$1,250,000
1-3 Fairoaks Ave
Methuen, MA, 01844
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.
Property Details
Price:
$1,250,000
MLS #:
73277653
Status:
Active
Beds:
8
Baths:
4
Address:
1-3 Fairoaks Ave
Type:
Multi Family
City:
Methuen
Listed Date:
Aug 14, 2024
State:
MA
Finished Sq Ft:
5,398
Total Sq Ft:
5,398
ZIP:
01844
Lot Size:
14,985 sqft / 0.34 acres (approx)
Year Built:
1901
Units:
2
Schools
Interior
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
4 Full Bathrooms
Cooling
None
Fireplaces Total
2
Flooring
Wood, Tile, Carpet, Hardwood
Heating
Baseboard, Hot Water
Exterior
Community Features
Public Transportation, Shopping, Medical Facility
Construction Materials
Frame
Parking Features
Paved Drive
Parking Spots
14
Roof
Shingle
Financial
Tax Year
2024
Taxes
$10,807
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Courtesy of Berkshire Hathaway HomeServices Verani Realty. The property listing data and information 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 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 set forth herein.
1-3 Fairoaks Ave
Methuen, MA
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