Price Reduced 4.08%

$1,199,000 ($222.12 per sqft)

Est. Mortgage $5,906/mo *

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1-3 Fairoaks Ave, Methuen, MA, 01844

1-3 Fairoaks Ave, Methuen, MA, 01844
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19 rooms

8 beds

4 Full baths

1901

5,398 sqft

Discover this exceptional 2-family home, a proven money maker even w/ current below-market rents, nestled in the picturesque Methuen neighborhood at the corner of tree-lined Vermont and Fairoaks. This property has been lovingly maintained for years, w/ numerous major updates and replacements already completed—leaving nothing to do but make it your own. With it's stunning craftsmanship and character, each side offers 4+ bedrooms, 2 baths, eat in kitchens, living room, dining room, and extra rooms for office, etc. Conveniently located just minutes from excellent local dining, shopping, medical facilities, and major highway access, this property offers the perfect blend of comfort and accessibility. Whether you're looking to occupy one unit and offset your mortgage with the rental income from the second unit or seeking a solid investment opportunity with both units rented out, this home is ideal for both scenarios.

Status:

Active

Type:

Multi-family

Units:

2

Zoning:

RC

Garage:

2-car

Heating:

Baseboard, Hot Water

Cooling:

None

Basement:

Full

Levels:

6

Parking:

14-car, Paved Drive

Acreage:

0.34

Est. Taxes:

$10,807

Assessment

$995,100

Construction

Frame

Lot Description:

Corner Lot, Wooded, Level

Amenities:

Public Transportation, Shopping, Medical Facility

Appliances:

Range, Dishwasher, Refrigerator, Washer, Dryer

MLS #:

73277653

Compensation Based On:

Net Sale Price

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of Jane Cresta, Berkshire Hathaway HomeServices Verani Realty Phone: 603-434-2377