$1,200,000
40-44 Forest St
Methuen, MA, 01844
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. Offer Deadline: Seller is asking for all offers by Monday 09/07/2026 by 3:00pm
Property Details
Price:
$1,200,000
MLS #:
73569939
Status:
Pending
Beds:
11
Baths:
5.5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Aug 30, 2026
Finished Sq Ft:
5,306
Total Sq Ft:
5,306
Lot Size:
23,204 sqft / 0.53 acres (approx)
Year Built:
1890
Units:
5
Schools
Interior
Above Grade Finished Area
5306
Appliances
Range, Microwave, Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
None
Flooring
Wood, Hardwood
Heating
Hot Water, Natural Gas, Unit Control, Electric, Individual, Forced Air
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
Levels
7
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Exterior Features
Rain Gutters, Varies per Unit
Open Parking Spaces
13
Open Parking YN
1
Parking Features
Paved Drive, Off Street, Assigned, Paved
Parking Spots
13
Parking Total
13
Patio And Porch Features
Porch
Roof
Shingle
Stories
7
Financial
Tax Year
2026
Taxes
$11,241
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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Map
Current real estate data for Multi Family in Methuen as of Sep 21, 2026
9
Multi Family Listed
42
Avg DOM
288
Avg $ / SqFt
$872,522
Avg List Price
Community
- Address40-44 Forest St Methuen MA
- CityMethuen
- CountyEssex
- Zip Code01844
Subdivisions in Methuen
Similar Listings Nearby
Property Summary
- 40-44 Forest St Methuen MA is a Multi Family for sale in Methuen, MA, 01844. It is listed for $1,200,000 To schedule a showing of MLS#73569939 at 40-44 Forest St in Methuen, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Jill & Co. Realty Group. 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.
40-44 Forest St
Methuen, MA