in Haverhill, MA.
The property sits at the intersection of Beach and Wilson Streets in Haverhill, MA.
Key Highlights
- 5‑unit multifamily on a corner lot at the intersection of Beach and Wilson Streets in Haverhill
- Approx. 5,060 SF total on 0.176 acres; built in 1900
- Unit mix: one 1‑bedroom, three 2‑bedroom, and one 5‑bedroom unit (13 bedrooms total, 5.5 baths total)
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 | $145.7k | $28.80 |
| − Vacancy | −$5.8k | −$1.15 |
| EGI | $139.9k | $27.65 |
| − OpEx | −$63.0k | −$12.44 |
| NOI | $76.9k | $15.21 |
5,060 SF · lease $28.80/SF/yr · vacancy 4.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.10M
$961.8K – $1.28M
NOI $76,944 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.00M
$2.62M – $3.49M
NOI $209,685 @ 7.0% cap · market cap 19.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit multifamily on a corner lot with 13 bedrooms and 5.5 baths, built in 1900 and offered as-is.
Where is this apartment building located?
The property is located at 77-79 Beach Street Haverhill, MA.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: 5‑unit multifamily on a corner lot at the intersection of Beach and Wilson Streets in Haverhill; Approx. 5,060 SF total on 0.176 acres; built in 1900; Unit mix: one 1‑bedroom, three 2‑bedroom, and one 5‑bedroom unit (13 bedrooms total, 5.5 baths total)
