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$999,900
40 Days On Site

15-15 1/2 Central Street
Methuen, MA 01844

For Sale|Quadruplex|Pending
7
Beds
5
Full Baths
0
Partial Baths
4,074
SqFt
$245
/SqFt
1900
Built
County:
Essex

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15-15 1/2 Central Street15-15 1/2 Central Street15-15 1/2 Central Street15-15 1/2 Central Street
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Well-maintained four-unit multifamily investment property in the heart of Methuen. This asset offers a mix of (1) 4-bedroom/2-bathroom townhouse unit and (3) 1-bedroom/1-bathroom units, totaling 4,074 square feet of living space on a 0.27-acre parcel. Recent property improvements, including a newer roof, windows, insulation, water heater tank, and boiler, enhance long-term value and minimize maintenance costs. Additional amenities such as off-street parking, a garage, and backyard space. Located in a high-demand residential neighborhood, the property provides seamless access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are below market, presenting an opportunity to enhance revenue by aligning rents with market levels.

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Listing Snapshot
Price 
$999,900
Days On Site 
40 Days
Bedrooms 
7
Inside Area (SqFt) 
4,074 sqft
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.27 Acres
Year Built 
1900
MLS® Number 
73336807
Status 
Pending
Property Tax 
$8,490
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Pending
a month agoListing first seen on site
General Features
Acres 
0.27
Disclosures 
(1) one-bedroom unit is currently vacant,with another expected to be vacated soon. The owner's townhouse unit will also be vacated upon sale.
Foundation 
Stone
Garage 
Yes
Garage Spaces 
1
Number Of Stories 
6
Parking 
Off Street
Parking Spaces 
5
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Total 
4074
Water Source 
Public
Zoning 
RG
Interior Features
Appliances 
RangeMicrowaveRefrigeratorWasherDryer
Basement 
FullWalk-Out AccessUnfinished
Cooling 
Other
Flooring 
VinylHardwood
Heating 
Oil
Laundry Features 
Gas Dryer Hookup
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Exterior Features
Construction Details 
Frame
Fencing 
Fenced
Lot Features 
Corner Lot
Patio And Porch 
PorchDeck
Roof 
Shingle
Community Features
Community Features 
ParkOther
MLS Area 
Central
Listing courtesy of Michael Alvarez of Alvarez Real Estate Group LLC



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-04-02 01:51 AM UTC

Neighborhood & Commute
Source: Walkscore
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