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1-7 Pelham St, Methuen MA 01844

$995,200

Estimated $2,361/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $248,800

Total Rent: 0/year

Estimated CAP Rate:

7 Bedrooms

Baths

4480

Total Parking: 10

9,988 (0.23)

MIXED USE excellent property with TWO RESIDENTAL FAMILY plus two commercial located within minutes of Route 93 and Salem, NH, and close to downtown. The first floor features 5/3/2 with the potential for a fourth bedroom. The second unit has 5/3/1. The unfinished attic is a plus with the potential for expansion. It also has a full walkout basement, a large fence, and plenty of off-street parking—accessible schools such as Methuen High and Marsh School. The commercial right side is VACANT, which has electric heat, commercial cooking vents, a grease trap, and a fire prevention system. The left side is a Barbershop with AC and central heat. Each side has access to a full basement. Ask your lender, as it may qualify for FHA financing.

This home has been viewed 37 times

Last Checked: May 8th, 2024 at 1:31am (Source: MLS PIN #73119474)

Gross Income: $0

Gross Expenses: $8,966

Net Income Calc: $8,966

Water Views

Annual Expenses for 1-7 Pelham St, Methuen MA 01844

Total Gross Expenses (Calculated)$8,966/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8966.88

Annual Income & Unit Breakdown for 1-7 Pelham St, Methuen MA 01844

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bathrooms1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

General Information for 1-7 Pelham St, Methuen MA 01844

Listing ID73119474

Property TypeMulti Family / 4 Family

Price995200 ($222.14/SqFt)

Style4 Family

CityMethuen

CountyEssex

MLS AreaWest Methuen

Neighborhood(s)

Approximate Living Area Total4480

Approximate Lot Size (Acres)0.23

Total Parking10

Garage Parking0

Year Built1920

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningCBD

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 1-7 Pelham St, Methuen MA 01844

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsSmall Fridge

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 Compensation2.0

Facilitator Compensation1.0

Compensation Based OnGross/full Sale Price

Financial Information for 1-7 Pelham St, Methuen MA 01844

Real Estate Taxes8966.88

Tax Year2023

Assessed Value$766,400

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 1-7 Pelham St, Methuen MA 01844

Elementary SchoolMarsh

Middle SchoolMarsh

High SchoolMethuen High

Neighborhood(s)

MLS AreaWest Methuen

Area AmenitiesWalk/jog Trails

Contact Information for 1-7 Pelham St, Methuen MA 01844

Agent

Name: Raul Ortega

Office

Name: Berkshire Hathaway HomeServices Verani Realty Methuen

Phone: 978-687-8484

Payment Calculator

, Interest

Property Taxes 747.24

Principal & Interest 6132.11

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Berkshire Hathaway HomeServices Verani Realty Methuen

Raul Ortega

Agent Phone

Office Phone

(978) 687-8484

Text Agent Call Agent Call Office

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    [unparsed] => 1-7 Pelham St, Methuen MA 01844
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EXIT

25 More Photos

Closed

1-7 Pelham St, Methuen MA 01844

$995,200

Annual Expenses for 1-7 Pelham St, Methuen MA 01844

Annual Income & Unit Breakdown for 1-7 Pelham St, Methuen MA 01844

General Information for 1-7 Pelham St, Methuen MA 01844

Disclosures for 1-7 Pelham St, Methuen MA 01844

Financial Information for 1-7 Pelham St, Methuen MA 01844

Location Information for 1-7 Pelham St, Methuen MA 01844

Contact Information for 1-7 Pelham St, Methuen MA 01844

Agent

Office

Payment Calculator

Exclusive Listing Agent

Berkshire Hathaway HomeServices Verani Realty Methuen

Raul Ortega