5 Walnut Street

Methuen, MA 01844

$670,000
Last Sold Price
4
Beds
2
Baths
2,289 Sq. Ft.
$293 / Sq. Ft.
2,289
Sq. Ft.
$293
per Sq. Ft.

Description

Really lovely YOUNG 2 family home in the very popular Tenney school district! The townhome style / 2 level owner's unit is a rare find! It's perfect for someone to move into and collect rent from the first floor apartment to cover a large part of the mortgage. Unit 2 - the Owner's unit has garage, basement, private yard space, it's own laundry room. Unit 1 pays $1650 per month on time, is one level, with 2 bedrooms and1 full bathroom. The big primary bedroom with 3 season room makes a great bonus...Really lovely YOUNG 2 family home in the very popular Tenney school district! The townhome style / 2 level owner's unit is a rare find! It's perfect for someone to move into and collect rent from the first floor apartment to cover a large part of the mortgage. Unit 2 - the Owner's unit has garage, basement, private yard space, it's own laundry room. Unit 1 pays $1650 per month on time, is one level, with 2 bedrooms and1 full bathroom. The big primary bedroom with 3 season room makes a great bonus office space or den.This unit may be delivered with tenant in place. The 1st floor space is very desirable for renters. This is a legal 2 family home with a big side yard, on a corner lot, comfortably positioned in a residential area tucked away peacefully yet convenient to 495/213/93, schools, shopping and restaurants. You'll LOVE this neighborhood. Gas heat 1st floor, town water & sewer. Come see for yourself during our open house events Saturday 11am to 1pm, Sunday 12-2

Listing Agents

  1. Alex Greenwood

    Alex Greenwood

    Alternative Listing Agent

    Compass

Property Details for 5 Walnut Street

Town
Methuen
Area
MA-Methuen
Garage Spaces
1
Parking Spaces
3.00
Parking Spaces Total
4

Location

Sold By Century 21 North East, Fermin Group

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LISTING UPDATED: 04/11/2024 10:57 AM

Property Details for 5 Walnut Street

StatusSold
MLS #73199903
Days on Market18
Taxes$6,976 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1980
CountyEssex County

Location

Sold By Century 21 North East, Fermin Group

Add your commute

Building Information for 5 Walnut Street

Stories3Residences2Year Built1980Building Size-Lot Size0.12 AC / 5,232 SF

Payment Calculator

$4,238 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,656

Property Taxes

$581

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5 Walnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Private School, Public School
  • Current Financing: Conv. Fixed
  • Living Area: 2289.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Tenney
  • High School: Mhs
Features
Interior Features
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Lot Description: Corner Lot
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 1.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Natural Gas, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Disclosures: Unit 1 currently pays 1650 per month with water / sewer included. This is likely below market value. They pay on time,indicated they would like to stay,unit 2 can be delivered vacant. 1 gas heating system for unit 1 in basement,unit 2 electric heat. Separate electrical panels. 1 water meter
Tax Information
  • Tax ID: M:00712 B:00065 L:00016,2043395
  • Assessments: $596,200
  • Book: 15848
  • Tax Year: 2023
  • Zoning: RG
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone
Income / Expenses
  • GOI: $19,800.00
  • NOI: $19,800.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $1,650.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 2

Property History for 5 Walnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 5 Walnut Street

Taxable ValueLand$156,600Additions$439,600Total$596,200
Tax Record2023$6,976 ($581 / month)
Home Facts
Baths2Total Finished SqFt2,289 SqFtAbove Grade Finished SqFt2,289 SqFtUnfinished Basement SqFt1,290 SqFtStories2Lot Size5,232 SqFtStyleDuplexYear Built1980ZoningRGCountyESSEXAPNMETH M:00712 B:00065 L:00016Fireplace TypeHas Fireplace

Schools near 5 Walnut Street

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.

Similar Homes

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Similar Sold Homes

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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.

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