*** 2 HOMES ON 1 LOT!!!**** An absolute rare gem in West Methuen! This exceptional property offers a once-in-a-lifetime opportunity to own a true family compound featuring two completely detached single-family homes on a massive, gorgeously fenced lot complete with a sparkling inground pool. Perfect for those seeking unmatched flexibility beyond a traditional in-law setup, the main home is a stunning 1,700 sq ft Colonial that underwent an extensive studs-out renovation in 2021. Inside, you will find rich hardwood floors throughout, elegant granite countertops in the kitchen and baths, modern mini-split heating and cooling, and all-new windows installed in 2022. Just steps away, the sprawling 1,542 sq ft rear Ranch boasts its own hardwood floors, efficient FHA by gas heating, and a massive new deck perfect for quiet mornings or lively weekend BBQs. Prime location just minutes from rt 93, great shopping, fine dining, and the Marsh Grammar School, this is your chance to have it all.
This home has been viewed 33 times
Last Checked: June 6th, 2026 at 5:53am (Source: MLS PIN #73527516)
Gross Income: $0
Gross Expenses: $6,879
Net Income Calc: $6,879
Water Views
Annual Expenses for 173 Forest St, Methuen MA 01844
Total Gross Expenses (Calculated)$6,879/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax6879
Annual Income & Unit Breakdown for 173 Forest St, Methuen MA 01844
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
General Information for 173 Forest St, Methuen MA 01844
Listing ID73527516
Property TypeMulti Family
Price999900 ($308.42/SqFt)
StyleMulti Family
CityMethuen
CountyEssex
Neighborhood(s)
Approximate Living Area Total3242
Approximate Lot Size (Acres)0.58
Total Parking8
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
ZoningRB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 173 Forest St, Methuen MA 01844
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSellers Personal Items
Financial Data Source
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 173 Forest St, Methuen MA 01844
Real Estate Taxes6879
Tax Year2026
Assessed Value$650,200
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 173 Forest St, Methuen MA 01844
Elementary SchoolMarsh
Middle SchoolMarsh
High SchoolMhs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 173 Forest St, Methuen MA 01844