348-350 & 352-354 Haverhill Street

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Address: 348-350 & 352-354 Haverhill Street
Boston & New England + Apartment Buildings
Created date: September 8, 2026
Date last updated: September 22, 2026
Price: $2,785,000Investment Analyzer NEW!
  • Below-Market Rents
  • All 14 Units Occupied
  • Tenants Pay Their Own Electric
  • 1920 Two-Building Portfolio
  • Central to the Merrimack Valley

Property Description

Northeast Private Client Group, Inc. is pleased to present 348-350 & 352-354 Haverhill Street, a 14-unit multifamily portfolio spread across two buildings built in 1920 in Lawrence, Massachusetts — the largest city in the Merrimack Valley, set on the north side of the Merrimack River about thirty miles north of Boston. The portfolio is offered at $2,785,000, a 6.50% cap on current income. The two buildings together hold fourteen apartments — five studios, seven one-bedrooms, and two two-bedroom units — a mix that tracks the deep, working-class rental demand of a city where the large majority of households rent. Tenants pay their own electricity, while ownership covers water and sewer, keeping the operating profile straightforward. Current rents sit below the local market, so marking each unit to market as leases turn creates a clear runway to higher income without repositioning the asset. The portfolio's downtown-Lawrence setting places residents within walking distance of Essex Street retail, Lawrence General Hospital, and Northern Essex Community College, with commuter rail and Interstate 495 close at hand. 348-350 & 352-354 Haverhill Street offers a stabilized value-add multifamily investment in a dense, renter-majority Merrimack Valley city — durable, income-producing housing with current rents below market and a straightforward path to lifting them over time. Please reach out to the deal contacts for more information.
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Broker Details

Drew Kirkland
Drew Kirkland

Northeast Private Client Group 857-990-6802

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Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $2,785,000
No. of Units: 14
Year Built: 1920
Opportunity Zone: No
Price per unit: $198,929
Property Website Click Here
Address: 348-350 & 352-354 Haverhill Street, Lawrence, MA 01840, USA
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Step 4Final Deal Analysis

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