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Home Massachusetts Multi-Family Homes for Sale

48-50 Portland St Haverhill, MA 01830
89 Days on Boardwalk PropertiesPrice Reduced $51,000
23
48-50 Portland St, Haverhill, MA 01830
View Map
$1,049,000
6 Unit
6 Beds
6 Baths
2968 SQFT
0.17 Acre

Property Description

Excellent opportunity to own a cash-flowing 6-unit investment property in the growing city of Haverhill, MA. With many recent upgrades, including a new roof and unit renovations, this is a good turnkey property with some value add opportunity and room to increase rents. The property features some off-street parking and the potential to expand the parking into the spacious backyard. Located in a desirable neighborhood with access to local amenities and public transportation, tenants find it a quiet and convenient place to live. This asset is ideal for someone looking for a solid investment that will continue to grow along with the city of Haverhill.
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Property Details tap to expand

Building Information

  • Total Units: 6
  • Total Floors: 5
  • Total Bedrooms: 6
  • Total Full Baths: 6
  • Amenities: Public Transportation, Shopping, T-Station
  • Basement Features: Full

Financial

  • APOD Available: Yes
  • Expenses Source: Accountant Provided
  • Gross Operating Income: 89952
  • Gross Expenses: 6129
  • GSE: 1900
  • Electric Expenses: 1576
  • Water/Sewer: 2087
  • Miscellaneous Expense: 566
  • Net Operating Income: 68823

Utilities

  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Floors: 3
  • Levels: 1

Unit 4 Description

  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1940
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73391323
  • Last Updated: 08/02/25

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/02/2025Active$1,049,000$353MLSPIN
07/29/2025Price Change$1,049,000$353MLSPIN
06/20/2025Active$1,100,000$371MLSPIN
06/16/2025New$1,100,000$371MLSPIN

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Map

Seller's Representative: Patrick Hermans, J. Borstell Real Estate, Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-08-02 03:05:00

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