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1-3 Fairoaks Ave, Methuen, MA

Methuen · MA 01844

$1,000,000
Price
8
Beds
4
Baths
5398
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1901
Units: 2 Units
Lot size: 0.34 Acre Lot
Price per square foot: $203 / Sq.Ft
Parking: 2 Garage Spaces · 14 Off Street Spaces

About this home

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.

Neighborhood & Transit

1-3 Fairoaks Ave, Methuen · MA 01844

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
513 days
Listing Price:
$1,095,000
Price per Sq.Ft:
$203
Tax Assessment:
$1,126,200 in 2025
Taxes:
$993 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
5,398 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5398
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
14,985 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
14 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Jane Cresta
Listing office
Berkshire Hathaway HomeServices Verani Realty
MLS PIN #
73371863