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$649,900
Total Beds: 7 Total Baths: 3
Total Units: 3 SQFT: 3150
LOT size: 0.38 Acres
5-7 Kensington Ave
Methuen, MA 01844
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This Property is No Longer Available

Property Description

Three family property perfect for the owner occupant or investor. First and second floor units are identical and feature 2/3 bedrooms, full bath, and living room. Third floor unit features 1 bedroom, living room and full bath. All kitchens have been updated with cabinets and granite countertops. Washer/dryer and storage located in the basement. Plenty of off street parking for all units. All separate utilities. Second floor is currently vacant and ready to go. Property sits on an oversized 16k lot!! Huge potential! Do not miss out!

Property Details

Building Information

  • Total Units: 3
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 3
  • Amenities: Highway Access, Public School, Public Transportation, Shopping
  • Basement Features: Concrete Floor, Full, Unfinished Basement

Financial

  • APOD Available: No
  • Gross Operating Income: 21600
  • Net Operating Income: 21600

Utilities

  • Electric Info: 110 Volts, On-Site
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Other Rooms: Dining Room, Kitchen, Living Room
  • Appliances: Range, Refrigerator
  • Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard
  • Levels: 1

Unit 3 Description

  • Under Lease: No
  • Floors: 3
  • Other Rooms: Kitchen, Living Room
  • Heating: Electric Baseboard, Hot Water Baseboard, Other (See Remarks)
  • Levels: 1

Construction

  • Year Built: 1905
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Laminate, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73181540
  • Last Updated: 12/05/23
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Joe Pinto, RE/MAX American Dream
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2023 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2023-12-05 03:30:00

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