NOT LISTED FOR SALE

36 Forest St Unit 38 Methuen, MA 01844

Downtown Methuen Neighborhood

6 Beds

4 Baths

3,142 Sq Ft

0.25 Acres Lot

Date Sold: May 10, 2017

Last sale price $492,000 $157 Per Sq Ft

18 Days on Market

About This Home

As of May 2017

Very well kept investment property, occupy and rent out three units, or maximize profit and rent all four units. Excellent Cash flow with room for improvement. Situated in a neighborhood with extremely convenient access to Rte 93 and close to major shopping centers. Utilities are separate, newer Heating/Water system (less than two years old) 4 Energy Star certified latest innovations in high efficiency combination space heating and hot water, tank-free operates with 95% efficiency. Roof (less than two years old), vinyl siding and replacement windows, newer flooring and freshly painted unit. Separate washer/dryer connections. Large back yard is an attractive feature for many tenants. Don't miss out on this great opportunity to own a rare four plex in a neighborhood setting.

Last Agent to Sell the Property

Ron Morrison

MA Real Estate Center Listed on: 03/08/2017

Last Buyer's Agent

Debi Malone

LAER Realty Partners

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0.25 Acres

Listing Details

Lot Description: Paved Drive
Property Type: Multi-family
Other Agent: 1.00
Lead Paint: Unknown
Special Features: None
Property Sub Type: MultiFamily
Stories: 6
Year Built: 1900

Interior Features

Has Basement: Yes
Number of Rooms: 14
Amenities: Public Transportation, Shopping, Golf Course, Highway Access
Electric: 220 Volts, 100 Amps, Individually Metered
Energy: Insulated Windows, Storm Doors
Flooring: Wood, Vinyl, Wall to Wall Carpet
Basement: Full, Walk Out, Concrete Floor
Total Levels: 6

Exterior Features

Roof: Asphalt/Fiberglass Shingles
Construction: Frame
Exterior: Vinyl
Foundation: Fieldstone

Garage/Parking

Parking Spaces: 6

Utilities

Hot Water: Natural Gas, Tankless
Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup
Sewer: City/Town Sewer
Water: City/Town Water

Condo/Co-op/Association

Total Units: 4

Lot Info

Zoning: RD

Multi Family

Foundation: unknown
Common Room: Laundry
Total Bedrooms: 6
Total Floors: 6
Total Full Baths: 4
Total Levels: 2
Total Rms: 13
Total Rent_1: 4128

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date	Event	Price	List to Sale	Price per Sq Ft	Prior Sale
05/10/2017 05/10/17	Sold	$492,000	-0.6%	$157 / Sq Ft
03/26/2017 03/26/17	Pending	--	--	--
03/08/2017 03/08/17	For Sale	$495,000	+31.3%	$158 / Sq Ft
09/12/2014 09/12/14	Sold	$376,900	+1.9%	$120 / Sq Ft	View Prior Sale
08/13/2014 08/13/14	Pending	--	--	--
05/16/2014 05/16/14	For Sale	$369,900	--	$118 / Sq Ft

Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year	Tax Paid	Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.	Land	Improvement
2025	$8,258	$780,500	$209,600	$570,900
2024	$7,919	$729,200	$191,200	$538,000
2023	$7,701	$658,200	$170,000	$488,200
2022	$6,639	$508,700	$141,600	$367,100
2021	$6,617	$501,700	$134,600	$367,100
2020	$6,743	$501,700	$134,600	$367,100
2019	$6,578	$463,600	$120,400	$343,200
2018	$5,047	$353,700	$120,400	$233,300
2017	$5,182	$353,700	$120,400	$233,300
2016	$5,133	$346,600	$113,300	$233,300
2015	$4,561	$312,400	$113,300	$199,100

Source: Public Records

Agents Affiliated with this Home

Seller's Agent in 2017

Ron Morrison

MA Real Estate Center

(978) 815-6965

48 Total Sales

Ron Morrison
Buyer's Agent in 2017

Debi Malone

Laer Realty

(781) 929-2127

1 in this area

96 Total Sales

Debi Malone
Seller's Agent in 2014

Brian Emmons

Nxt Mov Real Estate

(978) 475-5400

8 Total Sales

Brian Emmons

See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72128928

APN: METH M:00516 B:00154 L:00003

Massachusetts Essex County Methuen 01844 Downtown Methuen

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