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    Property profile & analytics
    OFF-MARKET Estimated value $840,000
    Investment properties

    32 Summer St, Haverhill, MA 01830-5810

    5,774 SF 0.41 ac lot Built 1900
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US38-0693574
    Property summary
    AI-generated overview

    This exceptional Haverhill, MA commercial property, located at 32 Summer Street, presents a unique investment opportunity. The iconic Mark Lawrence Studio building sits on a 0.41-acre lot and offers a blend of lucrative office space and consistent rental income from three fully occupied one-bedroom apartments. Each apartment includes heat and hot water, contributing to a stable revenue stream. Tenant convenience is enhanced by a shared washer and dryer located on the second floor. The first floor comprises a well-designed office area, featuring a reception area, two spacious offices, a kitchen, and two half-bathrooms. Additional features include a dedicated darkroom, ample storage rooms, and a pleasant garden area. Off-street parking is available for up to ten vehicles, providing convenient access for both tenants and office occupants. The property also boasts an efficient irrigation system operating on a separate water meter, minimizing operational costs. This prime location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a combination of workspace and passive income generation. The property is priced at $699,900.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1900
    Construction FRAME
    Total area 5,774 SF
    Lot 0.41 ac (17,720 SF)
    Zoning code TY
    APN HAVE M:0202 B:00036 L:2
    UPID US38-0693574
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Mark Lawrence Photographers Photography Service (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $947k
    Blend (final) Blend
    $840k
    Owner & transaction history
    6 Monroe Street LLC · 1 yrs held
    6 Monroe Street LLC
    since 2025
    4 recorded transactions
    2025
    $650,000
    2013
    2013
    2008
    $1
    Zoning & alternative use
    TY · Haverhill, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.4M +50.5%
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