Great Investment or owner occupied opportunity at 512 River Street in Haverhill! This well maintained muti-family property property features 3 units, each offering 2 spacious bedrooms, generously sized kitchens and comfortable living spaces. The first floor unit stands out with a center island and double oven- perfect for cooking, entertaining, or added convenience. All three units offer functional layouts with ample room sizes that appeal to long-term tenants and owner-occupants alike. This property has a strong rental history with long-term tenants in place, providing immediate income potential. Separate utilities add ease for management and expense control. Set on a nice lot with plenty of parking, this property offers both outdoor space and practicality. Additional highlights include roof replaced, heating system & water heaters. Potential for future condo conversion- ideal for investors looking to maximize value over time (buyer to verify feasibility). Group showing 4/11 11 to 1
This home has been viewed 5 times
Last Checked: May 18th, 2026 at 4:33am (Source: MLS PIN #73497848)
Gross Income: $49,800
Gross Expenses: $7,049
Net Income Calc: $42,751
Annual Expenses for 512 River St, Haverhill MA 01832
Total Gross Expenses (Calculated)$7,049/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7049
Annual Income & Unit Breakdown for 512 River St, Haverhill MA 01832
Total Gross Income (Calculated)$49,800
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
Unit 3
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor3
Levels in Unit3
Rent IncludesHeat
General Information for 512 River St, Haverhill MA 01832
Listing ID73497848
Property TypeMulti Family / 3 Family
Price799000 ($287.1/SqFt)
Style3 Family
CityHaverhill
CountyEssex
Neighborhood(s)
Approximate Living Area Total2783
Approximate Lot Size (Acres)0.27
Total Parking4
Garage Parking0
Year Built1920
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningN/A
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 512 River St, Haverhill MA 01832
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsRefrigerator And Some Personal Belongings
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 512 River St, Haverhill MA 01832
Real Estate Taxes7049
Tax Year2025
Assessed Value$658,200
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 512 River St, Haverhill MA 01832
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 512 River St, Haverhill MA 01832