Two-Family Residential Income
86-88 Eighth Ave Haverhill, MA 01830
For Sale
$599,900
Pending
Built in 1915, this two-story two-family home offers two full baths, an enclosed yard, and five off-street parking spaces.
Property Size2,024 SF
Lot Size0.15 Acres
Days on Market32
Property Features for 86-88 Eighth Ave
General Information
- Standard status
- Pending
- Size
- 2,024 SF
- Lot size
- 0.15 Acres
- Property subtype
- 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1915
Listing Agency:
Berkshire Hathaway HomeServices Verani Realty Methuen
(978) 828-1210
Listed By:
Cristino Ynfante
(978) 828-1210
Source:
Lockandkeyre
Added: Jun 26
Changed: Jul 22
Last Checked: Jul 26 at 2:39PM
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 Berkshire Hathaway HomeServices Verani Realty Methuen
Investment Insights
Based on property information with market context.
This two-family, two-story residential property was built in 1915 and provides a flexible layout with two full bathrooms. The home includes an enclosed yard and five off-street parking spaces, supporting both daily living and straightforward access for occupants.
The property is located at 86–88 Eighth Ave in Haverhill, Massachusetts, and sits on a 6,329 square foot lot. It is offered for sale as a multi-family option.
With 2,024 square feet of living area, the configuration supports a two-family residential setup within a compact lot footprint and includes enclosed outdoor space.
The property is located at 86–88 Eighth Ave in Haverhill, Massachusetts, and sits on a 6,329 square foot lot. It is offered for sale as a multi-family option.
With 2,024 square feet of living area, the configuration supports a two-family residential setup within a compact lot footprint and includes enclosed outdoor space.
Key Highlights
- Two‑family home built in 1915 offering 2,024 sq ft of living area
- 6,329 sq ft lot with an enclosed yard
- Includes two full baths
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 | $51.0k | $25.20 |
| − Vacancy | −$2.3k | −$1.13 |
| EGI | $48.7k | $24.07 |
| − OpEx | −$14.6k | −$7.22 |
| NOI | $34.1k | $16.85 |
2,024 SF · lease $25.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$487.1K
$426.2K – $568.3K
NOI $34,097 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$439.7K
$384.7K – $513.0K
NOI $30,778 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,874 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Built in 1915, this two-story two-family home offers two full baths, an enclosed yard, and five off-street parking spaces.
Where is this duplex located?
The property is located at 86-88 Eighth Ave Haverhill, MA.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑family home built in 1915 offering 2,024 sq ft of living area; 6,329 sq ft lot with an enclosed yard; Includes two full baths
