Overview Property Details Payment Calculator Walkability

Active

48-50 Portland St, Haverhill MA 01830

$1,100,000

Estimated $2,440.89/month Calculator

Multi Family

Total Units: 6

Price Per Unit: $183,333.33

Total Rent: 62652/year

Estimated CAP Rate: 4.42%

6 Bedrooms

6 Full Baths

2,968 SqFt

Total Parking: 4

7,453 SqFt

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 ...

This home has been viewed 15 times

Last Checked: June 21st, 2025 at 6:08am (Source: MLS PIN #73391323)

Gross Income: $62,652

Gross Expenses: $14,016

Net Income Calc: $48,636

CAP Rate: 4.42%

Annual Expenses for 48-50 Portland St, Haverhill MA 01830

Total Gross Expenses (Calculated)$14,016/year

APOD AvailableYes

Heating

Electricity$1,576

Water$2,087

Gas$2,087

Insurance

Sewer$2,087

Trash Removal

Repair & Maintenance

Management

Miscellaneous$566

Real Estate Tax$7,887

Annual Income & Unit Breakdown for 48-50 Portland St, Haverhill MA 01830

Total Gross Income (Calculated)$62,652

Unit 1

Rental Income$1,500

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,250

LeaseN

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$1,185

Lease

Bedrooms1

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$1,286

Lease

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

General Information for 48-50 Portland St, Haverhill MA 01830

Listing ID73391323

Property TypeMulti Family / 5+ Family

Price$1,100,000 ($370.62/SqFt)

Style5-9 Family

CityHaverhill

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,968 SqFt

Approximate Lot Size (Acres)0.17 acres

Total Parking4

Garage Parking

Year Built1940

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningUNKWN

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 48-50 Portland St, Haverhill MA 01830

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceAccountant

Total Gross Expenses By Broker$6,129

Total Gross Income By Broker$89,952

Total Net Income By Broker$68,823

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 48-50 Portland St, Haverhill MA 01830

Real Estate Taxes$7,887

Tax Year2025

Assessed Value$736,400

Financial Data SourceAccountant

Total Gross Expenses By Broker$6,129

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$89,952

BostonRealEstate.com Gross Income

Total Net Income By Broker$68,823

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)4.42%

Location Information for 48-50 Portland St, Haverhill MA 01830

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesShopping, Public Transportation, T-station

Contact Information for 48-50 Portland St, Haverhill MA 01830

Agent

Name: Patrick Hermans

MLS ID: CN225762

Office ID: G80038

National Association ID: 456015227

Address: 429 Abbott Street

City: North Andover

State: MA

Zip: 01845

Office

Name: J. Borstell Real Estate, Inc.

MLS Office ID: G80038

Phone: 978-502-8045

Payment Calculator

$7,435.10 per month

30 Years Fixed, 6.75% Interest

Property Taxes $657.25

Principal & Interest $6,777.85

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Borstell Real Estate, Inc.

Patrick Hermans

Agent Phone

Office Phone

(978) 502-8045

Text Agent Call Agent Call Office

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EXIT

Active

48-50 Portland St, Haverhill MA 01830

$1,100,000

Annual Expenses for 48-50 Portland St, Haverhill MA 01830

Annual Income & Unit Breakdown for 48-50 Portland St, Haverhill MA 01830

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Financial Information for 48-50 Portland St, Haverhill MA 01830

Location Information for 48-50 Portland St, Haverhill MA 01830

Contact Information for 48-50 Portland St, Haverhill MA 01830

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J. Borstell Real Estate, Inc.

Patrick Hermans