Attention INVESTORS! Looking for the right space/land to house your business and generate RENTAL INCOME?! Currently a 2 family residence, the existing home sits on 1.4 ACRES of land. Located in the Highway Business District, this property is BH zoning. The possibilities are endless and include residential rental, retail, wholesale, office, service uses and more. Property being sold AS-IS! This property will not qualify for FHA or Conventional Financing. There will be an open houses scheduled in the near future.
Sold for $575,000 on 09/07/23
$575,000
400 Merrimack St, Methuen, MA 01844
6beds
2,483sqft
Multi Family
Built in 1946
-- sqft lot
$828,000 Zestimate®
$232/sqft
$2,745 Estimated rent
Home value
$828,000
$737,000 - $927,000
$2,745/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 07, 2023 at 12:31pm
Listed by:
Kimberly Kearns-Nardone 978-766-2327,
Citylight Homes LLC 978-977-0050,
Vanessa Palmieri 978-758-1425
Bought with:
Anibal Mendez
Keller Williams Realty
Source: MLS PIN,MLS#: 73111878
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Living Room, Kitchen, Dining Room
- Doors: Storm Door(s)
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,483
- Total interior livable area: 2,483 sqft
Property
Parking
- Total spaces: 21
- Parking features: Paved Drive, Off Street, Paved
- Garage spaces: 1
- Uncovered spaces: 20
Lot
- Size: 1.39 Acres
- Features: Level
Details
- Parcel number: M:01109 B:00078E L:00012,2049543
- Zoning: BH
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1946
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Private Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Shopping, Medical Facility, Highway Access, House of Worship, Public School
Location
- Region: Methuen
HOA & financial
Other financial information
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 9/7/2023 | Sold | $575,000-4%$232/sqft |
Source: MLS PIN #73111878 | ||
| 7/29/2023 | Listed for sale | $599,000$241/sqft |
Source: MLS PIN #73111878 | ||
| 6/10/2023 | Contingent | $599,000$241/sqft |
Source: MLS PIN #73111878 | ||
| 5/16/2023 | Listed for sale | $599,000$241/sqft |
Source: MLS PIN #73111878 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,490 +8.7% | $707,900 +11.6% |
| 2024 | $6,888 +2.7% | $634,300 +10.6% |
| 2023 | $6,709 | $573,400 |
Find assessor info on the county website
Neighborhood: 01844
Nearby schools
GreatSchools rating
- 5/10Comprehensive Grammar SchoolGrades: PK-8Distance: 2.4 mi
- 5/10Methuen High SchoolGrades: 9-12Distance: 2.5 mi
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Estimated market value
$828,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$828,000