About 40-44 Forest St
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.
Features of 40-44 Forest St
| MLS® # | 73569939 |
|---|---|
| Price | $1,200,000 |
| Bedrooms | 11 |
| Bathrooms | 5.50 |
| Full Baths | 5 |
| Half Baths | 1 |
| Square Footage | 5,306 |
| Acres | 0.53 |
| Year Built | 1890 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 40-44 Forest St |
|---|---|
| City | Methuen |
| County | Essex |
| State | MA |
| Zip Code | 01844-2754 |
Amenities
| Utilities | for Gas Range |
|---|---|
| Parking Spaces | 13 |
| Parking | Paved Drive, Off Street, Assigned, Paved |
| Is Waterfront | No |
| Has Pool | No |
Interior
| 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 |
|---|---|
| Appliances | Range, Microwave, Refrigerator |
| Heating | Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air |
| Cooling | None |
| Fireplace | No |
| # of Stories | 7 |
| Stories | 7 |
Exterior
| Exterior Features | Rain Gutters, Varies per Unit |
|---|---|
| Roof | Shingle |
| Construction | Frame |
| Foundation | Concrete Perimeter |
Additional Information
| Zoning | RD |
|---|
Listing Details
| Agent | Pam Cail |
|---|---|
| Office | Jill & Co. Realty Group |