37 Albion St Methuen, MA 01844
The East End NeighborhoodEstimated payment $4,788/month
Highlights
- Wood Flooring
- Upgraded Countertops
- Enclosed Patio or Porch
- Sun or Florida Room
- Home Office
- Combination Dining and Living Room
About This Home
Well-maintained 2-family property offering updated kitchens and bathrooms in both units. The first-floor unit includes 2 bedrooms, 1 full bath, a spacious living room, and a thoughtfully designed kitchen with modern updates and plenty of cabinet space. The second-floor unit features 3 bedrooms, 1 full bath, an open living and dining area that creates a comfortable flow, plus a versatile bonus room that works well as an office, playroom, or additional storage. Both units are currently occupied, providing steady rental income from day one. The property offers efficient layouts, well-sized rooms, and desirable updates throughout. Ideal opportunity for investors seeking reliable cash flow or buyers looking for a multi-family with strong long-term potential. Showings start at the open house 12/6 at 1:30pm.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,099
Year Built
- Built in 1900
Lot Details
- 6,281 Sq Ft Lot
- Level Lot
Home Design
- Duplex
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,500 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- Combination Dining and Living Room
- Home Office
- Sun or Florida Room
- Basement Fills Entire Space Under The House
- Washer and Dryer Hookup
Kitchen
- Range
- Dishwasher
- Upgraded Countertops
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Parking
- 4 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Outdoor Features
- Enclosed Patio or Porch
Utilities
- No Cooling
- Heating System Uses Steam
Community Details
- 2 Units
- Net Operating Income $18,000
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number M:00912 B:00082A L:00019,2047071
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $7,099 | $671,000 | $196,200 | $474,800 |
| 2024 | $6,490 | $597,600 | $179,000 | $418,600 |
| 2023 | $6,055 | $517,500 | $159,100 | $358,400 |
| 2022 | $5,568 | $426,700 | $132,600 | $294,100 |
| 2021 | $5,329 | $404,000 | $125,900 | $278,100 |
| 2020 | $4,997 | $371,800 | $125,900 | $245,900 |
| 2019 | $4,806 | $338,700 | $112,700 | $226,000 |
| 2018 | $4,476 | $313,700 | $112,700 | $201,000 |
| 2017 | $4,385 | $299,300 | $112,700 | $186,600 |
| 2016 | $4,142 | $279,700 | $106,000 | $173,700 |
| 2015 | $3,888 | $266,300 | $106,000 | $160,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2025 12/01/25 | For Sale | $800,000 | -- | $320 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $273,500 | -- | |
| Deed | $273,500 | -- | |
| Deed | $273,500 | -- | |
| Deed | $273,500 | -- | |
| Deed | $286,500 | -- | |
| Deed | $286,500 | -- | |
| Deed | $286,500 | -- | |
| Deed | $286,500 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $218,800 | Purchase Money Mortgage | |
| Closed | $218,800 | Purchase Money Mortgage |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73458499
APN: METH-000912-000082-A000019
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