1-7 Pelham St

Methuen, MA 01844 View Map $999,500 Schedule a Tour
Beds7
Baths3Full21/2
Sq.Ft.4,480
Year1920

Five Market Realty Group LLC

(978) 539-7335

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Status: Active
Property Type:4 Family
MLS #:73119474
Sq. Feet:4,480
On Site:122 Days
Lot Size:0.23 Acres
County:Essex
MIXED USE excellent property with TWO RESIDENTAL FAMILY plus two commercial located within minutes of Route 93 and Salem, NH, and close to downtown. The first floor features 5/3/2 with the potential for a fourth bedroom. The second unit has 5/3/1. The unfinished attic is a plus with the potential for expansion. It also has a full walkout basement, a large fence, and plenty of off-street parking accessible schools such as Methuen High and Marsh School. The commercial right side is VACANT, which has electric heat, commercial cooking vents, a grease trap, and a fire prevention system. The left side is a Barbershop with AC and central heat. Each side has access to a full basement. Ask your lender, as it may qualify for FHA financing.

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$000 Monthly Payment
Loan and interest only.

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Price Change History

Date Old Price New Price Percent Change
9/25/2023$1,099,500$999,500-9.1%

Community Information

Address:1-7 Pelham St, Methuen, MA 01844
County:Essex
City:Methuen
Zip Code:01844

School Information

High School:Methuen High
Middle School:Marsh
Elementary School:Marsh

Architecture

Bedrooms: 7
Bathrooms: 3 Full / 2 Half
Year Built:1920
Stories:5
Construction Materials: Frame
Building Area: 4480
Roof: Shingle, Rubber
Foundation: Stone
Basement: Full, Walk-Out Access
Parking Features: Off Street
Parking Total: 10

Features / Amenities

Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Dryer
Flooring: Varies Per Unit, Laminate
Exterior Features: Fenced Yard
Window: Storm Window(s)
Cooling Yes/No: Yes
Cooling: Unit 1(Other (See Remarks))
Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Forced Air, Gas)
Total Rooms:15

Property Features

Lot Size: 0.23 Acres
Lot Features: Corner Lot
Utilities: for Gas Range, for Electric Dryer
Sewer: Public Sewer
Water: Public
Electric: Circuit Breakers
Road Frontage: Public
Fencing: Fenced
Zoning:CBD
Directions:Lowell Street to Pelham Street

Tax and Financial Info

Tax Year: 2023
Tax Annual Amount: $8,966.88
Terms: Other (See Remarks)
Rent Includes: Unit 1(Water), Unit 2(Water)
Buyer Agency Compensation: 2.0
Transaction Broker Compensation: 1.0
Buyer Agent Compensation: 2.0

Listing Agent/Office

Listing provided courtesy of Raul Ortega, Berkshire Hathaway Homeservices Verani Realty Methuen.

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1-7 Pelham St Methuen,  MA 01844
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1-7 Pelham St Methuen, MA 01844
 
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Listing Information Last Updated 10/1/2023