Sold

4 Central St Unit 0, Methuen, MA

Methuen · MA 01844

$600,000
Price
7
Beds
5
Baths
4786
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1850
Units: 4 Units
Lot size: 5,445 Sq.Ft Lot
Price per square foot: $131 / Sq.Ft
Parking: 8 Off Street Spaces

About this home

Magnificent Four Family with 16 rooms, 7 to 8 bedrooms and 5 bathrooms conveniently located near Greycourt State Park with easy access to major highways and to the Methuen downtown area restaurants and shops. Large first floor unit with 8 rooms, 3-4 bedrooms, beautiful fenced yard and 2 full baths makes it very desirable for an owner/occupant with significant potential income from tenants to help offset your mortgage, taxes, insurance and expenses. Currently in use for extended family occupancy, however, this property makes for an excellent investment opportunity with over $55K in projected NOI based upon estimated market rentals for all four units. In the alternative, it would be an easy condo conversion project.

Neighborhood & Transit

4 Central St, 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:
2596 days
Listing Price:
$625,000
Price per Sq.Ft:
$131
Tax Assessment:
$568,800 in 2019
Taxes:
$673 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,786 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
5,445 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
8 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
Kevin Lawless
Listing office
Stone Ridge Properties, Inc.
MLS PIN #
72502588