40-44 Forest St

Methuen, MA 01844
Beds
11
Baths
6
Square Ft.
5,306
$1,200,000
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 separatelyRead MoreRead Less
Courtesy of Jill & Co. Realty Group, Pam Cail.
Listing Snapshot
Days Online
0
Last Updated
Property Type
5+ Family - 5+ Units Up/Down
Beds
11
Full Baths
5
Partial Baths
1
Square Ft.
5,306
Lot Size
0.53 Acres
Year Built
1890
MLS Number
73569939
30 Days Snapshot Of 01844
$628k
+12%
(avg) sold price
15
-66%
homes sold
81
+32%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: Public, Road Surface Type: Paved
Appliances & Equipment
Appliances: Range, Microwave, Refrigerator
Basement
Basement: Walk-Out Access
Building
Building Area Total: 5306, Building Area Units: Square Feet, Construction Materials: Frame, Living Area: 5306, Stories Total: 7, Year Built Source: Public Records, Year Built: 1890, Number Of Units Total: 5
Community
Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Cooling
Cooling: None
Expenses
Insurance Expense: $11,370
Exterior Features
Exterior Features: Rain Gutters, Varies per Unit, Patio And Porch Features: Porch
Floors
Flooring: Wood, Hardwood
Foundation
Foundation Details: Concrete Perimeter
Heating
Heating: Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air, Heating Included
Income
Gross Income: 102525
Interior Features
Interior Features: High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Walk-In Closet(s), Bathroom With Tub & Shower, Remodeled, Stone/Granite/Solid Counters, Internet Available - Unknown, Living Room, Dining Room, Kitchen, Sunroom
Lot
Lot Size Acres: 0.53, Lot Size Area: 0.53, Lot Size Square Feet: 23204, Lot Size Units: Acres, Parcel Number: M:0516 B:0154 L:0004,2039964
Parking
Parking Features: Paved Drive, Off Street, Assigned, Paved, Parking Total: 13, Open Parking
Property
Property Sub Type: 5+ Family - 5+ Units Up/Down, Zoning: RD
Roof
Roof: Shingle
Sewer
Sewer: Public Sewer
Taxes
Tax Annual Amount: 11241, Tax Year: 2026
Utilities
Utilities: for Gas Range, Water Source: Public
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Pamela Bathen
Broker Associate
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings
No listings found.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.