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9-11 High Street
Methuen, MA. 01844

Essex County
Directions: Broadway (rt. 28) To High St. Near Hampshire St.

MLS # 72797414 - Under Agreement
Multi-Family 4 Family - 4 Units Up/Down   Yellow

List Price $699,900 Days on Market  
List Date   # Units 4
Sale Price   # Floors  
Sold Date   Rooms 18
Assessed Value $479,000 Bedrooms 10
Gross Living Area 3,960SF Full Baths 4
Lot Size 11,500SF Half Baths 0
Taxes $6,318.01 Fireplaces  
Tax Year 2021 Basement Yes
Zoning CBD Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 8
    Garage Spaces 0

Remarks:

Great opportunity for a savvy investor or an owner-occupant to make an investment in this 4-family property in a convenient and desirable downtown location in Methuen center. The 2 first floor units have a living room, kitchen, 2 bedrooms & a bath, while the 2nd floor units have the same set-up plus a small extra room. The vinyl siding and D/G, replacement windows are younger and the roof shingles are about 1 year old. Separately metered electric services are 100 amps each, and there is a house meter. The interiors have had updates and show well. Please follow Covid guidelines. Limit of 2 buyers at a showing and no children on showings please. Tenants are all 'Tenant at Will'. Respect the tenants' privacy please. You will be able to see 3 of the 4 apts. this weekend between 10:00 A.M. and 2:00 P.M. The 2 owners will be there to escort you through the building. Each time slot will be 15 minutes. Please do not enter the building until one of the owners comes for you to go through.

Features
Amenities   Public
   Transportation,
   Shopping, Park, Medical
   Facility, Highway
   Access, Private School,
   Public School
Basement   Full
Construction   Frame
Electricity   110 Volts,
   220 Volts, Circuit
   Breakers, 100 Amps,
   Individually Metered
Energy   Insulated
   Windows, Storm Doors
Exterior   Vinyl
Exterior Feat.   Porch,
   Screens
Flooring   Wood, Wall to
   Wall Carpet
Foundation   Fieldstone
Foundation Size   IRREG
Heating Zones   4
Hot Water   Oil
Lead Paint   Unknown
Lot   Paved Drive, Level
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
UFFI   No
Utility Connections   for
   Electric Range
Warranty   No
Units
Common Features Appliances: None; Cooling: None
Unit 1 Appliances: Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup; Bedrooms: 2; Cooling:
     None; Floor: 1; Full Baths: 1; Heating: Hot Water Radiators; Lease: No; Levels: 1; Rent: 900; Rent
     Includes: Heat, Hot Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen, Laundry
Unit 2 Appliances: Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup; Bedrooms: 3; Cooling:
     None; Floor: 2; Full Baths: 1; Heating: Hot Water Radiators; Lease: No; Levels: 1; Rent: 900; Rent
     Includes: Heat, Hot Water; Rooms: 5; Rooms Desc.: Living Room, Laundry
Unit 3 Appliances: Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup; Bedrooms: 2; Cooling:
     None; Floor: 1; Full Baths: 1; Heating: Hot Water Radiators; Lease: No; Levels: 1; Rent: 900; Rent
     Includes: Heat, Hot Water; Rooms: 4; Rooms Desc.: Living Room, Kitchen, Laundry
Unit 4 Appliances: Range, Microwave, Refrigerator, Washer Hookup, Dryer Hookup; Bedrooms: 3; Cooling:
     None; Floor: 2; Full Baths: 1; Heating: Hot Water Radiators; Lease: No; Levels: 1; Rent Includes:
     Heat, Hot Water; Rooms: 5; Rooms Desc.: Living Room, Kitchen, Laundry
Financial Info
Electricity   $320
Expenses Source   Owner
   Provided
Expenses Year End   12/20
Gross Expenses   $7,372
Gross Oper. Income  
   $43,200
Heat   $4,108
Insurance   $1,892
Net Oper. Income   $35,828
Water   $1,052
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
   05/28/2021
Deed   Book: 9041, Page:
   124
Disclosures   Commission
   is based on sales price
   minus any seller
   concessions. All offers
   are due by 6:00 PM on
   March 15th. Make offers
   good until 8:00 P.M. on
   March 15th.Seller
   reserves the right to
   accept an offer prior to
   the deadline.
Foreclosure   No
GLA Source   Public Record
Off Market Date   3/24/21
Seller Disclosure Doc  
   Yes
Short Sale   No
Year Built Desc.   Actual
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 5/3/21 10:03am

Courtesy: MLSPIN

Listing Office: RE/MAX Partners Listing Agent: Richard Coco


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The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.