Exceptional Two-Family Opportunity in a Prime Methuen Location! Tucked away at the end of a quiet dead-end street, this well-maintained two-family home offers the perfect blend of owner-occupant comfort and investment potential. Ideally located just minutes to major highways, shopping, dining, and tax-free New Hampshire, this property provides both convenience and privacy.Situated across from conservation land, you'll enjoy a peaceful natural setting rarely found this close to everyday amenities. The generous, backyard offers plenty of space for entertaining, gardening, pets, or outdoor enjoyment.Each unit features separate utilities, private inside access to the basement, and its own washer and dryer, making day-to-day living convenient for both owners and tenants.One of the property's most unique features is the detached five-car garage, offering exceptional flexibility for car enthusiasts, hobbyists, contractors, storage, or potential rental income. Opportunities like this are hard to find.Whether you're looking to build wealth through rental income, offset your mortgage by owner-occupying one unit, or add a versatile property to your investment portfolio, this is a rare offering in today's market.
This home has been viewed 10 times
Last Checked: July 27th, 2026 at 5:48am (Source: MLS PIN #73553180)
Gross Income: $0
Gross Expenses: $7,234
Net Income Calc: $7,234
Annual Expenses for 7 9 East River Place, Methuen MA 01844
Total Gross Expenses (Calculated)$7,234/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7234
Annual Income & Unit Breakdown for 7 9 East River Place, Methuen MA 01844
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 7 9 East River Place, Methuen MA 01844
Listing ID73553180
Property TypeMulti Family / 2 Family
Price750000 ($176.55/SqFt)
Style2 Family - 2 Units Side By Side
CityMethuen
CountyEssex
Neighborhood(s)
Approximate Living Area Total4248
Approximate Lot Size (Acres)0.34
Total Parking20 (5 Garage)
Garage Parking5
Year Built1922
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof Material
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water Views
Water Views Features
Waterfront0
Waterfront FeaturesRiver
Terms
Disclosures for 7 9 East River Place, Methuen MA 01844
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsElectric Fireplace
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 7 9 East River Place, Methuen MA 01844
Real Estate Taxes7234
Tax Year2025
Assessed Value$683,700
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 7 9 East River Place, Methuen MA 01844
Neighborhood(s)
Area Amenities
Contact Information for 7 9 East River Place, Methuen MA 01844