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$1,095,000
23 Days On Site

1-3 Fairoaks Ave
Methuen, MA 01844

For Sale|Multi Family|Active Under Contract
8
Beds
4
Total Baths
4
Full Baths
5,398
SqFt
$203
/SqFt
1901
Built
County:
Essex

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1-3 Fairoaks Ave1-3 Fairoaks Ave1-3 Fairoaks Ave1-3 Fairoaks Ave
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This beautifully maintained 2-family home is set on the corner of Vermont & Fairoaks in one of Methuen’s most charming, tree-lined neighborhoods. Even w/ below-market rents, this property is a proven money maker offering a great opportunity for both owner-occupants & investors. Each unit features 4+ bdrms, 2 full baths, eat-in kitchen, dining rm, living rm, & bonus rms perfect for a home office or additional living space. W/ stunning craftsmanship & preserved architectural details, this home radiates character, & functionality. , This is truly a move-in-ready property w/ many major updates & system upgrades already completed. A large yard & detached garage add even more value & appeal. Located just minutes from restaurants, shopping, medical facilities, & with easy access to major highways, this home offers comfort & connectivity. Whether you choose to live in one unit and rent the other to offset your mortgage or rent both for income, this versatile property checks all the boxes.

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Listing Snapshot
Price 
$1,095,000
Days On Site 
23 Days
Bedrooms 
8
Inside Area (SqFt) 
5,398 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.34 Acres
Year Built 
1901
MLS® Number 
73371863
Status 
Active Under Contract
Property Tax 
$11,915
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayStatus changed to Active Under Contract
3 weeks agoListing first seen on site
General Features
Acres 
0.34
Foundation 
BlockStone
Garage 
Yes
Garage Spaces 
2
Number Of Stories 
6
Parking 
Paved
Parking Spaces 
14
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5398
SqFt Total 
5398
Water Source 
Public
Zoning 
RC
Interior Features
Appliances 
RangeDishwasherRefrigeratorWasherDryer
Basement 
Full
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
2
Flooring 
WoodTileCarpetHardwood
Heating 
BaseboardHot Water
Interior 
Crown Molding
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Exterior Features
Construction Details 
Frame
Lot Features 
Corner LotWoodedLevel
Roof 
Shingle
Listing courtesy of Jane Cresta of Berkshire Hathaway HomeServices Verani Realty



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 2025-06-01 06:28 AM UTC

Neighborhood & Commute
Source: Walkscore
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