36-38 Pine St Methuen, MA 01844
Listing Courtesy of: MLS PIN / Hart Of New England Realty / Mark Akmakjian

  36-38 Pine St Methuen, MA 01844

Active (3 Days)
$899,900
10
BED
4
BATH
3,797
SQFT

Description

Solid owner occupied four-unit multifamily investment property in Methuen center This property offers a mix of (2) 3-bedroom townhouse style units and (2) 2-bedroom garden style units, totaling 3,797 square feet of living space on a 0.19-acre parcel. Long term tenants. Newer windows, newer water heater tanks, and newer appliances. Older kitchens and baths that could use updating, and the 4 boilers are old, but everything is functional and the tenants are happy. Additional amenities such as 8 off-street parking spaces, a handy back yard storage shed, and backyard lawn area. Located in a high-demand area, the property provides easy access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are far below market rents, but once the building is spruced up, there is an opportunity to enhance revenue to $9,000.00/month. The price reflects the work needed.

MLS #:
73420074
Taxes
$6,632(2025)
Lot Size
8,355 SQFT
Type
Multifamily
Year Built
1930
County
Essex County

Listed By

Mark Akmakjian, Hart Of New England Realty
Source
MLS PIN
Last checked Aug 23 2025 at 7:28 PM EDT
Bathroom Details
Interior Features
  • Living Room
  • Kitchen
  • Laundry Room
  • Range
  • Refrigerator
  • Windows: Insulated Windows
Lot Information
  • Level
Property Features
  • Fireplace: 0
  • Foundation: Stone
Heating and Cooling
  • Baseboard
  • Natural Gas
  • None
Basement Information
  • Full
  • Interior Entry
  • Dirt Floor
Flooring
  • Varies
  • Hardwood
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water: Public
  • Sewer: Public Sewer
Parking
  • Paved Drive
  • Off Street
  • Paved
  • Total: 8
Stories
  • 6
Living Area
  • 3,797 sqft
Location
   
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