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$ 865,000
Est. payment /mo
Open Sun 12PM-2PM
96-98 Elm Street Methuen, MA 01844
5 Beds
3 Baths
3,384 SqFt
Open House
Sun Oct 25, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,384 sqft
Price per Sqft $255
MLS Listing ID 73593622
Bedrooms 5
Full Baths 3
Year Built 1911
Annual Tax Amount $7,357
Tax Year 2026
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type 3 Family
Property Description
Opportunity awaits at this spacious three-family property situated on a half-acre lot in Methuen! Offering 3,384 sq. ft. of living space, 5 bedrooms, 3 full baths, and parking for 6 vehicles, this property presents an attractive opportunity for investors and owner-occupants alike. Significant recent improvements include replacement of 34 windows (2025), a new roof (Spring 2026), and new rear entry stairs and deck (Summer 2026). The expansive first-floor residence offers 6 rooms, 2 bedrooms, hardwood floors, charming original woodwork, and architectural details, providing an excellent opportunity to update and make it your own. The second-floor front unit features 4 rooms, 2 bedrooms, and substantial updates completed approximately four years ago, including a fully renovated bathroom, new flooring, appliances, and front deck. The second-floor rear unit offers 3 rooms, 1 bedroom, and a three-season porch. Both second-floor apartments are occupied by long-term tenants, with rents currently well below market rates, offering potential for increased rental income. Additional features include a full basement offering ample storage, paved driveway, and a spacious unfinished attic offering possibilities for future development, subject to substantial construction and necessary approvals. A property with space, character, and opportunity! Showings begin at the Open House.
Location
State MA
County Essex
Zoning RD
Direction GPS
Rooms
Basement Full
Interior
Interior Features Living Room, Dining Room, Kitchen
Flooring Wood
Exterior
Community Features Shopping, Highway Access, Public School
Roof Type Shingle
Total Parking Spaces 6
Garage No
Building
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by J. Barrett & Company
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