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5 Wallace St # 5, Methuen MA 01844

Commercial Sale

Great investment opportunity for sale. Fresh 3 year NNN lease starting at $19 PSF with 3% annual bumps. 9.34% Cap rate. Priced to sell. Property was renovated in 2021. Hot water heater, HVAC systems were replaced in 2021. Exterior, parking lot and roof professionally managed by the association. Association fee is bi-annually and due in July and December. SF includes finished basement. NNN is $2.65 paid by tenant.

This home has been viewed 47 times

Last Checked: May 7th, 2024 at 3:07am (Source: MLS PIN #73116632)

General Information for 5 Wallace St # 5, Methuen MA 01844

Listing ID73116632

Property TypeCommercial Sale / Commercial

Price$350,000

Style

CityMethuen

CountyEssex

Neighborhood(s)

ZoningRD

Association0

Year Built1985

Disclosures for 5 Wallace St # 5, Methuen MA 01844

Lead Paint

UFFI

Living Area Includes Basement

Living Area Disclosure

Building Area Source

Special Listing Conditions

ExclusionsAll Personal Property.

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based On

Contact Information for 5 Wallace St # 5, Methuen MA 01844

Agent

Name: Zhuoming Sun

Office

Name: Realty ONE Group Nest

Phone: 978-655-1385

Exclusive Listing Agent

Realty ONE Group Nest

Zhuoming Sun

Agent Phone

Office Phone

(978) 655-1385

Text Agent Call Agent Call Office

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EXIT

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