MA > Methuen
Methuen, MA 01844,36-38 Pine St
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Methuen, MA 01844,36-38 Pine St
Methuen, MA 01844,36-38 Pine St
Methuen, MA 01844,36-38 Pine St
Methuen, MA 01844,36-38 Pine St
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Chapin Fish

Chapin Fish

+1(413) 528-4859
$ 899,900
Est. payment /mo
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36-38 Pine St Methuen, MA 01844

10 Beds

4 Baths

3,797 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family - 4 Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,797 sqft

Price per Sqft $237

MLS Listing ID 73420074

Bedrooms 10

Full Baths 4

Year Built 1930

Annual Tax Amount $6,632

Tax Year 2025

Lot Size 8,276 Sqft

Acres 0.19

Property Sub-Type 4 Family - 4 Units Up/Down

Property Description

Solid owner occupied four-unit multifamily investment property in Methuen center This property offers a mix of (2) 3-bedroom townhouse style units and (2) 2-bedroom garden style units, totaling 3,797 square feet of living space on a 0.19-acre parcel. Long term tenants. Newer windows, newer water heater tanks, and newer appliances. Older kitchens and baths that could use updating, and the 4 boilers are old, but everything is functional and the tenants are happy. Additional amenities such as 8 off-street parking spaces, a handy back yard storage shed, and backyard lawn area. Located in a high-demand area, the property provides easy access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are far below market rents, but once the building is spruced up, there is an opportunity to enhance revenue to $9,000.00/month. The price reflects the work needed.

Location

State MA

County Essex

Area Central

Zoning BL

Direction Pine St. is off of Lowell St. in Methuen center.

Rooms

Basement Full, Interior Entry, Dirt Floor

Interior

Interior Features Living Room, Kitchen, Laundry Room

Heating Baseboard, Natural Gas

Cooling None

Flooring Varies, Hardwood

Appliance Range, Refrigerator

Exterior

Community Features Public Transportation, Shopping, Medical Facility, Highway Access

Roof Type Shingle

Total Parking Spaces 8

Garage No

Building

Lot Description Level

Story 6

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Hart Of New England Realty
agent

Chapin Fish

Broker Associate | License ID: 9075640

+1(413) 528-4859

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