Overview Property Details Payment Calculator Walkability

Closed

11-13 Brown St, Methuen MA 01844

$399,900

Estimated $1,040.77/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $199,950

Total Rent: 30000/year

Estimated CAP Rate: 6.32%

5 Bedrooms

2 Full Baths

2,000 SqFt

Total Parking: 3

2,509 SqFt

Seller is looking for an all cash, quick close sale with tenants in place. We do not have interior access at this time. MAKE AN OFFER! Occupied 2 family in convenient Methuen location, sold in as-is condition, and sold with tenants at will IN PLACE. Bonus finished 3rd fl...

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 3:46am (Source: MLS PIN #73096658)

Gross Income: $30,000

Gross Expenses: $4,708

Net Income Calc: $25,292

CAP Rate: 6.32%

Annual Expenses for 11-13 Brown St, Methuen MA 01844

Total Gross Expenses (Calculated)$4,708/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$4,708

Annual Income & Unit Breakdown for 11-13 Brown St, Methuen MA 01844

Total Gross Income (Calculated)$30,000

Unit 1

Rental Income$1,000

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$1,500

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

General Information for 11-13 Brown St, Methuen MA 01844

Listing ID73096658

Property TypeMulti Family

Price$399,900 ($199.95/SqFt)

StyleMulti Family

CityMethuen

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,000 SqFt

Approximate Lot Size (Acres)0.06 acres

Total Parking3

Garage Parking

Year Built1980

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionConcrete Perimeter

Accessible Features

Outdoor Space

Zoningres

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 11-13 Brown St, Methuen MA 01844

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureGLA includes finished room on 3rd floor

Building Area SourceOther

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$30,000

Total Net Income By Broker$30,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 11-13 Brown St, Methuen MA 01844

Real Estate Taxes$4,708

Tax Year2022

Assessed Value$360,800

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$30,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$30,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.32%

Location Information for 11-13 Brown St, Methuen MA 01844

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHighway Access, Public School, Shopping, Golf, Medical Facility, Laundromat, Public Transportation

Contact Information for 11-13 Brown St, Methuen MA 01844

Agent

Name: Matthew McLennan

Office

Name: Century 21 McLennan & Company

Phone: 978-683-8008

Payment Calculator

$2,856.39 per month

30 Years Fixed, 6.75% Interest

Property Taxes $392.33

Principal & Interest $2,464.06

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 McLennan & Company

Matthew McLennan

Agent Phone

Office Phone

(978) 683-8008

Text Agent Call Agent Call Office

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EXIT