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About this property
The Nichols Street Apartments for sale located at 32 1/2 Nichols St in Haverhill, MA. This property consists of two buildings on the same lot, the first building is a 2,760 SF two family with (1) two bedroom unit and (1) four bedroom unit. The second building is a 2,925 SF three family with (3) two bedroom units. Both properties are separate from eachother and equipped with all seprate utilites including water & sewer. There is off street parking spots which can fit 4 vehicles and ample on street parking. Thereis opportunity to add value by potenitally subdividing these buildings from eachother as well as raising rents to market rate. All interested parties will have theopportunity to obtain additional information upon request. Current cap rate 8.15%, pro forma cap rate 9.30%. Showings scheduled Thursday June 4th from 4-6. Please call or email to make appointment.
Property details
| Units | 5 |
| Living area | 5,685 sqft |
| Lot size | 6,116 sqft |
| Year built | 1900 |
| Price / sqft | $185 |
| County | Essex |
| MLS # | 73526079 |
Listing status
| Days on market | 4 days |
| Listed on | May 28, 2026 |
Taxes & financials
| Annual property tax | $8,717 |
| Tax year | 2025 |
| Assessed value | $813,900 |
| Zoning | RU |
| Gross income (actual) | $118,800/yr |
| Net operating income (actual) | $85,612/yr |
| Total actual rent | $9,900/mo |
Building & lot
| Stories | 6 |
| Total rooms | 27 |
| Lot size | 0.14 acres |
| Garage spaces | 0 |
| Parking spaces | 2 |
| Parking | Paved Drive, Off Street |
| Basement | Full |
| Foundation | Stone |
| Roof | Slate |
| Construction | Frame |
| Flooring | Wood |
Utilities & systems
| Heating | Baseboard |
| Sewer | Public Sewer |
| Water | Public, Individual Meter |
Location
More about investing in Haverhill →
Listing courtesy of New England Realty Advisors LLC — Bradford Carlson. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 32 1/2 Nichols, Haverhill MA 01830 have?
It is a 5-unit multi-family property with 5,685 sqft of living area, built in 1900.
How long has 32 1/2 Nichols, Haverhill MA 01830 been on the market?
32 1/2 Nichols, Haverhill MA 01830 has been listed for 4 days (since May 28, 2026).
What is the estimated cap rate on this 5-family in Haverhill?
Based on area median rents, the estimated cap rate is about 6.7%, with a Signal Score of 97/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,050,000 across 5 units, that works out to roughly $210,000 per unit.
What are the property taxes on 32 1/2 Nichols, Haverhill MA 01830?
Annual property taxes are $8,717 (2025), on an assessed value of $813,900.
What is the price per square foot?
At $1,050,000 for 5,685 sqft, that's about $185 per square foot.
Is there parking?
2 total parking spaces (paved drive, off street).
Where is this property located?
32 1/2 Nichols, Haverhill MA 01830 is in Haverhill, Essex County, MA 01830.
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