$985,000
8 beds 8 baths 2 half baths 10,524 sq. ft.
42.71925354 -71.179550171
$985,000
Est. Monthly $5,892 with $10,606 in taxes recalculate
8 beds 8 baths 2 half baths 10,524 sf
 

55 Broadway
Methuen, MA 01844

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Multi-Family (2-4 Units) - $$$ Attention Investors............10 Unit Mixed Use Building consisting of 8 - spacious 625 sq ft (1) bedroom apartments & 2 ground level retail spaces - currently a retail space and barber shoppe. All 8 apartments include separate utilities & an off-street assigned parking space. Building is owner operated and has been well cared for with many recent improvements. High visibility location near Methuen Square across from Malden Mills, new strip mall and Dunkin Donuts. Monthly Income = $8,525.00 Gross Income = $102,300.00
MLS # 72084974
Listed By CENTURY 21 North Shore

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Arthur Shannon
Arthur Shannon CENTURY 21 North Shore
96 High Street
Danvers, MA 01923
978.­922.7733
978.­922.7733
CENTURY 21 North Shore
96 High Street Danvers, MA 01923
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Property Features

  • Lot Size: 0.16 Acres
  • Style: Other Style

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $5,892Your estimated monthly payment
    $197,00020% Down Payment
    $985,000 $886,500 $10,606
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    DONALD P TIMONY GRAMMAR
    Grades PRESCHOOL-8 | Public School

    METHUEN, MA 01844
    45 PLEASANT VIEW ST
    978-722-9001
    0.9
    miles

    Total Students 1400
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    TENNEY GRAMMAR SCHOOL
    Grades PRESCHOOL-8 | Public School

    METHUEN, MA 01844
    75 PLEASANT ST
    978-722-9026
    0.9
    miles

    Total Students 1370
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Middle School
    DONALD P TIMONY GRAMMAR
    Grades PRESCHOOL-8 | Public School

    METHUEN, MA 01844
    45 PLEASANT VIEW ST
    978-722-9001
    0.9
    miles

    Total Students 1400
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    TENNEY GRAMMAR SCHOOL
    Grades PRESCHOOL-8 | Public School

    METHUEN, MA 01844
    75 PLEASANT ST
    978-722-9026
    0.9
    miles

    Total Students 1370
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    High School
    METHUEN HIGH SCHOOL
    Grades 9-12 | Public School

    METHUEN, MA 01844
    1 RANGER RD
    978-722-6040
    1.0
    miles

    Total Students 1830
    Student Teacher Ratio 15:1

    School Rating

    1 star View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Community Kindergarten Of Methuen 0.1 mi Private PRESCHOOL-PRESCHOOL
    Community Day Arlington Elementary School 0.3 mi Public K-4
    Arlington Middle School 0.3 mi Public 5-8
    John K Tarbox 0.5 mi Public 1-5
    Presentation Of Mary Academy 0.5 mi Catholic 9-12
    St Monica School 0.6 mi Catholic K-8
    Central Catholic High School 0.7 mi Catholic 9-12
    The Islamic Academy For Peace 0.7 mi Private PRESCHOOL-8
    Lawlor Early Childhood Center 0.8 mi Public K-K
    Lawrence Family Development Charter School 0.8 mi Public K-8
    Notre Dame High School 0.9 mi Catholic 9-12
    Community Day Charter Public School 0.9 mi Public K-8
    Community Day Charter Public School - R. Kingman W 0.9 mi Public K-1
    Community Day Charter Public School - Gateway Camp 0.9 mi Public K-1
    Blessed Stephen Bellesini Osa Academy 0.9 mi Catholic 5-8
    Francis M Leahy 0.9 mi Public K-5
    Up Academy Oliver Middle School 1.0 mi Public 6-6
    School For Exceptional Studies 1.0 mi Public K-12

    Local Area Information for Methuen, MA 01844

    Median Age: 40.6
    Married: 43.6%
    Number of Households: 18,223
    Households with Children: 6,188
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.