Exceptional multifamily investment opportunity featuring a three-family residential property with strong income-producing potential. Each unit offers three bedrooms, one full bathroom, and an additional flexible room ideal for a home office, study, guest room, or storage. Unit 1 is further enhanced by bonus extension rooms and additional living space in the lower-level in-law area, providing increased functionality and versatility. The spacious and adaptable floor plans appeal to a broad range of tenants while also offering flexibility for owner-occupants looking to offset housing expenses. Conveniently located near local amenities, major highways, shopping, and dining, this property presents an attractive opportunity for investors seeking rental income and long-term value. A valuable addition to any real estate investment portfolio.Buyers are encouraged to perform their own due diligence regarding all measurements, uses, and occupancy.
This home has been viewed 12 times
Last Checked: October 22nd, 2026 at 11:13am (Source: MLS PIN #73593124)
Gross Income: $115,800
Gross Expenses: $7,801
Net Income Calc: $107,999
Water Views
Annual Expenses for 16-18 Annis St, Methuen MA 01844
Total Gross Expenses (Calculated)$7,801/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax7801
Annual Income & Unit Breakdown for 16-18 Annis St, Methuen MA 01844
Total Gross Income (Calculated)$115,800
Unit 1
Rental Income$0
LeaseY
Bedrooms5
Bathrooms3 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit1
Rent Includes
General Information for 16-18 Annis St, Methuen MA 01844
Listing ID73593124
Property TypeMulti Family / 3 Family
Price999999 ($284.17/SqFt)
Style3 Family
CityMethuen
CountyEssex
Neighborhood(s)
Approximate Living Area Total3519
Approximate Lot Size (Acres)0.12
Total Parking3
Garage Parking0
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningRG
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 16-18 Annis St, Methuen MA 01844
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsSurveillance Devices
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 16-18 Annis St, Methuen MA 01844
Real Estate Taxes7801
Tax Year2026
Assessed Value$750,100
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 16-18 Annis St, Methuen MA 01844
Neighborhood(s)
Area Amenities
Contact Information for 16-18 Annis St, Methuen MA 01844