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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%.

More Info

Basic Information

  • Gross Income $118,800
  • Mls StatusNew

Tax Information

  • Tax Assessed Value $813,900
  • Tax Year 2025
  • Taxes$8,717

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces2

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms12
  • Full Bath5

Basic Information

  • List Price$1,050,000
  • MLS Number73526079
  • Modification Date05/28/2026
  • Property SubType5-9 Family

Location

  • Address32 1/2 Nichols
  • Building Number32 1/2
  • CountyEssex
  • StateMA
  • StreetNichols
  • TownHaverhill
  • Zip01830

Building

  • BasementFull
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationStone
  • Levels 6
  • Rooms27
  • Stories6
  • Units5
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Property

  • Acreage0.14

Interior

  • Flooring Wood

Exterior

  • RoofSlate

Utilities

  • Heat SystemYes
  • Heating Baseboard
  • Sewer Public Sewer
  • Water Source Public, Individual Meter

Property Information

  • Building Area Source Public Records
  • Living Area 5,685
  • Lot Size Square Feet 6,116
  • Lot Size Units Acres
  • Square Feet5,685

Amenities

  • Other AmenitiesBasement, Fireplace

Legal

  • ZoningRU

Other

  • Date Listed05/28/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Bradford Carlson of New England Realty Advisors LLC

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