
216 Monument Haverhill — Photo 1 of 41
$685,000
Investment Analysis — 216 Monument
Haverhill, MA 01832
Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01832 carries an estimated $4,480/mo in gross rent — about a 5.53% cap rate and $37,883/yr in estimated NOI at the $685,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
2
SqFt
2,114
Style
Multi Family
Built
1900
Opportunity meets flexibility in this beautifully, mostly updated two-family home, located just moments from Haverhill High School, I-495, shopping, dining, and everyday conveniences. Whether you're looking to owner-occupy while creating rental income, invest, or create a comfortable multi-generational living setup, this property offers options that are hard to find.The first-floor unit features attractive modern updates and an open-concept kitchen designed for entertaining, complete with new appliances, cabinetry, quartz countertops, gas range, and a bright, inviting layout. A generously sized primary bedroom offers double closets, while the tiled bathroom includes a walk-in shower and upgraded vanity. The renovation is approximately 95% complete, leaving just a handful of finishing touches for the next owner to personalize.The second-floor unit offers two bedrooms, one full bath, mini-split-ready wiring for future cooling, and in-unit washer/dryer hookups, providing a strong foundation for future rental income, extended family living, or additional owner-occupied space.Each unit is separately metered for gas and electric and features updated gas-fired boilers, on-demand water heaters, and dedicated in-unit washer/dryer hookups an added benefit for both owner-occupants and future tenants.Outside, the possibilities continue. Complete the required secondary egress/fire escape to prepare the upper unit for rental use, or explore the potential for a charming farmer’s porch entry and additional outdoor living space.With the majority of the improvements already completed, this is a chance to step into a property with tremendous upside without starting from square one. Bring your vision, finish the final details, and take advantage of this unique opportunity to own, invest, and create something that works for the way you live.Open House 9/5 & 9/6 Saturday & Sunday | 12:00–2:30 PM
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.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Refrigerator • Microwave
Neighborhood
Highway Access • Public School
Geography
Listing Agent: Jennifer Bowles
Listing Office: Jbo Home
MLS® Number: 73570863