Active
34 Days on market
721 River St Haverhill — Photo 1 of 38

721 River St Haverhill — Photo 1 of 38

Recent Drop: $85,000

$450,000
$365,000

$365,000

Investment Analysis — 721 River St

Haverhill, MA 01832

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 3-bedroom in 01832 carries an estimated $2,690/mo in gross rent — about a 5.48% cap rate and $19,990/yr in estimated NOI at the $365,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

1

SqFt

1,316

Style

Single Family

Built

1940

Attention Flippers and Contractors.Welcome to this 3-bedroom ranch home in a well desired neighborhood in Haverhill. This hidden gem boasts a newer roof, all new doors and basement windows. The kitchen was renovated approximately five years ago. To include new flooring and granite counter tops. A new pull down ladder for attic access for extra storage.New carpeting in the living room and one bedroom, and the porch room as well. Whether you are enjoying the ambience of the large living room next to the wood stove on a cold winter’s night. Or in the yard in the spring enjoying the tranquil private setting that boasts a garden and multiple fruit trees. Close to all major highways and public Transportation. This home is priced right and will not last long.

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 658 sq ft (the lesser of 900 sq ft or half the 1,316 sq ft principal dwelling). Lot size: 12,802 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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

Original Price$450,000
Annual Taxes$4,543

Parking

Garage1
Off-Street5

Interior Specifications

Total Rooms6
FireplacesNone
FlooringTile, Carpet, Laminate, Hardwood
BasementFull

Climate & Utilities

HeatingHot Water, Oil, Wood Stove
CoolingWindow Unit(s), Wall Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock, Stone
ZoningRD

Property & Lot

Acres0.29
SqFt Lot12,802
Lot Features--

Amenities & Appliances

Electric Water Heater • Range • Microwave • Refrigerator • Freezer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Medical Facility • Laundromat • Highway Access

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bathroom 1
Lvl First

Property History

Price Drop
$365,000

Was $450,000

Sep 14, 2026

MLS® 73563082

Listed
$450,000

Aug 13, 2026

MLS® 73563082

Listing Provided By

Listing Agent: Peter Michals

Listing Office: Churchill Properties

MLS® Number: 73563082