36-38 Pine St, Methuen, MA 01844

Local realty services provided by:Better Homes and Gardens Real Estate The Shanahan Group
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36-38 Pine St,Methuen, MA 01844
$899,900
  • 10 Beds
  • 4 Baths
  • 3,797 sq. ft.
  • Multi-family
  • Active
Listed by:mark akmakjian
Office:hart of new england realty
MLS#:73420074
Source:MLSPIN

Price summary

  • Price:$899,900
  • Price per sq. ft.:$237

About this home

Solid owner occupied four-unit multifamily investment property in Methuen center This property offers a mix of (2) 3-bedroom townhouse style units and (2) 2-bedroom garden style units, totaling 3,797 square feet of living space on a 0.19-acre parcel. Long term tenants. Newer windows, newer water heater tanks, and newer appliances. Older kitchens and baths that could use updating, and the 4 boilers are old, but everything is functional and the tenants are happy. Additional amenities such as 8 off-street parking spaces, a handy back yard storage shed, and backyard lawn area. Located in a high-demand area, the property provides easy access to major highways (Routes 93 & 213), downtown Methuen, and is just minutes from the New Hampshire state line. Current rental rates are far below market rents, but once the building is spruced up, there is an opportunity to enhance revenue to $9,000.00/month. The price reflects the work needed.

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Home facts

  • Year built:1930
  • Listing Id #:73420074
  • Updated:August 24, 2025 at 10:26 AM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,797 sq. ft.

Heating and cooling

  • Heating:Baseboard, Natural Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1930
  • Building area:3,797 sq. ft.
  • Lot area:0.19 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$899,900
  • Price per sq. ft.:$237
  • Tax amount:$6,632 (2025)
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