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34-38 South Chestnut Street, Haverhill MA 01835

$1,175,000

Estimated $2,599.59/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $293,750

Total Rent: 107400/year

Estimated CAP Rate: 7.66%

10 Bedrooms

4 Full, 1 Half Baths

4,600 SqFt

Total Parking: 14 (4 Garage)

12,959 SqFt

Rare find with this Single family home plus an additional 3 family building, totaling 4 units! In a HUGE 12,959SqFt lot. This investors dream Cash Cow brings almost $9k every month. Extra large parking with 4 car garage. One of the garage brings additional yearly income $4,800 !! Property located at close proximity to local Shops, Restaurant, Major highway, Park, Bradford Rail Trail, Merrimack River marina, Public & Private School and many more. GROUP SHOWING SATURDAY NOV 2nd 10am TO 12pm. Due to Tenants different work schedule Landlord likes to show the all units at same day & time. Please confirm by showing time.

This home has been viewed 89 times

Last Checked: February 26th, 2025 at 5:18am (Source: MLS PIN #73307168)

Gross Income: $107,400

Gross Expenses: $17,429

Net Income Calc: $89,971

CAP Rate: 7.66%

Annual Expenses for 34-38 South Chestnut Street, Haverhill MA 01835

Total Gross Expenses (Calculated)$17,429/year

APOD AvailableNo

Heating

Electricity$720

Water$3,000

Gas$3,000

Insurance$5,377

Sewer$3,000

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,332

Annual Income & Unit Breakdown for 34-38 South Chestnut Street, Haverhill MA 01835

Total Gross Income (Calculated)$107,400

Unit 1

Rental Income$3,000

LeaseN

Bedrooms4

Bathrooms2 Full

Floor0

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$1,950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$2,100

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$1,900

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 34-38 South Chestnut Street, Haverhill MA 01835

Listing ID73307168

Property TypeMulti Family / 4 Family

Price$1,175,000 ($255.43/SqFt)

Style4 Family

CityHaverhill

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total4,600 SqFt

Approximate Lot Size (Acres)0.3 acres

Total Parking14 (4 Garage)

Garage Parking4 / Detached

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsStone

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpaceDeck - Roof, Porch

ZoningF7

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 34-38 South Chestnut Street, Haverhill MA 01835

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureLA & Owner never measured the living area, buy

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$9,097

Total Gross Income By Broker$108,000

Total Net Income By Broker$108,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 34-38 South Chestnut Street, Haverhill MA 01835

Real Estate Taxes$8,332

Tax Year2024

Assessed Value$783,100

Financial Data Source

Total Gross Expenses By Broker$9,097

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$108,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$108,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)7.66%

Location Information for 34-38 South Chestnut Street, Haverhill MA 01835

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Stable(s), Private School, University, Sidewalks

Contact Information for 34-38 South Chestnut Street, Haverhill MA 01835

Agent

Name: Zahidul Islam

MLS ID: CN230582

Office ID: AN4281

National Association ID: 452018049

Address: 1 Cypress Street

City: Haverhill

State: MA

Zip: 01830

Office

Name: Cameron Prestige, LLC

MLS Office ID: AN4281

Phone: 857-331-5127

Payment Calculator

, Interest

Property Taxes 694.33

Principal & Interest 7239.98

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Cameron Prestige, LLC

Zahidul Islam

Agent Phone

Office Phone

(857) 331-5127

Text Agent Call Agent Call Office

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[uffi] => Array
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        )

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EXIT

Withdrawn

34-38 South Chestnut Street, Haverhill MA 01835

$1,175,000

Annual Expenses for 34-38 South Chestnut Street, Haverhill MA 01835

Annual Income & Unit Breakdown for 34-38 South Chestnut Street, Haverhill MA 01835

General Information for 34-38 South Chestnut Street, Haverhill MA 01835

Disclosures for 34-38 South Chestnut Street, Haverhill MA 01835

Financial Information for 34-38 South Chestnut Street, Haverhill MA 01835

Location Information for 34-38 South Chestnut Street, Haverhill MA 01835

Contact Information for 34-38 South Chestnut Street, Haverhill MA 01835

Agent

Office

Payment Calculator

Exclusive Listing Agent

Cameron Prestige, LLC

Zahidul Islam