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Active

16 Quincy St, Methuen MA 01844

$1,175,000

Estimated $2,761/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $391,666.67

Total Rent: 82800/year

Estimated CAP Rate:

6 Bedrooms

Baths

5386

Total Parking: 4

10,001 (0.23)

NEW PRICE + $20,000 SELLER CREDIT WITH AN ACCEPTABLE OFFER! A rare opportunity to own one of Methuen’s most distinctive and spacious multi-family properties. This impressive three-unit residence offers over 5,300 sq. ft. of living space, beautiful architectural character, generous room sizes, multiple fireplaces, stained glass details, updated systems, and exceptional flexibility for an owner-occupant, investor, or multi-generational living arrangement. The current owner has completed extensive improvements and upgrades throughout the property, preserving its historic character while enhancing functionality, comfort, and long-term value. The expansive primary residence offers the feel of a substantial single-family home while the additional units provide valuable rental income potential.Seller is offering up to a $20,000 credit with an acceptable offer, which may be used toward exterior painting and finishing, closing costs, an interest-rate buy down, or other allowable buyer expenses.Seller resides out of state and prefers a simple, streamlined as-is transaction. Buyers are encouraged to conduct inspections for informational purposes.This is a unique opportunity to own a property with size, character, income potential, and flexibility that is difficult to replicate in today’s market.

This home has been viewed 43 times

Last Checked: September 26th, 2026 at 7:48am (Source: MLS PIN #73517102)

Gross Income: $82,800

Gross Expenses: $35,433

Net Income Calc: $47,367

Water Views

Annual Expenses for 16 Quincy St, Methuen MA 01844

Total Gross Expenses (Calculated)$35,433/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax10266

Annual Income & Unit Breakdown for 16 Quincy St, Methuen MA 01844

Total Gross Income (Calculated)$82,800

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent Includes

General Information for 16 Quincy St, Methuen MA 01844

Listing ID73517102

Property TypeMulti Family / 3 Family

Price1175000 ($218.16/SqFt)

Style3 Family - 3 Units Up/down

CityMethuen

CountyEssex

Neighborhood(s)

Approximate Living Area Total5386

Approximate Lot Size (Acres)0.23

Total Parking4

Garage Parking0

Year Built1915

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRC

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 16 Quincy St, Methuen MA 01844

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsNo

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 16 Quincy St, Methuen MA 01844

Real Estate Taxes10266

Tax Year2025

Assessed Value$970,300

Financial Data SourceEstimated

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 16 Quincy St, Methuen MA 01844

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 16 Quincy St, Methuen MA 01844

Agent

Name: Kris Peters

Office

Name: eXp Realty LLC - Corporate Office

Phone: 888-854-7493

Team Members

Payment Calculator

, Interest

Property Taxes 855.5

Principal & Interest 7239.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Kris Peters

Agent Phone

Office Phone

(888) 854-7493

Text Agent Call Agent Call Office

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    [unparsed] => 16 Quincy St, Methuen MA 01844
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EXIT

39 More Photos

Active

16 Quincy St, Methuen MA 01844

$1,175,000

Annual Expenses for 16 Quincy St, Methuen MA 01844

Annual Income & Unit Breakdown for 16 Quincy St, Methuen MA 01844

General Information for 16 Quincy St, Methuen MA 01844

Disclosures for 16 Quincy St, Methuen MA 01844

Financial Information for 16 Quincy St, Methuen MA 01844

Location Information for 16 Quincy St, Methuen MA 01844

Contact Information for 16 Quincy St, Methuen MA 01844

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

eXp Realty LLC - Corporate Office

Kris Peters