Sold
1-3 Ingalls Ct, Methuen, MA
Methuen · MA 01844
- $960,000
- Price
- 11
- Beds
- 5
- Baths
- 4883
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1945
Units:
5 Units
Lot size:
5,760 Sq.Ft Lot
Price per square foot:
$225 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings?a three-family and a two-family?on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors.
Neighborhood & Transit
1-3 Ingalls Ct, 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:
- $1,099,900
- Price per Sq.Ft:
- $225
- Tax Assessment:
- $944,300 in 2025
- Taxes:
- $833 / Monthly
Home Facts
Interior Features
- Bedrooms
- 11
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 4,883 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4883
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,760 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Eridania Reyes
- Listing office
- View Real Estate Group
- MLS PIN #
- 73349147
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