Sold for $1,000,000

$1,000,000

1 Three Fairoaks Ave, Methuen, MA 01844

8beds

5,398sqft

Multi Family

Built in 1901

-- sqft lot

$-- Zestimate^®

$185/sqft

$2,858 Estimated rent

Home value

Not available

Estimated sales range

Not available

$2,858/mo

Zestimate^® history

Owner options

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$2,858/mo

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$2,858/mo

Rent Zestimate^®

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$6,160/mo

Est. payment

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$6,160/mo

Est. payment

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What's special

This beautifully maintained 2-family home is set on the corner of Vermont & Fairoaks in one of Methuen’s most charming, tree-lined neighborhoods. Even w/ below-market rents, this property is a proven money maker offering a great opportunity for both owner-occupants & investors. Each unit features 4+ bdrms, 2 full baths, eat-in kitchen, dining rm, living rm, & bonus rms perfect for a home office or additional living space. W/ stunning craftsmanship & preserved architectural details, this home radiates character, & functionality. , This is truly a move-in-ready property w/ many major updates & system upgrades already completed. A large yard & detached garage add even more value & appeal. Located just minutes from restaurants, shopping, medical facilities, & with easy access to major highways, this home offers comfort & connectivity. Whether you choose to live in one unit and rent the other to offset your mortgage or rent both for income, this versatile property checks all the boxes.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Hot Water

Cooling

None

Appliances

Included: Range, Dishwasher, Refrigerator, Washer, Dryer

Features

Floored Attic, Walk-Up Attic, Heated Attic, Bathroom with Shower Stall, Bathroom With Tub, Slider, Crown Molding, Living Room, Dining Room, Kitchen, Office/Den
Flooring: Wood, Tile, Carpet, Hardwood
Basement: Full
Number of fireplaces: 2
Fireplace features: Wood Burning

Interior area

Total structure area: 5,398
Total interior livable area: 5,398 sqft
Finished area above ground: 5,398

Property

Parking

Total spaces: 16
Parking features: Paved Drive
Garage spaces: 2
Uncovered spaces: 14

Lot

Size: 0.34 Acres
Features: Corner Lot, Wooded, Level

Details

Parcel number: M:00914 B:00098 L:06869,3691206
Zoning: RC

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Foundation: Block, Stone
Roof: Shingle

Condition

Year built: 1901

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Community

Community features: Public Transportation, Shopping, Medical Facility

Location

Region: Methuen

HOA & financial

Other financial information

Total actual rent: 3600

Price history

Date	Event	Price
7/17/2025	Sold	$1,000,000-8.7%$185/sqft
Source: MLS PIN #73371863 Report a problem
5/30/2025	Contingent	$1,095,000$203/sqft
Source: MLS PIN #73371863 Report a problem
5/8/2025	Listed for sale	$1,095,000-8.7%$203/sqft
Source: MLS PIN #73371863 Report a problem
11/19/2024	Listing removed	$1,199,000$222/sqft
Source: MLS PIN #73277653 Report a problem
10/18/2024	Price change	$1,199,000-4.1%$222/sqft
Source: MLS PIN #73277653 Report a problem
8/14/2024	Listed for sale	$1,250,000$232/sqft
Source: MLS PIN #73277653 Report a problem