$1,299,000
PENDING $51K PRICE DROP

Estimated payment $7,811/month

Total Views 15,088
18 Beds
6 Baths
7,520 Sq Ft
$173 Price per Sq Ft

Highlights

  • Property is near public transit
  • Corner Lot
  • Park

About This Home

Don’t miss this rare opportunity to own a well-performing six-family property in a desirable location near the Methuen line, offered at $1,299,000. Each of the six spacious units features 3 bedrooms and 1 full bath, appealing to quality tenants. Three units have been updated within the past two years, adding value and rental upside.Tenants pay their own utilities, keeping owner expenses low and maximizing cash flow. The property also offers approximately 8 off-street parking spaces, a major perk in this area. Conveniently located near shopping, dining, and major highways, this turnkey property delivers both strong rental income and long-term investment potential.

Listing Agent

Olivares & Molina Team

Realty One Group Nest Listed on: 04/11/2025

Realty One Group Nest

Co-Listing Agent

Johnny Rivas

Realty One Group Nest

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,629

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Corner Lot

Home Design

  • 7,520 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • Property is near public transit
  • 6 Heating Zones

Listing and Financial Details

  • Assessor Parcel Number M:0224 B:0000 L:0004,4211788

Community Details

Overview

  • 6 Units
  • Property has 1 Level

Recreation

  • Park

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,629

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Levels: 5
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Varies
  • Fireplace YN: No
  • Total Bedrooms: 18
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 7520
  • Living Area: 7520
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6420
  • LIST PRICE PER Sq Ft: 172.74
  • PRICE PER Sq Ft: 172.74

Exterior Features

  • Construction Materials: Frame, Concrete
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0224 B:0000 L:0004,4211788
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • PAGE: 285

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7629
  • Tax Book Number: 17717

Multi Family

  • Number Of Units Total: 6
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Pending -- -- --
05/21/2025 05/21/25 Price Changed $1,299,000 -3.8% $173 / Sq Ft
04/11/2025 04/11/25 For Sale $1,350,000 +45.3% $180 / Sq Ft
04/14/2023 04/14/23 Sold $929,000 -2.1% $124 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
10/24/2022 10/24/22 For Sale $949,000 -- $126 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73358630

MLS Property Information Network (MLS PIN)

APN: LAWR M:0224 B:0000 L:0004