308 Broadway, Methuen MA 01844 – 4 bed 4 bath For Sale – 73341842
Overview
- Updated On:
- March 24, 2025
-
- 73341842
- 4 Bedrooms
- 4 Bathrooms
- 0 Garage Spaces
- 5 Non-Garage Parking Spaces
- 1830
Description
*INVESTMENT OPPORTUNITY* A fantastic investment opportunity awaits with this well-situated four-unit building in the heart of Methuen’s library neighborhood. Each unit possesses its own layout and features. This tenant occupied property offers a turnkey solution for investors, featuring separate utilities, assigned parking, on-site laundry, and room for storage. It’s central location provides quick access to downtown Methuen and major highways, ensuring steady tenant demand and strong long-term value. OFFER DEADLINE Tuesday 3/18/25 5:00pm.
This property is listed by Erica Hadley from Century 21 North East
Property Listing Details
Overview
| MLS Status | Active Under Contract |
|---|---|
| Price | $ 749,900 |
| Living Area | 2,783.00 ft2 |
| Bedrooms | 4 |
| Total Rooms | 12 |
|---|---|
| Listing MLS ID | 73341842 |
| Days on Market | 18 |
| Bathrooms | 4 |
Unit Information
| Bedrooms | 4 |
|---|---|
| Full Bathrooms | 4 |
| Half Bathrooms | 0 |
| Cooling | None |
| Heating | Baseboard,Oil |
| Uncovered Parking | 5 |
| Garage Parking | 0 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | Electric Dryer Hookup,Washer Hookup |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Full,Walk-Out Access,Interior Entry,Concrete,Unfinished |
| Patio And Porch Features | |
| Parking Features | Paved Drive,Off Street,Assigned,Paved |
| Waterview Features | |
| Flooring | Varies |
Building Information
| Building Name | |
|---|---|
| Units in Building | 4 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials | Frame |
| Year Built | 1830 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Full,Walk-Out Access,Interior Entry,Concrete,Unfinished |
| Roof | Shingle |
Additional Details
| Community Features | Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Private School,Public School |
|---|---|
| Disclosures | City updated field card to reflect 4 unit property. |
| Last Updated | 2025-03-23T23:11:00.000Z |
| Building Area Source | Public Records |
| MLS PIN Page | |
| Parcel Number | M:00612 B:00122 L:00002,2040575 |
| Original List Price | 749900 |
| Listing Office | century 21 north east |
| Tax Annual Amount | 6291 |
|---|---|
| Tax Assessed Value | 594600 |
| Tax Book Number | 54 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | CBD |
| Listing Agent | erica hadley |
Amenities and Features
Payment Calculator
- Principal and Interest
- Property Tax
- HOA fee
Map
What's Nearby
Food
Miss Ann Soul Food
(6.75 miles)
The Smoke Shop BBQ
(0.66 miles)
Bada Bing
(0.09 miles)
Teriyaki Madness
(1.86 miles)
Master Kota Food Trailer
(1.35 miles)
Health & Medical
Deborah Fudge
(1.54 miles)
Methuen Family Chiropractic - Frank Rondinelli DC
(1.44 miles)Giordano Holistic Wellness Center
(0.42 miles)
Advanced Health & Wellness
(5.72 miles)Holy Family Hospital - Methuen
(1.07 miles)
Shopping
The Mall at Rockingham Park
(3.43 miles)Canal Street Antique Mall
(2.43 miles)Andover Village Square
(5.78 miles)Salem Flea Market
(1.3 miles)
Sir Pennycandys Apothecary
(0.29 miles)Contact Me
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308 Broadway, Methuen MA 01844 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
308 Broadway, Methuen MA 01844 – 4 bed 4 bath For Sale – 73341842
$ 749,900
Status: Active Under Contract
308 Broadway, Methuen MA 01844, Methuen, Central, Essex 01844
Country: US
Property Overview
MLS #: 73341842
Type: 4 Family /
Action: Residential Income
Year Built: 1830 (Actual, Source: Public Records, Effective: )
Living Area: 2,783.00 ft2 (Total: 2783 Square Feet, Source: Public Records)
Lot Size: 0.20 ft2 (Area: 0.2 Acres, SqFt: 8516)
Total Rooms: 12
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 4 (Main Level: )
Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )
Basement: Full,Walk-Out Access,Interior Entry,Concrete,Unfinished
Fireplaces: 0 ()
Flooring: Varies
Laundry: Electric Dryer Hookup,Washer Hookup
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials: Frame
Foundation: Block,Stone (Area: )
Roof: Shingle
Stories: 6 (6)
Common Walls:
Body Type:
Utilities & Green Features
Heating: Baseboard,Oil
Cooling: None
Water Source: Public
Sewer: Public Sewer ()
Utilities: for Gas Range,for Electric Range,for Electric Dryer,Washer Hookup
Electric: 100 Amp Service,Individually Metered (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 0
Covered Spaces: 0
Parking Total: 5
Parking Features: Paved Drive,Off Street,Assigned,Paved
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features:
View: City View(s) (, Waterview Y/N: No)
Waterfront:
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features: Public Transportation,Shopping,Park,Walk/Jog Trails,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Private School,Public School
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: Tenney Grammar, M: Tenney Grammar, H: Methuen High
Zoning: CBD ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
*INVESTMENT OPPORTUNITY* A fantastic investment opportunity awaits with this well-situated four-unit building in the heart of Methuen’s library neighborhood. Each unit possesses its own layout and features. This tenant occupied property offers a turnkey solution for investors, featuring separate utilities, assigned parking, on-site laundry, and room for storage. It’s central location provides quick access to downtown Methuen and major highways, ensuring steady tenant demand and strong long-term value. OFFER DEADLINE Tuesday 3/18/25 5:00pm.
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 4
Units Owner Occupied:
Unit 1: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1500, Lease: Y
Unit 2: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1500, Lease: Y
Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1600, Lease: Y
Unit 4: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 1500, Lease: Y
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 6291 (Year: 2025)
Tax Assessed Value: 594600
Tax Block/Lot/Book/Map: / / 54 /
Parcel Number: M:00612 B:00122 L:00002,2040575
Special Licenses:
Current Financing:
Gross Income: 73200 (Scheduled: )
Net Operating Income: 73200
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source: Owner
APOD Available: No
Tenant Pays:
Rent Includes: Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water)
Total Actual Rent: 6100
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Erica Hadley (MLS ID: CN205688) / Team:
Listing Office: Century 21 North East (MLS ID: AN4349)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-05
Expiration Date: 1900-01-01
Original List Price: 749900
Price Per SqFt (List): 269.46
Market Time (Property): 18 (Broker: 18, Prev Broker: 0, Prev Property: 0)
MLS Status: Contingent
Possession:
Directions: RT 213 to RT 28
Disclosures: City updated field card to reflect 4 unit property., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency: Pending P&S
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 345)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-05-08T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-03-18
Sold vs Rent:
System Information
Property ID: 1854355
Modification Timestamp: 2025-03-23T23:11:00.000Z
Bridge Modification Timestamp: 2025-03-23T23:11:30.803Z
Original Entry Timestamp: 2025-03-05T23:21:00.000Z
Status Change Timestamp: 2025-03-20T21:59:00.000Z
Off Market Date:
Development Status:
Business Type:
