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Pending

40-44 Forest St, Methuen MA 01844

$1,200,000

Estimated $2,883/month Calculator

Multi Family

Total Units: 5

Price Per Unit: $240,000

Total Rent: 105900/year

Estimated CAP Rate:

11 Bedrooms

Baths

5306

Total Parking: 13

23,204 (0.53)

PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY! Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities. Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property. Offer Deadline: Seller is asking for all offers by Monday 09/07/2026 by 3:00pm

This home has been viewed 4 times

Last Checked: September 15th, 2026 at 3:43pm (Source: MLS PIN #73569939)

Gross Income: $105,900

Gross Expenses: $34,211

Net Income Calc: $71,689

Water Views

Annual Expenses for 40-44 Forest St, Methuen MA 01844

Total Gross Expenses (Calculated)$34,211/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax11241

Annual Income & Unit Breakdown for 40-44 Forest St, Methuen MA 01844

Total Gross Income (Calculated)$105,900

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 40-44 Forest St, Methuen MA 01844

Listing ID73569939

Property TypeMulti Family

Price1200000 ($226.16/SqFt)

Style5+ Family - 5+ Units Up/down

CityMethuen

CountyEssex

Neighborhood(s)

Approximate Living Area Total5306

Approximate Lot Size (Acres)0.53

Total Parking13

Garage Parking0

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningRD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 40-44 Forest St, Methuen MA 01844

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 40-44 Forest St, Methuen MA 01844

Real Estate Taxes11241

Tax Year2026

Assessed Value$1,080,900

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 40-44 Forest St, Methuen MA 01844

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 40-44 Forest St, Methuen MA 01844

Agent

Name: Pam Cail

Office

Name: Jill & Co. Realty Group

Phone: 603-275-0487

Team Members

Payment Calculator

, Interest

Property Taxes 936.75

Principal & Interest 7394.02

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Jill & Co. Realty Group

Pam Cail

Agent Phone

Office Phone

(603) 275-0487

Text Agent Call Agent Call Office

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    [description] => PRIME METHUEN MULTIFAMILY INVESTMENT OPPORTUNITY!  Discover this exceptional five-unit property ideally located near major highways, shopping, and everyday amenities.  Each unit was thoughtfully renovated before tenant occupancy, featuring updated finishes, stainless steel appliances, and granite countertops. This property offers dedicated off-street parking lot for tenant convenience, while separately metered heat and electricity help support efficient ownership and operating expenses. A rare opportunity to acquire a well-positioned, income-producing asset in a desirable Methuen location. Buyer and Buyer's agent to conduct their own due diligence and verify all information associated with the property. Offer Deadline: Seller is asking for all offers by Monday 09/07/2026 by 3:00pm
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    [unparsed] => 40-44 Forest St, Methuen MA 01844
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EXIT

39 More Photos

Pending

40-44 Forest St, Methuen MA 01844

$1,200,000

Annual Expenses for 40-44 Forest St, Methuen MA 01844

Annual Income & Unit Breakdown for 40-44 Forest St, Methuen MA 01844

General Information for 40-44 Forest St, Methuen MA 01844

Disclosures for 40-44 Forest St, Methuen MA 01844

Financial Information for 40-44 Forest St, Methuen MA 01844

Location Information for 40-44 Forest St, Methuen MA 01844

Contact Information for 40-44 Forest St, Methuen MA 01844

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Jill & Co. Realty Group

Pam Cail