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96-98 Elm StreetMethuen, MA 01844

Essex County

$865,000List price
5Beds
3Baths
3,384Sq Ft
1911Year built
0.50Acre lot
3Stories
10 days agoOn market

Description

Opportunity awaits at this spacious three-family property situated on a half-acre lot in Methuen! Offering 3,384 sq. ft. of living space, 5 bedrooms, 3 full baths, and parking for 6 vehicles, this property presents an attractive opportunity for investors and owner-occupants alike. Significant recent improvements include replacement of 34 windows (2025), a new roof (Spring 2026), and new rear entry stairs and deck (Summer 2026). The expansive first-floor residence offers 6 rooms, 2 bedrooms, hardwood floors, charming original woodwork, and architectural details, providing an excellent opportunity to update and make it your own. The second-floor front unit features 4 rooms, 2 bedrooms, and substantial updates completed approximately four years ago, including a fully renovated bathroom, new flooring, appliances, and front deck. The second-floor rear unit offers 3 rooms, 1 bedroom, and a three-season porch. Both second-floor apartments are occupied by long-term tenants, with rents currently well below market rates, offering potential for increased rental income. Additional features include a full basement offering ample storage, paved driveway, and a spacious unfinished attic offering possibilities for future development, subject to substantial construction and necessary approvals. A property with space, character, and opportunity! Showings begin at the Open House.

Property Information

Property type
Residential Income
Sub-type
Triplex
Year built
1911
Stories
3
Living area
3,384 Sq Ft
Lot size
0.50 acres
Parking spaces
6
Zoning
RD
Days on market
10
MLS® Listing#
73593622

Property Features

Flooring
Wood
Basement
Full
Parking
Paved · Off Street · Driveway
Patio
Porch · Deck
Foundation
Stone
Roof
Shingle
Sewer
Public Sewer
Water source
Public

Financial Details

Annual taxes
$7,357Tax year 2026
Assessed value
$707,400
Parcel number
M:0616 B:0151 L:0003,2041728

Directions

GPS

Open Houses

Listing Courtesy: J. Barrett & Company - 9789223683

Presented by: Kristopher Gergler

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein. Copyright ©2026 MLS Property Information Network, Inc. All Rights Reserved.

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