171-175 Broadway

Methuen, MA 01844

$557,000
Last Sold Price
10
Beds
10
Baths
6,581 Sq. Ft.
$85 / Sq. Ft.
6,581
Sq. Ft.
$85
per Sq. Ft.

Description

10 units tenant paid heat, electric & seller pays hot water. Building consist of 10-one bedroom units. New hot water installed in December 2011 & roof was replaced in 2005. Plenty of off street parking. The property has a large lot for a potential development. Shows a 18% R. O. I. Motivated Seller!10 units tenant paid heat, electric & seller pays hot water. Building consist of 10-one bedroom units. New hot water installed in December 2011 & roof was replaced in 2005. Plenty of off street parking. The property has a large lot for a potential development. Shows a 18% R. O. I. Motivated Seller!
  1. Listed by James Yannios • Yannios R E Investment Sales

Property Details for 171-175 Broadway

Town
Methuen
Area
MA-Methuen
Garage Spaces
0
Parking Spaces
20.00
Parking Spaces Total
20

Location

Listing Courtesy of Yannios R E Investment Sales, James Yannios

Sold By Yannios R E Investment Sales, James Yannios

Add your commute
LISTING UPDATED: 08/06/2022 05:31 AM

Property Details for 171-175 Broadway

StatusSold
MLS #71338389
Days on Market64
Taxes$6,354 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyEssex County

Location

Listing Courtesy of Yannios R E Investment Sales, James Yannios

Sold By Yannios R E Investment Sales, James Yannios

Add your commute

Building Information for 171-175 Broadway

Stories3Residences10Year Built1900Building Size-Lot Size0.50 AC / 21,780 SF

Payment Calculator

$3,569 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,040

Property Taxes

$530

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 171-175 Broadway

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 6581.0
  • Color: White
  • Total Units: 10
  • Waterfront: No
  • Water View: Yes
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Gas Water Heater, Utility Connections for Gas Oven
  • Basement Features: Full
  • Num of Baths: 10.0
  • Num of Full Baths: 10
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 10.00
  • Bathrooms Total Integer: 10
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Vinyl, Carpet, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Features: Unit 1(Lead Certification Available, Bathroom With Tub & Shower), Unit 2(Lead Certification Available), Unit 1 Rooms(Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen, Living RM/Dining RM Combo)
  • Window Features: Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Wooded, Easements
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: 60 Amps/Less
  • Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Oven
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
Tax Information
  • Listing Terms: Contract
  • Tax ID: 2043431
  • Assessments: $500,700
  • Book: 0
  • Tax Year: 2011
  • Zoning: multi
Building / Association Information
Living Characteristics
  • Beds Total: 10
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
  • Foundation Area: 0.0
Income / Expenses
  • Electricity: $740.00
  • Annual Expenses Source: Owner
  • GOI: $80,520.00
  • Gross Scheduled Income: $2,470.00
  • Insurance: $4,000.00
  • GRE: $21,452
  • HTE: $0
  • MGF: $0
  • MSE: $0
  • RFS: $1,164
  • RME: $3,924
  • NOI: $57,042.00
  • Operating Expense: $21,452.00
  • WSE: $2,800.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $6,710.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 171-175 Broadway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 171-175 Broadway

Taxable ValueLand$400,000Additions$620,500Total$1,020,500
Tax Record2023$11,940 ($995 / month)
Home Facts
Baths10Total Finished SqFt6,581 SqFtAbove Grade Finished SqFt6,581 SqFtUnfinished Basement SqFt3,083 SqFtStories3Lot Size21,780 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningCBDCountyESSEXAPNMETH M:00714 B:00007 L:00003

Schools near 171-175 Broadway

This home is within Methuen School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - 9 to 12
Private - PK to 8
Rating
School
Distance
Tenney Grammar School
PublicPK to 8

Methuen High School
Public9 to 12

Presentation of Mary Academy
Private9 to 12

St Monica School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Yannios R E Investment Sales, James Yannios

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.