16-18 Annis St, Methuen MA 01844

Methuen, MA 01844
$999,999
Est. $5,907/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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11
Beds
5
Baths
3,519
Sq Ft
$284
Price/Sq Ft
0.12
Acres
1900
Year Built
3
Parking
New today
Time on Market
For Sale Open House Listed Oct 20, 2026 • MLS# 73593124 Copied! • Updated Oct 21, 2026

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Open House Schedule

24
Oct
Saturday, October 24
11:30 AM - 1:00 PM EDT
25
Oct
Sunday, October 25
11:30 AM - 1:00 PM EDT

About this home

Exceptional multifamily investment opportunity featuring a three-family residential property with strong income-producing potential. Each unit offers three bedrooms, one full bathroom, and an additional flexible room ideal for a home office, study, guest room, or storage. Unit 1 is further enhanced by bonus extension rooms and additional living space in the lower-level in-law area, providing increased functionality and versatility. The spacious and adaptable floor plans appeal to a broad range of tenants while also offering flexibility for owner-occupants looking to offset housing expenses. Conveniently located near local amenities, major highways, shopping, and dining, this property presents an attractive opportunity for investors seeking rental income and long-term value. A valuable addition to any real estate investment portfolio.Buyers are encouraged to perform their own due diligence regarding all measurements, uses, and occupancy.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Oct 21, 2026
$999,999
Original listing
Office: Capital Real Estate Group LLC

Tax History

Year Taxes Assessment
2026 $7,801 $750,100

Financial Details

Annual Property Tax
$7,801
Tax Year 2026
Assessed Value
$750,100

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 3,519 sq ft
Lot Size 0.12 acres
Stories 3
Bedrooms 11
Full Baths 5
Total Rooms 13

Investment Metrics

Units 3
Unit 1 Rent $4,900/mo · Y
Unit 2 Rent $2,500/mo · Y
Unit 3 Rent $2,250/mo · Y
Total Monthly Rent $9,650/mo
Gross Income $115,800
Net Operating Income $115,800
Cap Rate 11.58%
Heating None
Cooling None
Flooring Vinyl
Appliances None
Fireplace None
Basement Partially Finished
Laundry None
Features Living Room, Dining Room, Kitchen, Office/den
Construction Vertical Siding
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing Fenced
Patio/Porch None
Features Paved Drive, Off Street
Total Spaces 3
Electric 220 Volts
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $7,801
Assessed Value $750,100
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures Buyer/buyers Agent To Do Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Essex
Total market time (incl. prior listings) 1 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
11
Full Bathrooms
5
Living Area
3,519 sq ft
Total Rooms
13
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Vinyl
Appliances:
Interior Features: Living Room, Dining Room, Kitchen, Office/Den
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Vertical Siding
Roof: Shingle
Foundation: Concrete Perimeter
Stories: 3

Utilities & Systems

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing: Fenced
Other Structures: Gazebo
Lot Features:
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street
School District
Methuen School District local
C-
⚠ School Safety 2024-25
4.6% Above Average
4.4% Suspensions 1.5% In-School 0.2% Emergency
↓ 0.9% below state avg
E

Elementary Schools

8 schools
St. Monica Elementary School
0.6 mi
Grades K-08
The Islamic Academy
0.7 mi
Grades PK-08
C-
Donald P Timony Grammar School
0.9 mi | #287 of 352 | Score: 32.8
Improved 26 spots from last year
-25.4 below state avg
1,198 students Diverse
Rising School
Grades K-08
C
Tenney Grammar School
0.9 mi | #250 of 352 | Score: 36.1
Improved 14 spots from last year
-22.1 below state avg
1,197 students Moderate
Grades K-08
Saint Ann's Home School
1.3 mi
Grades K-12
C+
Comprehensive Grammar School
2.0 mi | #219 of 352 | Score: 39.2
Improved 13 spots from last year
-19 below state avg
981 students Diverse
Diverse Student Body
Grades K-08
B
Marsh Grammar School
2.8 mi | #158 of 352 | Score: 43.9
Improved 14 spots from last year
-14.4 below state avg
981 students Diverse
Diverse Student Body Strong Attendance
Grades K-08
Early Childhood Center
2.0 mi
147 students Diverse
Grades PK-K
H

High Schools

3 schools
Notre Dame Cristo Rey High School
0.5 mi
17 sports • 423 athletes
Strong Athletics
Grades 09-11
Presentation of Mary Academy
0.6 mi
Grades 09-12
C+
Methuen High School
1.0 mi | #218 of 346 | Score: 50.6
Improved 35 spots from last year
-7.6 below state avg
1,751 students Diverse
18 sports • 1,820 athletes
Rising School Career Tech Programs Strong Athletics
Grades 09-12
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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $650
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

16-18 Annis St, Methuen MA 01844

Methuen, MA 01844

Listing Information

Listing Agent Esthefanie Castillo
Listing Office Capital Real Estate Group LLC
Office Phone 978-235-5136
Agent MLS ID CN244275
Office MLS ID AN6000
Listing Data Updated Oct 21, 2026 3:30 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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Steve Novak Real Estate
Steve Novak Real Estate
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