96-98 Elm Street
$865,000
5
Beds
3
Baths
3,384
Sqft
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$865,000
5
Beds
3
Baths
3,384
Living Area
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Property Description
Opportunity awaits at this spacious three-family property situated on a half-acre lot in Methuen! Offering 3,384 sq. ft. of living space, 5 bedrooms, 3 full baths, and parking for 6 vehicles, this property presents an attractive opportunity for investors and owner-occupants alike. Significant recent improvements include replacement of 34 windows (2025), a new roof (Spring 2026), and new rear entry stairs and deck (Summer 2026). The expansive first-floor residence offers 6 rooms, 2 bedrooms, hardwood floors, charming original woodwork, and architectural details, providing an excellent opportunity to update and make it your own. The second-floor front unit features 4 rooms, 2 bedrooms, and substantial updates completed approximately four years ago, including a fully renovated bathroom, new flooring, appliances, and front deck. The second-floor rear unit offers 3 rooms, 1 bedroom, and a three-season porch. Both second-floor apartments are occupied by long-term tenants, with rents currently well below market rates, offering potential for increased rental income. Additional features include a full basement offering ample storage, paved driveway, and a spacious unfinished attic offering possibilities for future development, subject to substantial construction and necessary approvals. A property with space, character, and opportunity! Showings begin at the Open House.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1911
- Parking Spots: 6
- Property Type: 3 Family
- Total Rooms: 13
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Flooring: Wood
- Interior Features: Living Room, Dining Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rd
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Amenities
- Community Features: Shopping, Highway Access, Public School
- Parking Features: Paved Drive, Off Street, Driveway, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $707,400
- Tax Year: 2026
- Total Rent: $2,600
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Water), Unit 3(Heat, Water, Hot Water)
- Taxes: $7,357
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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 J. Barrett & Company.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.