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You are here:
Home Massachusetts Methuen Multi-Family Homes for Sale

37 Albion St Methuen, MA 01844

5 Days on Boston Pads
27 Photos
$800,000
2 Unit
5 Beds
2 Baths
2500 SQFT
0.14 Acre
37 Albion St
Methuen, MA 01844

Property Description

Well-maintained 2-family property offering updated kitchens and bathrooms in both units. The first-floor unit includes 2 bedrooms, 1 full bath, a spacious living room, and a thoughtfully designed kitchen with modern updates and plenty of cabinet space. The second-floor unit features 3 bedrooms, 1 full bath, an open living and dining area that creates a comfortable flow, plus a versatile bonus room that works well as an office, playroom, or additional storage. Both units are currently occupied, providing steady rental income from day one. The property offers efficient layouts, well-sized rooms, and desirable updates throughout. Ideal opportunity for investors seeking reliable cash flow or buyers looking for a multi-family with strong long-term potential. Showings start at the open house 12/6 at 1:30pm.

Property Overview

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Basement Features: Full
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den, Sunroom
  • Common Interior Features: Ceiling Fans, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Central Heat, Hot Water Radiators, Steam
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 18000
  • Net Operating Income: 18000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1900
  • Type: 2 Family - 2 Units Up/Down
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73458499
  • Last Updated: 12/05/25

Date Event Price Price/Sq Ft Source
12/05/2025Active$800,000$320MLSPIN
12/01/2025New$800,000$320MLSPIN

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Map & Resources

Currier School (Methuen Adult Learning Center)

School

0.66mi

Timony Grammar School

School

0.66mi

Methuen High School

Public Secondary School, Grades: 9-12

0.71mi

Donald P Timony Grammar School

Public Elementary School, Grades: PK-8

0.83mi

Tenney Grammar School

School

0.88mi

Jersey Mike's Subs

Sandwich (Fast Food)

0.73mi

Tropical Smoothie Cafe

Juice (Fast Food)

0.83mi

Chuck E. Cheese

Pizzeria

0.81mi

Not Your Average Joes

Pizza & Burger & American & Sandwich & Salad Restaurant

0.82mi

Methuen Fire Department East Fire Station

Fire Station

0.54mi

Holy Family Hospital

Hospital

0.35mi

AMC Methuen 20

Cinema

0.83mi

Planet Fitness

Fitness Centre

0.84mi

Orangetheory Fitness

Fitness Centre

0.84mi

Veterans Memorial Park

Park

0.37mi

Ashford Street Playground

Park

0.56mi

Howard Playstead

Park

0.89mi

Conservation Land

Nature Reserve

0.35mi

Conservation Land

Nature Reserve

0.38mi

Conservation Land

Nature Reserve

0.41mi

Conservation Land

Nature Reserve

0.73mi

M&T Bank

Bank

0.62mi

TD Bank

Bank

0.64mi

Santander

Bank

0.81mi

Supercuts

Hairdresser

0.83mi

Aspen Dental

Dentist

0.73mi

Pearle Vision

Optician

0.82mi

Haffner's

Gas Station

0.81mi

Shell

Gas Station

0.83mi

The Loop

Mall

0.72mi

The Loop

Mall

0.75mi

Target

Department Store

0.54mi

Marshalls

Department Store

0.78mi

Walmart

Department Store

0.82mi

Valero

Convenience

0.67mi

CVS Pharmacy

Pharmacy

0.6mi

Walgreens

Pharmacy

0.64mi

Seller's Representative: Drake Cormier, Coldwell Banker Realty - Beverly
MLS ID#: 73458499

© 2025 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 2025-12-05 03:05:00

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