$899,000
$29K PRICE INCREASE

20-22 Ashland Ave Methuen, MA 01844

Downtown Methuen Neighborhood

Estimated payment $5,399/month

Total Views 3,377
5 Beds
3 Baths
2,916 Sq Ft
$308 Price per Sq Ft

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • Solid Surface Countertops

About This Home

Live Smart, Earn Smart! Fully Renovated Multi-Unit Opportunity! Beautifully renovated 3 unit home offers the ideal blend of modern comfort and investment potential. Perfect for an owner-occupant or savvy investor, the property includes a spacious 3-bedroom bi-level unit alongside two stylish 1-bedroom apartments, all move-in ready with thoughtful updates throughout. Each unit features modern finishes including stone countertops, sleek new appliances, and updated kitchens and baths. The 3-bedroom unit showcases a formal living room, a dining room with generous living space across two floors. You will love the backyard as you step outside to enjoy a carefree yard with a new stone patio perfect for relaxing or entertaining, a true oasis! Whether you’re looking to live in one unit and rent the others, or lease all three, this property delivers long-term flexibility and strong income potential. A turnkey gem with the opportunity to build equity while living comfortably! This is the ONE!

Listing Agent

Olivares & Molina Team

Realty One Group Nest Listed on: 07/21/2025

Realty One Group Nest

Co-Listing Agent

Guillermo Molina

Realty One Group Nest

Co-Listing Agent

Denise Olivares

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,083

Year Built

  • Built in 1930

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,916 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number M:00614 B:00145 L:00005,2041368

Community Details

Overview

  • 3 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,083

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1930
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Flooring: Wood, Tile, Varies, Vinyl / VCT, Stone/Ceramic Tile, Hardwood
  • Interior Amenities: Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Remodeled, Living Room, Dining Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator
  • Total Bedrooms: 5
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Above Grade Finished Sq Ft: 2916
  • Living Area: 2916
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: AN6420

Exterior Features

  • Exterior Features: Varies per Unit
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Hot Water, Natural Gas, Electric
  • Electric: Circuit Breakers, Varies per Unit
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Electric, Tank, Varies Per Unit

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Public School, Other
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00614 B:00145 L:00005,2041368
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Other
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8083

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 2

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2025 12/17/25 Price Changed $899,000 0.0% $308 / Sq Ft
12/17/2025 12/17/25 For Sale $899,000 +3.3% $308 / Sq Ft
07/29/2025 07/29/25 Pending -- -- --
07/21/2025 07/21/25 For Sale $869,900 -- $298 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73407586

MLS Property Information Network (MLS PIN)
Massachusetts Essex County Methuen 01844 Downtown Methuen

20-22 Ashland Ave, Methuen, MA

For Sale

MultiFamily

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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Olivares & Molina Team
Listing Agent
Olivares & Molina Team
Section Image
Realty One Group Nest
(351) 900-7482