1111 Riverside DriveMethuen, MA 01844MLS Number 72955705

  • Price: $3,300,000
  • 100 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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1111 Riverside Drive Methuen MA 018441111 Riverside Drive Methuen MA 018441111 Riverside Drive Methuen MA 018441111 Riverside Drive Methuen MA 018441111 Riverside Drive Methuen MA 01844
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  • 1.64Acreage
  • 1903Year Built
Investment opportunity in a well-known Methuen Ma location right off of Rte 93 and Rte 110. 11 units in total 9 out of the 11 currently leased. The two available units are roughly 1500 and 2500 sq ft. Owner occupy the available spots or lease out for additional income. The property is currently about a 5.7% cap rate with a potential to be an 8+ by leasing out the two vacant units.
Listed by Henry Matos of Coco,Early & Associates

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
Office: 781-844-9371
127 Franklin St
Reading, MA 01867

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More Info

Basic Information

  • Mls StatusActive
  • Parcel Number M:00418 B:00153B L:00070C,2038638

Building

  • Building Area Units Square Feet
  • Year Built1903

Property Information

  • Lot Size Square Feet 71,438
  • Lot Size Units Acres

Tax Information

  • Tax Year 2022
  • Taxes$35,552

Location

  • Address1111 Riverside Drive
  • Building Number1111
  • CountyEssex
  • StateMA
  • StreetRiverside Drive
  • TownMethuen
  • Zip01844

Other

  • Date Listed03/22/2022
  • Farm Land Area Units Square Feet
  • View Count1

Basic Information

  • List Price$3,300,000
  • MLS Number72955705
  • Modification Date04/06/2022

Property

  • Acreage1.64

Exterior

  • RoofMetal
Listed by Henry Matos of Coco,Early & Associates

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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