Investment Analysis — 33 Highland Avenue

Haverhill, MA 01830

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01830 carries an estimated $5,580/mo in gross rent — about a 5.60% cap rate and $44,262/yr in estimated NOI at the $790,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

SqFt

3,117

Style

Multi Family

Built

1900

Versatility, timeless character and exceptional craftsmanship define this remarkable two-family property. Built circa 1880 by Charles Corliss, this beautifully maintained home has stood the test of time and is now ready for its next chapter. Both spacious units retain an impressive array of original architectural details, thoughtfully preserved alongside modern updates. The first-floor unit offers 5 rooms with 2-3 bedrooms, while the second-floor unit features 6 rooms with 3-4 bedrooms. You'll find French doors, hardwood and parquet flooring, charming window bays, a built-in china cabinet, and elegant crown moldings. Updated kitchens feature granite countertops, while the bathrooms have also been modernized for today's needs. A full walk-up attic and full basement provide vast amounts of extra space. The current owner has made numerous improvements, with ongoing maintenance and preservation a clear priority. Separate utilities and all appliances are included add convenience and practicality for an owner-occupant or investor. Adding even more value is the fantastic carriage house/garage, featuring three bays plus a spacious second-floor storage area. Recent structural improvements have further enhanced this impressive outbuilding, making it a substantial and enduring asset to the property. Ample and well kept yard with mature plantings. A rare opportunity to own a piece of history with the space, functionality, and improvements today's buyers seek. The possibilities are truly exceptional. Showings begin at Open House on Saturday, September 26, from 11:00 a.m. - 12:30 p.m.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.