16 Quincy St, Methuen MA 01844
Methuen, MA 01844
$1,399,000
$1,249,000
Est. $7,371/month
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About this home
This exceptional multi-residence property showcases beautifully preserved historic character, featuring rich original woodwork, intricate millwork, pocket doors, and multiple fireplaces. Details that are nearly impossible to replicate today. The main residence offers expansive living spaces designed for both everyday comfort and elegant entertaining. Filled with natural light and classic charm. Beyond the owner's space, two additional units provide strong income potential, each with private living areas, separate utilities, and updated systems. Major upgrades have already been completed, including updated plumbing, modern heating systems, and on-demand hot water offering the perfect balance of historic beauty and modern reliability. Outdoor living is equally inviting, with private deck space and thoughtfully landscaped areas that enhance the overall lifestyle experience. This is not your typical multi-family, it is a rare blend of character, flexibility, and income potential!!
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
10.7%
Price Range
Property Timeline
Price Reduced
Jun 8, 2026
$1,249,000
$150,000
(-10.72%)
From $1,399,000 to $1,249,000 (-10.7%)
Listed for Sale
May 21, 2026
$1,399,000
Original listing
Office: eXp Realty
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/08/2026 | ↓ Price Reduced | $1,249,000 | $150,000 | - | From $1,399,000 to $1,249,000 (-10.7%) |
| 05/21/2026 | 🏠 Listed for Sale | $1,399,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $10,266 | $970,300 |
Financial Details
Annual Property Tax
$10,266
Tax Year 2025
Assessed Value
$970,300
Facts & Features
Central AC
Home Facts
Type
Residential Income
Style
3 Family - 3 Units Up/Down
Year Built
1915
Living Area
5,386 sq ft
Lot Size
0.23 acres
Bedrooms
6
Full Baths
5
Total Rooms
16
Investment Metrics
Units
3
Unit 1 Rent
$3,500/mo · N
Unit 2 Rent
$1,200/mo · Y
Unit 3 Rent
$2,200/mo · Y
Total Monthly Rent
$6,900/mo
Gross Income
$82,800
Net Operating Income
$27,659
Operating Expenses
$15,541
Water/Sewer Expense
$1,265
Insurance Expense
$3,936
Cap Rate
2.21%
Interior
Heating
Steam, Natural Gas, Ductless, Central, Forced Air, Electric, Unit Control
Cooling
Ductless, Central Air, Unit Control
Flooring
Wood, Tile, Hardwood
Appliances
Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace
Wood Burning
Fireplaces
4
Basement
Full, Bulkhead, Concrete
Laundry
None
Features
Ceiling Fan(s), Stone/granite/solid Counters, High Speed Internet, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Family Room, Office/den
Exterior
Construction
Frame
Architecture
None
Roof
Slate
Features
Balcony/deck, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck, Deck - Wood
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
4
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$10,266
Assessed Value
$970,300
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
white
Sq Ft Source
Measured
Sq Ft Disclosures
public record living area
Documents
None
County
Essex
Total market time (incl. prior listings)
50 days
Property Overview
Property Type
3 Family - 3 Units Up/Down
Listing Type
For Sale
Year Built
1915
Bedrooms
6
Full Bathrooms
5
Living Area
5,386 sq ft
Total Rooms
16
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
5,386 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck, Deck - Wood
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Hardwood
Appliances:
Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Ceiling Fan(s), Stone/Granite/Solid Counters, High Speed Internet, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Family Room, Office/Den
Windows:
Stained Glass Window(s), Storm Window(s), Screens
Basement:
Full, Bulkhead, Concrete
Laundry:
Security:
Security System
Construction & Materials
Year Built:
1915
Structure Type:
Exterior Materials:
Frame
Roof:
Slate
Foundation:
Stone
Stories:
4
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas, Ductless, Central, Forced Air, Electric, Unit Control
Cooling:
Ductless, Central Air, Unit Control
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Balcony, Rain Gutters, Professional Landscaping, Sprinkler System
Patio & Porch:
Porch, Deck, Deck - Wood
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Paved
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Paved
Special Features
Fireplaces:
4
Fireplace Type:
Wood Burning
Community Amenities:
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, Sidewalks
Nearby Schools
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
Elementary Schools
8 schools
C
Donald P Timony Grammar School
0.9 mi
|
#281 of 352
|
Score: 33.3
Improved 32 spots from last year
-24.9 below state avg
1,172 students
Diverse
Rising School
Strong Attendance
Grades K-08
C
Tenney Grammar School
1.2 mi
|
#253 of 352
|
Score: 36.0
Improved 11 spots from last year
-22.3 below state avg
1,246 students
Moderate
Grades K-08
St. Monica Elementary School
1.4 mi
Grades K-08
C+
Comprehensive Grammar School
1.8 mi
|
#220 of 352
|
Score: 39.4
Improved 12 spots from last year
-18.8 below state avg
1,046 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-08
The Islamic Academy
1.9 mi
Grades PK-08
Saint Ann's Home School
2.4 mi
Grades K-12
B
Marsh Grammar School
3.9 mi
|
#155 of 352
|
Score: 44.1
Improved 17 spots from last year
-14.1 below state avg
996 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-08
Early Childhood Center
3.1 mi
163 students
Diverse
Grades PK-K
High Schools
3 schools
C+
Methuen High School
1.0 mi
|
#218 of 346
|
Score: 49.9
Improved 35 spots from last year
-8.4 below state avg
1,841 students
Diverse
18 sports
• 1,820 athletes
High Graduation Rate
Rising School
Career Tech Programs
Strong Athletics
Grades 09-12
Notre Dame Cristo Rey High School
1.2 mi
17 sports
• 423 athletes
Strong Athletics
Grades 09-11
Presentation of Mary Academy
1.3 mi
Grades 09-12
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Including down payment
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Monthly Payment Breakdown
Principal & Interest
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Property Tax
$856
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
16 Quincy St, Methuen MA 01844
Methuen, MA 01844
Listing Information
Listing Office
eXp Realty LLC - Corporate Office
Office Phone
888-854-7493
Agent MLS ID
CN251907
Office MLS ID
AC0342
Listing Data Updated
Jul 10, 2026 10:38 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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