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6 Beds
3 Baths
3,414 sqft

$699,000

2-4 1/2 Ashland Ave, Methuen MA, 01844

Price per sqft$204.75
Built in1930
Property size3,414 sqft
Property typeMulti-family

Overview

Coming soon

Updated 30h ago

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!

$4,650/mo

Est. mortgage payment based on a $699,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73601954

Interior Features

Bedrooms
6
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.1 Acres

Other Property Details

Taxes
$6,599
Tax Frequency
Annually
55+/Senior Community
No

This listing is provided by Margus Deery with Coldwell Banker Realty - Andovers/Readings Regional

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Data last updated 5:01 AM UTC, 11/14/2026

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