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24-26 Thorndike Street 24 Thorndike St 3 Unit Apartment Building $1,059,952 CAD ($353,317 CAD/Unit) 6.20% Cap Rate Haverhill, MA 01832



Investment Highlights
- Access & Connectivity
- Prime Merrimack Valley Location
- Off-Street Parking
- Area Amenities & Demand Drivers
- Separately Metered Utilities
- Strong Rental Demographics & Demand
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 24-26 Thorndike Street in Haverhill, MA (the “Property”). The multi-story building contains three (3) 3-Bedroom/1-Bathroom units with 2,216 square feet of gross living area in 4,908 square feet of gross area. The Property is situated upon a 0.09-acre parcel and features over five (5) off-street parking spaces. 24–26 Thorndike Street is well-positioned just outside the downtown core of Haverhill, offering strong access to the city’s central business district, neighborhood retail corridors, and surrounding residential neighborhoods. The property benefits from convenient connectivity to major regional routes including Route 125 (Main Street) and Route 110, as well as close proximity to Interstate 495, providing efficient regional access throughout the Merrimack Valley and into the greater Boston and New Hampshire markets.
Property Facts
| Price | $1,059,952 CAD | Building Class | C |
| Price Per Unit | $353,317 CAD | Lot Size | 0.09 AC |
| Sale Type | Investment | Building Size | 4,908 SF |
| Cap Rate | 6.20% | Average Occupancy | 100% |
| No. Units | 3 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1890 |
| Property Subtype | Apartment | Parking Ratio | 1.02/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,059,952 CAD |
| Price Per Unit | $353,317 CAD |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.09 AC |
| Building Size | 4,908 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 1.02/1,000 SF |
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | HAVE-000521-000319-000001 | Improvements Assessment | $745,944 CAD |
| Land Assessment | $193,403 CAD | Total Assessment | $939,347 CAD |
Property Taxes
Parcel Number
HAVE-000521-000319-000001
Land Assessment
$193,403 CAD
Improvements Assessment
$745,944 CAD
Total Assessment
$939,347 CAD
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24-26 Thorndike Street | 24 Thorndike St
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