Seller's Agent in 2023
Larry Marocco
Minco Commercial
(978) 479-3137
1 in this area
8 Total Sales
262 Broadway Methuen, MA 01844
Downtown Methuen Neighborhood
11
Beds
21
Baths
13,772
Sq Ft
0.79
Acres
Highlights
- 0.79 Acre Lot
- Gentle Sloping Lot
- 3-minute walk to Spicket Falls River Walk Park
- 1 Fireplace
About This Home
As of July 2023Pay attention. Mixed-use property consisting of four buildings containing four commercial units and eleven one bedroom units. Parking on site for 50 cars. Potential redevelopment site. All units include heat and hot water. Details made available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,000
Year Built
- Built in 1909
Lot Details
- 0.79 Acre Lot
- Gentle Sloping Lot
Home Design
- Stone Foundation
Interior Spaces
- 13,772 Sq Ft Home
- 1 Fireplace
Bedrooms and Bathrooms
- 11 Bedrooms
Parking
- 50 Car Parking Spaces
- Off-Street Parking
Listing and Financial Details
- Total Actual Rent $19,000
- Rent includes unit 1(heat hot water), unit 2(heat hot water), unit 3(heat hot water), unit 4(heat hot water)
- Assessor Parcel Number 61212019, 19A, 20A
Community Details
Overview
- 15 Units
- Property has 1 Level
Building Details
- Operating Expense $56,000
- Net Operating Income $172,000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2023 07/21/23 | Sold | $2,000,000 | -16.6% | $145 / Sq Ft |
| 03/13/2023 03/13/23 | Pending | -- | -- | -- |
| 02/03/2023 02/03/23 | For Sale | $2,399,000 | 0.0% | $174 / Sq Ft |
| 01/08/2015 01/08/15 | Rented | $900 | 0.0% | -- |
| 01/08/2015 01/08/15 | For Rent | $900 | -- | -- |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Larry Marocco
-
Maureen Collins
M
Buyer's Agent in 2023
Maureen Collins
William Raveis R.E. & Home Services
(978) 886-7679
1 in this area
10 Total Sales
-
Seller's Agent in 2015
Johan Lopez
Home Shop Properties, Inc.
(978) 804-7425
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73076075
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