40-44 Forest St, Methuen, MA 01844
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40-44 Forest St, Methuen, MA 01844
40-44 Forest St, Methuen, MA 01844
40-44 Forest St, Methuen, MA 01844
40-44 Forest St, Methuen, MA 01844
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Lisa Sevajian

Lisa Sevajian

+1(978) 457-3406
$ 1,200,000
Est. payment /mo
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40-44 Forest St Methuen, MA 01844

11 Beds

5.5 Baths

5,306 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 5,306 sqft

Price per Sqft $226

MLS Listing ID 73569939

Bedrooms 11

Full Baths 5

Half Baths 1

Year Built 1890

Annual Tax Amount $11,241

Tax Year 2026

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property.

Location

State MA

County Essex

Zoning RD

Direction Lowell St. to Forest St.

Rooms

Basement Walk-Out Access

Interior

Interior Features High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Remodeled, Stone/Granite/Solid Counters, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Sunroom

Heating Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air

Cooling None

Flooring Wood, Hardwood

Appliance Range, Microwave, Refrigerator

Exterior

Exterior Feature Rain Gutters, Varies per Unit

Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Utilities Available for Gas Range

Roof Type Shingle

Total Parking Spaces 13

Garage No

Building

Story 7

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Jill & Co. Realty Group

NEARBY SCHOOL & BUSINESS

Lisa Sevajian

Lisa Sevajian

Agent License ID: 95000355

+1(978) 457-3406

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40-44 Forest St

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