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147-149 Oakland Ave, Methuen MA 01844

$754,300

Estimated $1,781/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $377,150

Total Rent: 23460/year

Estimated CAP Rate:

4 Bedrooms

Baths

2547

Total Parking: 4

5,001 (0.11)

Classic 1930s two-family near downtown Methuen, offered for the first time in years and full of original character. This up and down two-family has two separate units, each with its own gas steam heat, separate hot water tanks (one new in 2024), and separate utilities. Period details run throughout, including patterned hardwood floors, columned room dividers with built-in cabinetry, eat-in kitchens with gas cooking, and pantries. The first-floor unit is leased at $1,955 per month ($1925 rent + $30/mo for laundry use) through February 2027 for in-place income, while the second-floor unit is vacant and ready for an owner-occupant or a new tenant. A full basement provides laundry and storage, and outside is a paved driveway with off-street parking plus a fenced yard with patio and garden area. Convenient to Route 110 and Interstate 495. Sold as-is. Sale is subject to issuance of a License to Sell by the Probate Court. Bring your vision to a solid two-family with strong bones and long-term upside.

This home has been viewed 14 times

Last Checked: August 8th, 2026 at 9:23am (Source: MLS PIN #73560944)

Gross Income: $23,460

Gross Expenses: $6,689

Net Income Calc: $16,771

Water Views

Annual Expenses for 147-149 Oakland Ave, Methuen MA 01844

Total Gross Expenses (Calculated)$6,689/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6689

Annual Income & Unit Breakdown for 147-149 Oakland Ave, Methuen MA 01844

Total Gross Income (Calculated)$23,460

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 147-149 Oakland Ave, Methuen MA 01844

Listing ID73560944

Property TypeMulti Family

Price754300 ($296.15/SqFt)

StyleMulti Family

CityMethuen

CountyEssex

Neighborhood(s)

Approximate Living Area Total2547

Approximate Lot Size (Acres)0.11

Total Parking4

Garage Parking0

Year Built1930

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof Material

BasementFull

Construction Materials

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRG

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 147-149 Oakland Ave, Methuen MA 01844

Lead PaintNone

UFFINo

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsDehumidifier

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 147-149 Oakland Ave, Methuen MA 01844

Real Estate Taxes6689

Tax Year2026

Assessed Value$643,200

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 147-149 Oakland Ave, Methuen MA 01844

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 147-149 Oakland Ave, Methuen MA 01844

Agent

Name: Tyson Lynch

Office

Name: The Proper Nest Real Estate

Phone: 781-797-4020

Payment Calculator

, Interest

Property Taxes 557.42

Principal & Interest 4647.76

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

The Proper Nest Real Estate

Tyson Lynch

Agent Phone

Office Phone

(781) 797-4020

Text Agent Call Agent Call Office

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    [description] => Classic 1930s two-family near downtown Methuen, offered for the first time in years and full of original character. This up and down two-family has two separate units, each with its own gas steam heat, separate hot water tanks (one new in 2024), and separate utilities. Period details run throughout, including patterned hardwood floors, columned room dividers with built-in cabinetry, eat-in kitchens with gas cooking, and pantries. The first-floor unit is leased at $1,955 per month ($1925 rent + $30/mo for laundry use) through February 2027 for in-place income, while the second-floor unit is vacant and ready for an owner-occupant or a new tenant. A full basement provides laundry and storage, and outside is a paved driveway with off-street parking plus a fenced yard with patio and garden area. Convenient to Route 110 and Interstate 495. Sold as-is. Sale is subject to issuance of a License to Sell by the Probate Court. Bring your vision to a solid two-family with strong bones and long-term upside.
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    [unparsed] => 147-149 Oakland Ave, Methuen MA 01844
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EXIT

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