1-3 Ingalls Ct & 164-164a Broadway, Methuen MA 01844 – 11 bed 5 bath For Sale – 73349147
Overview
- Updated On:
- March 29, 2025
-
- 73349147
- 11 Bedrooms
- 5 Bathrooms
- 0 Garage Spaces
- 6 Non-Garage Parking Spaces
- 1945
Description
Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings—a three-family and a two-family—on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors. OFFERS DUE MONDAY 03/31 BY 5PM.
This property is listed by Eridania Reyes from View Real Estate Group
Property Listing Details
Overview
| MLS Status | Active |
|---|---|
| Price | $ 1,199,900 |
| Living Area | 4,883.00 ft2 |
| Bedrooms | 11 |
| Total Rooms | 26 |
|---|---|
| Listing MLS ID | 73349147 |
| Days on Market | 3 |
| Bathrooms | 5 |
Unit Information
| Bedrooms | 11 |
|---|---|
| Full Bathrooms | 5 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 6 |
| Garage Parking | 0 |
| Water View | No |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | |
| Patio And Porch Features | |
| Parking Features | Paved Drive |
| Waterview Features | |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 5 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1945 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | |
| Roof |
Additional Details
| Community Features | Public Transportation,Shopping,Medical Facility,Laundromat,Highway Access |
|---|---|
| Disclosures | |
| Last Updated | 2025-03-29T19:53:00.000Z |
| Building Area Source | Other |
| MLS PIN Page | |
| Parcel Number | |
| Original List Price | 1199900 |
| Listing Office | view real estate group |
| Tax Annual Amount | 9991 |
|---|---|
| Tax Assessed Value | 944300 |
| Tax Book Number | 6546 |
| Tax Year | 2025 |
| Year Built Details | Actual |
| Year Built Source | Public Records |
| Zoning | CBD |
| Listing Agent | eridania reyes |
Amenities and Features
Payment Calculator
- Principal and Interest
- Property Tax
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Map
What's Nearby
Food
The Smoke Shop BBQ
(1.09 miles)
Yalla Grill
(2.56 miles)
The Charcoal Pit Mediterranean Grill
(6.31 miles)
Crispelli USA
(1.59 miles)
Thwaites Market
(0.23 miles)
Health & Medical
Deborah Fudge
(1.25 miles)Methuen Family Chiropractic - Frank Rondinelli DC
(1.12 miles)Giordano Holistic Wellness Center
(0.16 miles)
Advanced Health & Wellness
(5.16 miles)Holy Family Hospital - Methuen
(0.84 miles)
Shopping
Canal Street Antique Mall
(1.89 miles)The Mall at Rockingham Park
(3.99 miles)
Andover Village Square
(5.22 miles)Sir Pennycandys Apothecary
(0.28 miles)New Balance Factory Store
(1.95 miles)
Contact Me
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1-3 Ingalls Ct & 164-164a 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.
1-3 Ingalls Ct & 164-164a Broadway, Methuen MA 01844 – 11 bed 5 bath For Sale – 73349147
$ 1,199,900
Status: Active
1-3 Ingalls Ct & 164-164a Broadway, Methuen MA 01844, Methuen, , Essex 01844
Country: US
Property Overview
MLS #: 73349147
Type: 5+ Family - 5+ Units Up/Down /
Action: Residential Income
Year Built: 1945 (Actual, Source: Public Records, Effective: )
Living Area: 4,883.00 ft2 (Total: 4883 Square Feet, Source: Other)
Lot Size: 0.13 ft2 (Area: 0.13 Acres, SqFt: 5760)
Total Rooms: 26
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 11 (Main Level: )
Bathrooms: Total: 5 (Full: 5, Half: 0, Decimal: 5, Main Level: )
Basement:
Fireplaces: 0 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Block (Area: )
Roof:
Stories: 9 (9)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: (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: 6
Parking Features: Paved Drive
Pool:
Spa:
Patio/Porch:
Fencing: Fenced/Enclosed
Lot Features:
View: (, Waterview Y/N: No)
Waterfront:
Road Frontage: ()
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,Medical Facility,Laundromat,Highway Access
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: CBD ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings—a three-family and a two-family—on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors. OFFERS DUE MONDAY 03/31 BY 5PM.
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: 5
Units Owner Occupied:
Unit 1: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Unit 3: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: , Lease:
Unit 4: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: N
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 9991 (Year: 2025)
Tax Assessed Value: 944300
Tax Block/Lot/Book/Map: / / 6546 /
Parcel Number:
Special Licenses:
Current Financing:
Gross Income: (Scheduled: )
Net Operating Income:
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source:
APOD Available: No
Tenant Pays:
Rent Includes:
Total Actual Rent: 0
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Eridania Reyes (MLS ID: CN252517) / Team:
Listing Office: View Real Estate Group (MLS ID: AN7777)
Agent (Property): 57
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2025-03-26
Expiration Date: 1900-01-01
Original List Price: 1199900
Price Per SqFt (List): 245.73
Market Time (Property): 3 (Broker: 3, Prev Broker: 0, Prev Property: 0)
MLS Status: New
Possession:
Directions: Broadway St
Disclosures: , N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag: 1
Listing Alert: No
Square Feet Disclosures: (Incl. Base: No, Other: )
Master Book/Page: / (Page: 295)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date:
Concessions Amount:
Purchase Contract Date:
Sold vs Rent:
System Information
Property ID: 1953394
Modification Timestamp: 2025-03-29T19:53:00.000Z
Bridge Modification Timestamp: 2025-03-29T19:56:42.930Z
Original Entry Timestamp: 2025-03-26T07:05:00.000Z
Status Change Timestamp: 2025-03-26T07:05:00.000Z
Off Market Date:
Development Status:
Business Type:
