Multi—the only two-family residence in a single-family zoning area, offering a rare opportunity! This property features fully permitted electrical work, separate utility meters, and an occupancy permit for the first floor. Recent upgrades include a brand-new Mitsubishi heating and cooling system with new condenser and ductwork installed on the first floor, ensuring modern comfort and efficiency. The second-floor unit has been completely remodeled with a new kitchen, updated flooring, and a second egress for safety and compliance. The first floor offers multiple entrances, including direct access to the backyard, adding convenience and privacy. Both units provide full kitchens and bathrooms, making this a true turnkey property ideal for extended family or rental income. Located minutes from Tuscan Village, I-93, and area amenities, this is a rare and valuable two-family opportunity in Methuen. Property to be deliver vacant.
This home has been viewed 41 times
Last Checked: November 18th, 2025 at 5:35am (Source: MLS PIN #73444382)
Gross Income: $0
Gross Expenses: $6,360
Net Income Calc: $6,360
CAP Rate: -0.79%
Annual Expenses for 146 Hampshire Rd, Methuen MA 01844
Total Gross Expenses (Calculated)$6,360/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$6,360
Annual Income & Unit Breakdown for 146 Hampshire Rd, Methuen MA 01844
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full
Floor1
Levels in Unit1
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms3 Full
Floor2
Levels in Unit1
HeatingNo
Rent Includes
General Information for 146 Hampshire Rd, Methuen MA 01844
Listing ID73444382
Property TypeMulti Family / 2 Family
Price$809,000 ($447.95/SqFt)
Style2 Family - 2 Units Up/down
CityMethuen
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total1,806 SqFt
Approximate Lot Size (Acres)1.15 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourceAppraiser
Year Renovated
Year Built DetailsActual,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesCorner Lot
Foundation Area
Foundation DescriptionConcrete Perimeter,Block
Accessible Features
Outdoor SpacePorch
ZoningRes
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 146 Hampshire Rd, Methuen MA 01844
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureThe property is a two-family residence, each unit
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerEntry Only
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 146 Hampshire Rd, Methuen MA 01844
Real Estate Taxes$6,360
Tax Year2024
Assessed Value$585,600
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.79%
Location Information for 146 Hampshire Rd, Methuen MA 01844
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesShopping
Contact Information for 146 Hampshire Rd, Methuen MA 01844