15-15 1/2 Central Street new Save Request In-Person Tour Request Virtual Tour
Methuen,MA 01844
Key Details
Property Type Multi-Family
Sub Type 4 Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,074 sqft
Price per Sqft $245
MLS Listing ID 73336807
Bedrooms 7
Full Baths 5
Year Built 1900
Annual Tax Amount $8,490
Tax Year 2025
Lot Size 0.270 Acres
Property Sub-Type 4 Family
Property Description
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.
Location
State MA
County Essex
Area Central
Zoning RG
Interior
Heating Oil
Cooling Other
Flooring Vinyl,Hardwood
Laundry Gas Dryer Hookup
Exterior
Garage Spaces 1.0
Fence Fenced
Community Features Public Transportation,Shopping,Park,Medical Facility,Highway Access,Private School,Public School,Other
Utilities Available for Gas Range,for Gas Dryer
Roof Type Shingle
Building
Lot Description Corner Lot
Story 6
Foundation Stone
Sewer Public Sewer
Water Public