32 1/2 Nichols, Haverhill, MA 01830
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$1,035,000
5 Unit
12 Beds
5 Baths
5685 SQFT
0.14 Acre

Property Description

The Nichols Street Apartments for sale located at 32 1/2 Nichols St in Haverhill, MA. This property consists of two buildings on the same lot, the first building is a 2,760 SF two family with (1) two bedroom unit and (1) four bedroom unit. The second building is a 2,925 SF three family with (3) two bedroom units. Both properties are separate from eachother and equipped with all seprate utilites including water & sewer. There is off street parking spots which can fit 4 vehicles and ample on street parking. Thereis opportunity to add value by potenitally subdividing these buildings from eachother as well as raising rents to market rate. All interested parties will have theopportunity to obtain additional information upon request. Current cap rate 8.15%, pro forma cap rate 9.30%. Showings available.

Property Details tap to expand

Building Information

  • Total Units: 5
  • Total Floors: 6
  • Total Bedrooms: 12
  • Total Full Baths: 5
  • Total Fireplaces: 2
  • Basement Features: Full
  • Common Heating: Gas, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: Yes
  • Gross Operating Income: 118800
  • Gross Expenses: 27248
  • Net Operating Income: 85612

Utilities

  • Water: City/Town Water, Individual Meter, On-Site, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

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

Unit 2 Description

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

Unit 3 Description

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

Unit 4 Description

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

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Shingle, Slate
  • Flooring Type: Wood
  • Lead Paint: Certified Treated
  • Warranty: No

Other Information

  • MLS ID# 73526079
  • Last Updated: 06/29/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/29/2026Active$1,035,000$182MLSPIN
06/25/2026Price Change$1,035,000$182MLSPIN
06/20/2026Active$1,050,000$185MLSPIN
06/16/2026Back on Market$1,050,000$185MLSPIN
06/09/2026Under Agreement$1,050,000$185MLSPIN
06/01/2026Active$1,050,000$185MLSPIN
05/28/2026New$1,050,000$185MLSPIN

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Seller's Representative: Bradford Carlson, New England Realty Advisors LLC
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-06-29 03:05:00