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28-30 Pine Street, Methuen MA 01844

$696,283

Estimated $1,640/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $174,070.75

Total Rent: 59760/year

Estimated CAP Rate:

6 Bedrooms

Baths

2960

Total Parking: 8

12,196 (0.28)

4 UNIT BUILDING! Great investment property! Current rents below market value. Located on a dead end street. This 4 family unit offers 2 duplex style living ,2 units have one bedroom. Units on first floors and 2 units on 2nd floor which have two levels of living. Maintenance free Vinyl siding. Plenty of parking, 8 plus parking spaces each unit has 2 spaces. The second floor units have private decks which overlook a back yard. Each unit has their own separate utilities. Convenient to major Highways, downtown Methuen, Tax free New Hampshire , sea shore and Mountains.

This home has been viewed 39 times

Last Checked: May 7th, 2024 at 4:06am (Source: MLS PIN #73071691)

Gross Income: $59,760

Gross Expenses: $6,129

Net Income Calc: $53,631

Water Views

Annual Expenses for 28-30 Pine Street, Methuen MA 01844

Total Gross Expenses (Calculated)$6,129/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6129.59

Annual Income & Unit Breakdown for 28-30 Pine Street, Methuen MA 01844

Total Gross Income (Calculated)$59,760

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms2 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

Unit 3

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

General Information for 28-30 Pine Street, Methuen MA 01844

Listing ID73071691

Property TypeMulti Family / 4 Family

Price696283 ($235.23/SqFt)

Style4 Family

CityMethuen

CountyEssex

Neighborhood(s)

Approximate Living Area Total2960

Approximate Lot Size (Acres)0.28

Total Parking8

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 28-30 Pine Street, Methuen MA 01844

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 28-30 Pine Street, Methuen MA 01844

Real Estate Taxes6129.59

Tax Year2023

Assessed Value$469,700

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 28-30 Pine Street, Methuen MA 01844

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 28-30 Pine Street, Methuen MA 01844

Agent

Name: Constance Doto

Office

Name: Connie Doto Realty Group

Phone: 978-683-0004

Payment Calculator

, Interest

Property Taxes 510.8

Principal & Interest 4290.27

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Connie Doto Realty Group

Constance Doto

Agent Phone

Office Phone

(978) 683-0004

Text Agent Call Agent Call Office

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EXIT

5 More Photos

Closed

28-30 Pine Street, Methuen MA 01844

$696,283

Annual Expenses for 28-30 Pine Street, Methuen MA 01844

Annual Income & Unit Breakdown for 28-30 Pine Street, Methuen MA 01844

General Information for 28-30 Pine Street, Methuen MA 01844

Disclosures for 28-30 Pine Street, Methuen MA 01844

Financial Information for 28-30 Pine Street, Methuen MA 01844

Location Information for 28-30 Pine Street, Methuen MA 01844

Contact Information for 28-30 Pine Street, Methuen MA 01844

Agent

Office

Payment Calculator

Exclusive Listing Agent

Connie Doto Realty Group

Constance Doto