NOT LISTED FOR SALE

38 Forest St Methuen, MA 01844

Downtown Methuen Neighborhood
6 Beds
4 Baths
3,142 Sq Ft
0.25 Acres

Last Sold June 11, 2021

Last sale price $700,000 $223 Per Sq Ft

6 Days on Market

About This Home

As of June 2021

Now available...this well-maintained 4 Unit investment property in a neighborhood setting with off-street parking and a spacious shared back yard for tenants to enjoy. Two 1 bedroom units are garden-style, while the two bedroom units are townhouse-style with a large bedroom on the 2nd floor. Rent out all four units for true investment opportunity or occupy one unit and rent out the other three. Utilities are separate, Heating/Water system ~ 4 Elite Fire Tube Combi Energy Star certified, 'latest innovations in high efficiency combination space heating and hot water’, tank-free operates with 95% efficiency. Separate washer/dryer connections in basement for tenant's use. Four units are leased and one will be vacant at end of the month. Property may have been de-leaded (no paperwork) buyer to do due diligence. Convenient location with easy access to Rte 93, tax-free shopping, golf courses, bus routes, and so much more.

Last Agent to Sell the Property

Debi Malone

LAER Realty Partners Listed on: 04/21/2021

LAER Realty Partners

Last Buyer's Agent

Diane Horrigan

Trinity Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.25

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:00516 B:00154 L:00003

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 3220
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 190.64
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet, Varies Per Unit, Laminate, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Total Fbh: 4
  • No Rooms: 14
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor, Exterior Access
  • Main Lo: AN1199
  • Main So: BB3227
  • Estimated Sq Ft: 3142.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone
  • Foundation Size: unknown

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 213
  • Electric Features: 220 Volts, 100 Amps, Individually Metered
  • Heat Zones: 4
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • App Common: Washer & Dryer Hookup
  • Hea Common: Gas

Lot Info

  • Assessments: 501700.00
  • Acre: 0.25
  • Lot Size: 10820.00
  • Page: 269
  • Parcel Number: M:00516 B:00154 L:00003
  • Zoning: RD
  • Lot Description: Paved Drive, Cleared

Green Features

  • Energy Features: Insulated Windows, Storm Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 4
  • Total Levels: 6
  • Total Rent: 4800
  • Total Rms: 13
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 6743.00
  • Assessor Parcel Number: 2039963
  • Tax Year: 2020

Range of Values:

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List Price
Sold Price
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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 Change Sq Ft Price
06/11/2021 06/11/21 Sold $700,000 +16.9% $223 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $599,000 -- $191 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Debi Malone

    Seller's Agent in 2021

    Debi Malone

    Laer Realty

    (781) 929-2127

    1 in this area

    92 Total Sales

    Debi Malone
    Section Image
  • Diane Horrigan

    Buyer's Agent in 2021

    Diane Horrigan

    Trinity Real Estate

    (781) 526-6357

    1 in this area

    65 Total Sales

    Diane Horrigan
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72816415

MLS Property Information Network (MLS PIN)

Massachusetts Essex County Methuen 01844 Downtown Methuen

38 Forest St, Methuen, MA

This home is located at 38 Forest St, Methuen, MA 01844 since 21 April 2021. This property was built in 1900. 38 Forest St is a home located in Essex County with nearby schools including Tenney Grammar School, Methuen High School, and Lawrence Family Development Charter School.

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.

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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