Opportunity awaits with this classic 1930 Two Family Home! Situated on .123 Acre lot, this property offers two spacious units, each featuring 2 Bedrooms, a Full Bath, a Formal Living Room, Formal Dining Room, and a Kitchen with a Pantry. Additional highlights include a Walk Up Attic, Full Basement and Off Street Parking, New Roof 11-13-24!! Enjoy a nice yard and a prime location, Commuter's Delight. One unit is currently rented at $1,350 per month, with a tenant who would like to stay. This Charming 1930 is an Estate Sale is being sold As-Is, presenting a fantastic investment or owner-occupant opportunity. Do not miss out! Schedule you showing today! Seller has the right to accept an offer at any time. Open House Canceled
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Last Updated: March 30th, 2025 at 6:58am
Gross Income: $16,200
Gross Expenses: $8,256
Net Income Calc: $7,944
CAP Rate: 1.32%
Annual Expenses for 177-179 Lowell Street, Methuen MA 01844
Total Gross Expenses (Calculated)$8,256/year
APOD AvailableNo
Heating$0
Electricity$0
Water$0
Gas$0
Insurance$0
Sewer$0
Trash Removal$0
Repair & Maintenance$0
Management$0
Miscellaneous$0
Real Estate Tax$8,256
Annual Income & Unit Breakdown for 177-179 Lowell Street, Methuen MA 01844
Total Gross Income (Calculated)$16,200
Unit 1
Rental Income0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
Unit 2
Rental Income1350
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water)
General Information for 177-179 Lowell Street, Methuen MA 01844
Listing ID73350300
Property TypeMulti Family / 2 Family
Price$599,999 ($239.23/SqFt)
Style
CityMethuen
CountyEssex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,508 SqFt
Approximate Lot Size (Acres)0
Total Parking6
Garage Parking
Year Built1930
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1248
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningTwo Family
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Interior Features for 177-179 Lowell Street, Methuen MA 01844
Disclosures for 177-179 Lowell Street, Methuen MA 01844
Lead Paint
UFFIUnknown
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$16,200
Total Net Income By Broker$16,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 177-179 Lowell Street, Methuen MA 01844
Elementary School
Middle School
High SchoolMethuen
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Golf, Medical Facility, Laundromat, Public Transportation
Contact Information for 177-179 Lowell Street, Methuen MA 01844