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$1,095,000

Est. payment - /mo

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8 Beds

4 Baths

5,398 SqFt

New

1-3 Fairoaks Ave Methuen, MA 01844

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Karina Demurchyan

mybostonrealtorkarina@gmail.com +1(617) 549-5503

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,398 sqft

Price per Sqft $202

MLS Listing ID 73371863

Bedrooms 8

Full Baths 4

Year Built 1901

Annual Tax Amount $11,915

Tax Year 2025

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type Multi Family

Property Description

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.

Location

State MA

County Essex

Zoning RC

Direction Home is on the corner of Vermont and Fairoaks

Rooms

Basement Full

Interior

Interior Features Floored Attic, Walk-Up Attic, Heated Attic, Bathroom with Shower Stall, Bathroom With Tub, Slider, Crown Molding, Living Room, Dining Room, Kitchen, Office/Den

Heating Baseboard, Hot Water

Cooling None

Flooring Wood, Tile, Carpet, Hardwood

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Range, Dishwasher, Refrigerator, Washer, Dryer

Exterior

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Medical Facility

Roof Type Shingle

Total Parking Spaces 14

Garage Yes

Building

Lot Description Corner Lot, Wooded, Level

Story 6

Foundation Block, Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Berkshire Hathaway HomeServices Verani Realty

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Karina Demurchyan

Broker Associate | License ID: 9555596

+1(617) 549-5503