Well-maintained four-unit multifamily investment property in the heart of Methuen. This asset offers a mix of (1) 4-bedroom/2-bathroom townhouse unit and (3) 1-bedroom/1-bathroom units, totaling 4,074 square feet of living space on a 0.27-acre parcel. Recent property improvements, including a newer roof, windows, insulation, water heater tank, and boiler, enhance long-term value and minimize maintenance costs. Additional amenities such as off-street parking, a garage, and backyard space. Located in a high-demand residential neighborhood, the property provides seamless access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are below market, presenting an opportunity to enhance revenue by aligning rents with market levels.
Sold for $950,000
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2025 | Sold | $950,000-5%$233/sqft |
Source: MLS PIN #73336807 Report a problem | ||
| 2/20/2025 | Listed for sale | $999,900+37.9%$245/sqft |
Source: MLS PIN #73336807 Report a problem | ||
| 6/22/2021 | Sold | $725,000+11.5%$178/sqft |
Source: Agent Provided Report a problem | ||
| 4/24/2021 | Pending sale | $650,000$160/sqft |
Source:  RE/MAX International #72814172 Report a problem | ||
| 4/23/2021 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 4/22/2021 | Pending sale | $650,000$160/sqft |
Source: RE/MAX International #72814172 Report a problem | ||
| 4/14/2021 | Listed for sale | $650,000$160/sqft |
Source: RE/MAX International #72814172 Report a problem | ||
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Estimated market value
$1,023,600
