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3 Highland Ave, Manchester MA 01944

$1,199,000

Estimated $2,783/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $399,666.67

Total Rent: 8400/year

Estimated CAP Rate:

6 Bedrooms

Baths

2926

Total Parking: 6

18,404 (0.42)

Located in beautiful Manchester-By-The-Sea just north of Boston along the scenic Massachusetts coastline, this three-family property offers a wonderful opportunity for investors, owner-occupants, or multi-generational families.All three units are located on the first floor. The same family has lived in and lovingly maintained this property over the years, giving this home a sense of history and care. Conveniently located close to beaches , major highways, schools, shopping, dining, and more, this property offers both coastal charm and everyday convenience.Bring your ideas and vision to create your next home! Whether you're looking to invest, generate rental income, or create a home for your extended family. This property offers plenty of possibilities in a desirable coastal community.Open House 10/24/2026 from 12-1:30 and Sunday 10/25/2026 from 12-1:30

This home has been viewed 6 times

Last Checked: October 22nd, 2026 at 6:38pm (Source: MLS PIN #73593669)

Gross Income: $8,400

Gross Expenses: $10,067

Net Income Calc: $1,667

Annual Expenses for 3 Highland Ave, Manchester MA 01944

Total Gross Expenses (Calculated)$10,067/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10067

Annual Income & Unit Breakdown for 3 Highland Ave, Manchester MA 01944

Total Gross Income (Calculated)$8,400

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

General Information for 3 Highland Ave, Manchester MA 01944

Listing ID73593669

Property TypeMulti Family / 3 Family

Price1199000 ($409.77/SqFt)

Style3 Family

CityManchester

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2926

Approximate Lot Size (Acres)0.42

Total Parking6

Garage Parking0

Year Built1950

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor Space

ZoningC

Water Views

Water Views Features

Waterfront0

Waterfront FeaturesRiver

Terms

Disclosures for 3 Highland Ave, Manchester MA 01944

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5D

ExclusionsSurveillance Devices

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 3 Highland Ave, Manchester MA 01944

Real Estate Taxes10067

Tax Year2026

Assessed Value$1,157,100

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 3 Highland Ave, Manchester MA 01944

Elementary SchoolManchester Memorial Elementary

Middle SchoolManchester Essex Middle School

High SchoolManchester Essex Regional High

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 3 Highland Ave, Manchester MA 01944

Agent

Name: Joyce Herman

Office

Name: J. Barrett & Company

Phone: 978-526-8555

Payment Calculator

, Interest

Property Taxes 838.92

Principal & Interest 7387.86

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Joyce Herman

Agent Phone

Office Phone

(978) 526-8555

Text Agent Call Agent Call Office

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    [description] => Located in beautiful Manchester-By-The-Sea just north of Boston along the scenic Massachusetts coastline, this three-family property offers a wonderful opportunity for investors, owner-occupants, or multi-generational families.All three units are located on the first floor. The same family has lived in and lovingly maintained this property over the years, giving this home a sense of history and care. Conveniently located close to beaches , major highways, schools, shopping, dining, and more, this property offers both coastal charm and everyday convenience.Bring your ideas and vision to create your next home! Whether you're looking to invest, generate rental income, or create a home for your extended family. This property offers plenty of possibilities in a desirable coastal community.Open House 10/24/2026 from 12-1:30 and Sunday 10/25/2026 from 12-1:30
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    [unparsed] => 3 Highland Ave, Manchester MA 01944
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EXIT

19 More Photos

Active

3 Highland Ave, Manchester MA 01944

$1,199,000

Annual Expenses for 3 Highland Ave, Manchester MA 01944

Annual Income & Unit Breakdown for 3 Highland Ave, Manchester MA 01944

General Information for 3 Highland Ave, Manchester MA 01944

Disclosures for 3 Highland Ave, Manchester MA 01944

Financial Information for 3 Highland Ave, Manchester MA 01944

Location Information for 3 Highland Ave, Manchester MA 01944

Contact Information for 3 Highland Ave, Manchester MA 01944

Agent

Office

Payment Calculator

Exclusive Listing Agent

J. Barrett & Company

Joyce Herman