16 Quincy St, Methuen MA 01844

Methuen, MA 01844
$1,399,000
$1,175,000
Est. $6,997/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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6
Beds
5
Baths
5,386
Sq Ft
$218
Price/Sq Ft
0.23
Acres
1915
Year Built
4
Parking
122
Days on Market
For Sale Price Drop -$224,000 Listed May 21, 2026 • MLS# 73517102 Copied! • Updated Sep 12, 2026

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About this home

NEW PRICE + $20,000 SELLER CREDIT WITH AN ACCEPTABLE OFFER! A rare opportunity to own one of Methuen’s most distinctive and spacious multi-family properties. This impressive three-unit residence offers over 5,300 sq. ft. of living space, beautiful architectural character, generous room sizes, multiple fireplaces, stained glass details, updated systems, and exceptional flexibility for an owner-occupant, investor, or multi-generational living arrangement. The current owner has completed extensive improvements and upgrades throughout the property, preserving its historic character while enhancing functionality, comfort, and long-term value. The expansive primary residence offers the feel of a substantial single-family home while the additional units provide valuable rental income potential.Seller is offering up to a $20,000 credit with an acceptable offer, which may be used toward exterior painting and finishing, closing costs, an interest-rate buy down, or other allowable buyer expenses.Seller resides out of state and prefers a simple, streamlined as-is transaction. Buyers are encouraged to conduct inspections for informational purposes.This is a unique opportunity to own a property with size, character, income potential, and flexibility that is difficult to replicate in today’s market.

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
16%
Price Range

Property Timeline

Price Reduced
Sep 9, 2026
$1,175,000 $74,000 (-5.92%)
From $1,249,000 to $1,175,000 (-5.9%)
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

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
Stories 4
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 $57,633
Operating Expenses $25,167
Water/Sewer Expense $1,265
Insurance Expense $3,936
Cap Rate 4.90%
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
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
Features Paved Drive, Off Street, Paved
Total Spaces 4
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,266
Assessed Value $970,300
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures None
Exclusions Foyer Decorations, Furniture In Basement, And Hall-Tree In Kitchen.
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) 114 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

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, Private School, Public School, Sidewalks
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

3 schools
F
Francis M. Leahy School
0.8 mi | #812 of 825 | Score: 25.6
Improved 21 spots from last year
-32.6 below state avg
461 students Less Diverse
Rising School
Grades PK-04
C
Edward F. Parthum School
0.8 mi | #618 of 825 | Score: 39.8
Improved 64 spots from last year
-18.4 below state avg
626 students Less Diverse
Rising School
Grades K-04
Rollins Early Childhood Center
0.8 mi
139 students Less Diverse
Grades PK-K
M

Middle Schools

3 schools
C-
Parthum Middle School
0.8 mi | #290 of 352 | Score: 32.4
Dropped 12 spots from last year
-25.8 below state avg
572 students Less Diverse
Grades 05-08
F
Oliver Middle School
1.0 mi | #346 of 352 | Score: 24.3
Dropped 28 spots from last year
-33.9 below state avg
466 students Less Diverse
Grades 05-08
C-
Arlington Middle School
1.1 mi | #313 of 352 | Score: 30.5
Improved 36 spots from last year
-27.7 below state avg
509 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
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
B-
RISE Academy
1.1 mi | #223 of 346 | Score: 66.7
Same rank as last year
105 students Less Diverse
College Ready Curriculum
Grades 06-12
Central Catholic High School
1.1 mi
21 sports • 2,718 athletes
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 $856
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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

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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 Quincy St, Methuen MA 01844

Methuen, MA 01844

Listing Information

Listing Agent Kris Peters
Listing Office eXp Realty LLC - Corporate Office
Office Phone 888-854-7493
Agent MLS ID CN251907
Office MLS ID AC0342
Listing Data Updated Sep 12, 2026 3:05 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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