36-38 Pine St Methuen, MA 01844
Downtown Methuen NeighborhoodEstimated payment $5,456/month
Total Views
857
10
Beds
4
Baths
3,797
Sq Ft
$237
Price per Sq Ft
Highlights
- Medical Services
- Wood Flooring
- Shops
- Property is near public transit
- Living Room
- Shed
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,632
Year Built
- Built in 1930
Lot Details
- 8,355 Sq Ft Lot
- Street terminates at a dead end
- Level Lot
Home Design
- Quadruplex
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,797 Sq Ft Home
- Insulated Windows
- Living Room
- Wood Flooring
- Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
Parking
- 8 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- No Cooling
- 4 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
Additional Features
- Shed
- Property is near public transit
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:00612 B:00123 L:00063,4655219
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
Building Details
- Net Operating Income $48,000
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $899,900 | -- | $237 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Homes in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73420074
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 3 Bentley Cir
- 281 Broadway
- 83 Arnold St
- 63-65 Arnold St
- 4 River Place
- 16 Elsmere Ave
- 49 Nevins Rd
- 71 Mystic St Unit 4
- 20-22 Ashland Ave
- 168 Lowell St
- 177-179 Lowell St
- 100-102 Phillips St
- 61 Tower St
- 255 Oakland Ave
- 108-112 Camden St
- 117 Camden St Unit 117
- 29 Pleasant View St
- 21 Hampshire Rd Unit 313
- 21 Hampshire Rd Unit 215
- 0 Hampshire Rd
- 51 Osgood St
- 52 Pelham St Unit 1
- 66 Hampshire St Unit 1
- 70 Union St Unit 8
- 275 Broadway Unit 204
- 275 Broadway Unit 202
- 30 High St Unit 2
- 15 Tremont St
- 15 Tremont St Unit 2
- 19 Central St Unit B
- 34 Maplewood Ave Unit 34
- 9 Tower St Unit 2
- 16 Oak Ridge Ave
- 1-3 Morningside Ct
- 21 Hampshire Rd Unit 313
- 1-11 Crest Dr
- 354-358 Park St
- 9 Sampson St Unit 2
- 5 Exchange St Unit 2
- 37 Bennington St Unit 3