2-4 1/2 Ashland Ave Methuen, MA $ 699,000
2-4 1/2 Ashland Ave
$ 699,000
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2-4 1/2 Ashland Ave

Methuen, MA, 01844
$ 699,000
Bedrooms6 Baths3.0 Sq 3,414

Monthly Estimate*

$ 4,828

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Multi-Family Home for sale in Methuen, MA

for $699,000 with 6 bedrooms and 3 full baths. This 3,414 square foot home was built in 1930 on a lot size of 0.1.

Fantastic investment opportunity awaits! This 3-family sits on a fenced corner lot in a convenient Methuen neighborhood near Gill Avenue Park, offering the kind of flexibility both investors and owner-occupants love. Each of the three floors has its own Living Room, Dining Room, Kitchen, 2 Bedrooms, full Bathroom, private enclosed Sunroom, and dedicated storage area. Units 1 and 2 are home to reliable tenants-at-will who would love to stay, bringing in immediate income. Units 1 & 2 are lead certified and offer in-unit laundry. Each floor features a large eat-in Kitchen with plenty of cabinet space, gas range, and sunny, open rooms. The third floor is vacant and ready for a complete renovation, a rare chance to create a home exactly to your taste while the rents help pay the mortgage. A chair lift is installed on the back stairway to the third floor. Each unit has its own gas meter, and the property also offers separate electrical panels, 2 gas furnaces (one is approx 3 years old), 3 young water tanks, a storage shed, a side yard, and paved off-street parking for 6 cars. Rubber roof repaired approx 10 years ago. Conveniently located near shopping, public transportation, and highway access. Live in one, rent the others, and let this property work for you!

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Multi-Family Coming Soon

Price

$ 699,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,599

Style

3 Family

Lot Size

0.1

Year Built

1930

Town/City

Methuen

County/Region

Essex

MLS | Web ID

73601954

List By
Margus Deery

Listing Agent

Coldwell Banker Realty - Andovers/Readings Regional

Broker

Affordability Calculator

$5,378
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,828
Monthly Property Taxes
$550
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
11/13/2026$699,000 Listed Price

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2-4 1/2 Ashland Ave, Methuen, MA, 01844 is a Multi-Family Home for sale at $699,000 with 3,414 sqft and a lot size of 0.1. 2-4 1/2 Ashland Ave has 6 bedrooms, 3.0 baths, and was built in 1930. The property's zip code is 01844 which is in Methuen, MA