MA > Methuen
Methuen, MA 01844,15-15 1/2 Central Street
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Methuen, MA 01844,15-15 1/2 Central Street
Methuen, MA 01844,15-15 1/2 Central Street
Methuen, MA 01844,15-15 1/2 Central Street
Methuen, MA 01844,15-15 1/2 Central Street
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Jean Cohen

Jean Cohen

+1(781) 367-7191
$ 999,900
Est. payment /mo
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15-15 1/2 Central Street Methuen, MA 01844

7 Beds

5 Baths

4,074 SqFt

UPDATED:

02/22/2025 03:20 PM

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

Acres 0.27

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

Direction Off of Pleasant St

Rooms

Basement Full, Walk-Out Access, Unfinished

Interior

Interior Features Living Room, Dining Room, Kitchen, Laundry Room

Heating Oil

Cooling Other

Flooring Vinyl, Hardwood

Appliance Range, Microwave, Refrigerator, Washer, Dryer

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

Total Parking Spaces 5

Garage Yes

Building

Lot Description Corner Lot

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Alvarez Real Estate Group LLC
agent

Jean Cohen

Advisor | License ID: 9082077

+1(781) 367-7191

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15-15 1/2 Central Street