Methuen, MA 01844 157-159 Swan St
$1,100,000
26 more
Presented By: The Schlesman Realty Group with ERA Key Realty Services.
Beds • 10
Baths • 4
SQFT • 5,446
Home Details
Amazing multi-family opportunity! Great location, updated units, great cashflow potential. Some current rents are below market. Large and level lot - there may be potential to build, Buyer and Buyer's Agent to perform any and all due diligence with City, Seller had preliminary discussions. Solar is owned, additional information to be provided by Seller. Set up showing or attend an Open House. Private showings require proof of funds or preapproval. One unit available to show, other units will be shown with accepted offer. Please do not disturb tenants. All information provided by Seller, Buyer and Buyer Agent to perform all due diligence.
Presented By: The Schlesman Realty Group with ERA Key Realty Services.
Interior Features for 157-159 Swan St
Bedrooms
Total Bedrooms10
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NYes
FlooringVinyl
Heating Y/NYes
Laundry FeaturesElectric Dryer Hookup, Washer Hookup
Total Fireplaces1
Total Stories5
General for 157-159 Swan St
AppliancesRange, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Building Area UnitsSquare Feet
CityMethuen
Community FeaturesShopping, Medical Facility, Laundromat, Highway Access, T-Station
Construction MaterialsFrame
ContingencyPending P&S
CoolingWindow Unit(s)
CountyEssex
DirectionsEast Street to 157 - 159 Swan Street
DisclosuresSee 2023 Income, Maintenance and Expense Attachment. Finished area approximately 5300 sq. ft - this does not agree to Property Record Card.
Electric200+ Amp Service
Electric Expense10482
ExclusionsNone.
Full Baths4
Garage Spaces
Garage Y/NNo
Green Energy GenerationSolar
Gross Income110400
HeatingOil
Home Warranty Y/NNo
Insurance Expense3649
Interior FeaturesLiving Room, Dining Room, Kitchen, Living RM/Dining RM Combo
Lot Size Square Feet32583
Lot Size UnitsAcres
Net Operating Income84267
NumberOfUnitsTotal4
Operating Expense26133
Patio/Porch FeaturesPorch, Deck
Property SubType4 Family
Property TypeResidential Income
Rent IncludesUnit 1(Heat, Electric, Water, Hot Water), Unit 2(Heat, Electric, Water, Hot Water), Unit 3(Heat, Electric, Water, Hot Water)
RoofShingle
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Sub-Agency Relationship OfferedNo
Tax Annual Amount7812
Tax Assessed Value719300
Tax Year2024
Total Actual Rent9200
Total Rooms18
Utilitiesfor Electric Range, for Electric Dryer, Washer Hookup
Waterfront Y/NNo
Year Built1952
Year Built DetailsActual
Year Built SourcePublic Records
ZoningRC
Exterior for 157-159 Swan St
Building Area Total5446
Covered Spaces
Foundation DetailsBlock
Lot FeaturesGentle Sloping
Lot Size Acres0.75
Lot Size Area0.75
Open Parking Y/NYes
Parking FeaturesPaved Drive, Off Street
Road Frontage TypePublic
SpaNo
Total Parking10
Water SourcePublic
Additional Details
Price History
