Brought to you by: Mark Bishop - RE/MAX Insight
238 Pleasant Street
Methuen, MA 01844

Phone: (603) 952-4655 Fax: (603) 952-4650
Website: www.markbishophomes.net
Email: markbishop@remax.net


 
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Prepared for : Nov-15-2019 03:59:56 pm

39 Oakland Avenue
Methuen, MA. 01844
MLS # 72572607
Multi-Family 3 Family    
Status Under Agreement
County Essex
Directions Rt 28 Or Lowell Street To Oakland Avenue
List Price $249,900 Days on Market  
List Date   # Units 3
Sale Price   # Floors  
Sold Date   Rooms 13
Assessed Value $337,100 Bedrooms 4
Gross Living Area 6,079SF Full Baths  
Lot Size 5,793SF Half Baths  
Taxes $5,700.00 Fireplaces  
Tax Year 2019 Basement Yes
Zoning CBD Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 8
    Garage Spaces 2
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Total Price $
Down Payment $
Principal $
Interest %
Period (years)
Monthly Payment $
Monthly Taxes $

INVESTOR OPPORTUNITY - Methuen Mixed-Use property consisting of 2 residential units, 1 commercial unit and a 2 bay automotive garage. Commercial space and 1 residential unit currently rented at below market rent as a TAW. Property needs work and has an open MADEP case. Buyer to assume any future cleanup required. The DEP site # is 3-0004482. All MADEP paperwork available to buyers for review. Seeking CASH or HARD MONEY Buyers only. Does not qualify for traditional lending. Unique opportunity for a savvy buyer willing to put in the work. This property will be sold AS IS and AS Occupied. Any Inspections are at the sole expense of the buyer and for informational purposes only. Property is listed well below the assessment and market value. Electrical has been completely updated with new boxes and meters.


Amenities : Public Transportation, Shopping, Park
Basement : Full
Construction : Frame
Electricity : 100 Amps, Individually Metered
Exterior : Clapboard, Asbestos
Foundation : Fieldstone
Heating Zones : 3
Hot Water : Natural Gas
Lead Paint : Unknown
Lot : Corner
Parking : Off-Street
Road : Public
Roof : Asphalt/Fiberglass Shingles
Sewer / Water : City/Town Sewer, City/Town Water
Warranty : No

Unit 1 : Floor: 1; Full Baths: 1; Lease: No; Levels: 1; Rent: 700; Rooms: 3
Unit 2 : Bedrooms: 2; Floor: 2; Full Baths: 1; Lease: No; Levels: 1; Rent: 400; Rooms: 5
Unit 3 : Bedrooms: 2; Floor: 3; Full Baths: 1; Lease: No; Levels: 1; Rooms: 5

Gross Oper. Income : $13,200
Net Oper. Income : $13,200

APOD Available? : No
Adult Community : No
Anticipated Sale Date : 12/03/2019
Deed : Book: 2424, Page: 233
Disclosures : MADEP site # is 3-0004482. State website shows both residential units have Letter of Full Deleading Compliance from 1994 however the seller has no documentation to support such. Email markbishop@remax.net for any questions.
Foreclosure : No
GLA Source : Public Record
Identifier : Map: 614, Lot: 42, Block: 119
Off Market Date : 11/2/19
Seller Disclosure Doc : No
Short Sale : No
Year Built Desc. : Actual
Year Built Source : Public Record


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