1-3 Fairoaks Ave

Methuen, MA 01844

$1,095,000

Price

8

Beds

4

Baths

5,398

Square Feet

$1,095,000

Price

8

Beds

4

Baths

5,398

Square Feet

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.

Property Type Residential Income
Property Sub Type Multi Family
Property Status Active
Time on Market 14 days
MLS# 73371863
Lot Size 14,985 Sq. Ft.
Listed Price $1,095,000
Property Taxes $11,915
Year Built 1901
Data Source MLS PIN
Beth O’Brien

Associate

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Location

Residential Sales & Leasing

Your dreams. Our goals.
617.314.9400

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.

Listing Courtesy of: Berkshire Hathaway HomeServices Verani Realty

Listing Agent: Jane Cresta


School data provided by GreatSchools.

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Property Details


Property Type Residential Income
Property Sub Type Multi Family
Bedrooms 8
Living Area 5,398 Sq. Ft.
County Essex
Year Built Description Actual
Construction Frame
Basement Features Full
Flooring Wood, Tile, Carpet, Hardwood
Waterfront? No
Water Public
Assessments 1126200
Rooms 19
Adult Community No
Full Baths 4
Half Baths 0
Acres 0.34
Town Methuen
ZIP 01844
Unit Count 2
Stories Total 6
Roof Material Shingle
Parking Spaces 14
Garage Spaces 2
Sewer Public Sewer
Tax Year 2025

Schools


School data provided by GreatSchools.

The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

Find out more about GreatSchools ratings.

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