510 Prospect St Methuen, MA $ 899,700
510 Prospect St
$ 899,700
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510 Prospect St

Methuen, MA, 01844
$ 899,700
Bedrooms4 Baths2.1 Sq 2,852

Monthly Estimate*

$ 6,214

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Multi-Family Home for sale in Methuen, MA

for $899,700 with 4 bedrooms and 2 full baths, 1 half bath. This 2,852 square foot home was built in 2013 on a lot size of 0.54.

THE POSSIBILITIES OF THIS PROPERTY ARE ALMOST ENDLESS! NOTE: THIS IS NOT CURRENTLY A MULTI FAMILY. There is IMMEDIATE potential for an ADU either in the basement or in the barn/garage (previously DELEADED). The walk-out basement has approx 700 sq ft of finish-able space. The first level of the barn/garage has approx 1035 sq ft, the 2nd level of the barn has approx 770 sq ft and the 3rd level of the barn has an additional 372 sq ft. The first level of the barn/garage would be perfect for a handicap accessible unit ! All of which could be finished with the proper permits. The lower level of the barn could still remain as a garage but also has other potential. In addition, a buyer could potentially apply for a zoning change to Multi-Family, which could allow the barn to be finished into 2 or 3 different units plus the walk-out lower level of the main house. Prospect Street already has multiple 2 & 3 family homes as well as multi-use & commercial properties so a zoning change is a real possibility. But in the meantime, while you are pursuing these permits, you get to enjoy (or rent out) this FABULOUS 13-year old, better than new home! The kitchen is the heart of the home w/ custom cabinetry, granite countertops, marble backsplash & stainless appliances, opening seamlessly to the family room w/ gas fireplace & slider to the private, elevated deck w/ electric awning w/ remote. A dedicated office w/ French doors & large windows is conveniently located near the laundry rm (not just a laundry closet) & half bath. The lovely dining room features crown moulding, wainscoting & a granite ledge. Second floor has 4 spacious bedrooms - all w/ hardwood floors & 2 full baths. A full walk-out basement offers exceptional storage & exciting potential for future expansion. Enjoy the turnaround driveway, abundant parking, irrigation system & low-maintenance vinyl siding.There is even a side porch to enjoy morning coffee or afternoon cocktails while overlooking the glorious landscaping. City water, city sewer & natural gas! The location is exceptionally convenient—just minutes to I-93 & I-495, The Loop, shopping, dining, Market Basket, Home Depot, Target & tax-free NH. A truly distinctive property where history, nature, flexibility & modern living come together in a setting that is hard to duplicate! Buyer to do their own due diligence about ADU potential & about any zoning change. Private showings must provide a pre-approval letter prior to showing.

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Multi-Family Active

Price

$ 899,700

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 8,756

Style

Multi Family

Lot Size

0.54

Year Built

2013

Town/City

Methuen

County/Region

Essex

MLS | Web ID

73593027

List By
The Peggy Patenaude Team

Listing Agent

William Raveis R.E. & Home Services

Broker

Affordability Calculator

$6,944
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,214
Monthly Property Taxes
$730
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
10/20/2026$899,700 Listed Price

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510 Prospect St, Methuen, MA, 01844 is a Multi-Family Home for sale at $899,700 with 2,852 sqft and a lot size of 0.54. 510 Prospect St has 4 bedrooms, 2.1 baths, and was built in 2013. The property's zip code is 01844 which is in Methuen, MA