Attention all investors; highly motivated seller! Don't miss out on this 5-unit multifamily turnkey opportunity. This fully tenanted at will asset collects just shy of $115,000 in annual income with all utilities seperated, including water! The building consists of 4x2-bed/1 bath and 1x3-bed/1bath units with lead certs in hand. The property includes an on-site washer and dryer for tenant convenience and offers ample off-street parking, ensuring each tenant has a designated space for one vehicle. Reach out to listing agent for more info and to schedule a showing.
This home has been viewed 74 times
Last Checked: September 5th, 2025 at 12:53am (Source: MLS PIN #73338222)
Gross Income: $92,400
Gross Expenses: $10,157
Net Income Calc: $82,243
CAP Rate: 8.22%
Annual Expenses for 151 Franklin, Haverhill MA 01830
Total Gross Expenses (Calculated)$10,157/year
APOD AvailableNo
Heating
Electricity$1,140
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$9,017
Annual Income & Unit Breakdown for 151 Franklin, Haverhill MA 01830
Total Gross Income (Calculated)$92,400
Unit 1
Rental Income$1,850
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income$1,900
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$1,950
LeaseN
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit1
HeatingYes
Rent Includes
Unit 4
Rental Income$2,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent Includes
General Information for 151 Franklin, Haverhill MA 01830
Listing ID73338222
Property TypeMulti Family
Price$999,999 ($259.2/SqFt)
Style5+ Family - 5+ Units Up/down
CityHaverhill
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total3,858 SqFt
Approximate Lot Size (Acres)0.14 acres
Total Parking6
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual,Approximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Brick
Lot FeaturesOther
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor SpaceDeck
ZoningRU
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 151 Franklin, Haverhill MA 01830
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$1,140
Total Gross Income By Broker$114,960
Total Net Income By Broker$114,960
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation1.5%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 151 Franklin, Haverhill MA 01830
Real Estate Taxes$9,017
Tax Year2025
Assessed Value$841,900
Financial Data Source
Total Gross Expenses By Broker$1,140
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$114,960
BostonRealEstate.com Gross Income
Total Net Income By Broker$114,960
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.22%
Location Information for 151 Franklin, Haverhill MA 01830
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 151 Franklin, Haverhill MA 01830