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2-4 1/2 Ashland Ave

Methuen, MA 01844
$699,000
6 Beds
3 Baths
3,414 Living Area
  • Property Description
    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!
  • Highlights
    • Heating: Forced Air, Natural Gas, Hot Water, Individual
    • Parking Spots: 6
    • Property Type: 3 Family
    • Total Rooms: 15
    • Status: Coming Soon
    • Levels: 3
    • Property Class: Residential Income
    • Stories: 3
    • Year Built: 1930
  • Additional Details
    • Appliances: Range, Refrigerator, Washer, Dryer
    • Construction: Frame
    • Foundation: Stone
    • Lot Features: Corner Lot, Level
    • Roof: Rubber
    • Total Number of Units: 3
    • Year Built Source: Public Records
    • Basement: Full, Dirt Floor, Unfinished
    • Flooring: Wood, Vinyl, Varies, Laminate
    • Interior Features: Lead Certification Available, Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Sunroom, Laundry Room
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Rg
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
    • Security Features: Security System
    • Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Paved
  • Utilities
    • Electric: Fuses
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $634,500
    • Tax Year: 2026
    • Total Rent: $3,100
    • Rental Fee Includes: Unit 1(None), Unit 2(None)
    • Taxes: $6,599

Location

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

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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Coldwell Banker Realty - Andovers/Readings Regional. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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