Multi-Family for Sale: 1-7 Pelham St, Methuen, MA 01844 SOLD

7 beds
3 full, 2 half baths
4,480 sqft
$950,000
$950,000
1-7 Pelham St, Methuen, MA 01844 SOLD
7 beds
3 full, 2 half baths
4,480 sqft
$950,000
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Selling Price: $950,000
Original List Price: $1,099,500
Sold at 86.4% of list price
Sold Date: 03/14/2024

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Type Multi-Family
Beds 7
Total Baths 3 full, 2 half baths
Square Feet 4,480 sqft
Lot Size 0.23 acres
Year Built 1920
City Methuen
County Essex
MLS 73119474
Status Closed
DOM 286 days
MIXED USE excellent property with TWO RESIDENTAL FAMILY plus two commercial located within minutes of Route 93 and Salem, NH, and close to downtown. The first floor features 5/3/2 with the potential for a fourth bedroom. The second unit has 5/3/1. The unfinished attic is a plus with the potential for expansion. It also has a full walkout basement, a large fence, and plenty of off-street parking—accessible schools such as Methuen High and Marsh School. The commercial right side is VACANT, which has electric heat, commercial cooking vents, a grease trap, and a fire prevention system. The left side is a Barbershop with AC and central heat. Each side has access to a full basement. Ask your lender, as it may qualify for FHA financing.

Lot & Building Features

Appliances Range, Refrigerator
Construction Frame
Cooling Other
Heating Baseboard, Natural Gas, Forced Air
Sewer Public Sewer
Tax Year 2023
Taxes Paid $8,966
Water Public
Foundation Stone
Interior Features Kitchen, Living Room
Roof Rubber, Shingle
Full Baths 3
Half Baths 2
Parking Off Street
Total Rooms 15
Basement Feature Full, Walk-Out Access
Garage Spaces 0

Community and Schools

Elementary School Marsh
Junior High School Marsh
Senior High School Methuen High

Price History of 1-7 Pelham St, Methuen, MA

Date Name Price Difference
09/25/2023 Price Adjustment $950,000 13.60%
06/02/2023 Listing Price $1,099,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Jessica Emerson
Direct: 603-303-7037
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by BHHS Verani Realty Methuen, Raul Ortega
Sold by Beni Maison Realty, Inc., Ronald Mendez
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Listing information courtesy of: Berkshire Hathaway HomeServices Verani Realty

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