1-3 Fairoaks Ave Active Save Request In-Person Tour Request Virtual Tour
Methuen,MA 01844
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 $222
MLS Listing ID 73277653
Bedrooms 8
Full Baths 4
Year Built 1901
Annual Tax Amount $10,807
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Property Description
Discover this exceptional 2-family home, a proven money maker even w/ current below-market rents, nestled in the picturesque Methuen neighborhood at the corner of tree-lined Vermont and Fairoaks. This property has been lovingly maintained for years, w/ numerous major updates and replacements already completed—leaving nothing to do but make it your own. With it's stunning craftsmanship and character, each side offers 4+ bedrooms, 2 baths, eat in kitchens, living room, dining room, and extra rooms for office, etc. Conveniently located just minutes from excellent local dining, shopping, medical facilities, and major highway access, this property offers the perfect blend of comfort and accessibility. Whether you're looking to occupy one unit and offset your mortgage with the rental income from the second unit or seeking a solid investment opportunity with both units rented out, this home is ideal for both scenarios.
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
Waterfront false
Roof Type Shingle
Parking Type Paved Drive
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