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

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


 
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Prepared for : Mar-07-2021 12:37:49 am

11 Hampstead Street
Methuen, MA. 01844-1709
MLS # 72742756
Multi-Family 5-9 Family Yellow  
Status Sold
County Essex
Directions Howe Street To Hampstead Street
List Price $1,299,000 Days on Market  
List Date   # Units 8
Sale Price $1,330,000 # Floors  
Sold Date 1/6/21 Rooms 23
Assessed Value $1,284,700 Bedrooms 18
Gross Living Area 9,308SF Full Baths  
Lot Size 2.09A Half Baths  
Taxes $17,266.37 Fireplaces  
Tax Year 2020 Basement Yes
Zoning MB Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1914 Parking Spaces 25
    Garage Spaces 0
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Down Payment $
Principal $
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Period (years)
Monthly Payment $
Monthly Taxes $

Investment Opportunity only comes once! Well Maintained, fully occupied, Solid 8 unit Brick building. Features include 10 ft ceilings, Gleaming Hardwood floors, Granite counter tops, stainless steal appliances. Each unit unique in its own way, there are 2 units that are 5 room, 3 bedroom, 1 full bath and 4 units that are 4 rooms, 2 bedrooms, and 1 full bath. All units have there own washer/dryer hookups. Plenty of off street parking! Building freshly painted. All units have Central air. All heating systems and electric are individual. Potential $140,000 rental income.


Amenities : Shopping, Golf Course
Basement : Full
Construction : Brick
Cooling Zones : 8
Electricity : Individually Metered
Energy : Insulated Windows
Exterior : Brick
Flooring : Wood, Wall to Wall Carpet
Foundation : Brick
Heating Zones : 1
Hot Water : Tankless
Lead Paint : Unknown
Lot : Paved Drive
Parking : Off-Street
Road : Public
Roof : Rubber
Sewer / Water : City/Town Sewer, City/Town Water
Utility Connections : for Gas Range
Warranty : No

Unit 1 : Appliances: Range, Dishwasher, Disposal, Refrigerator; Bedrooms: 3; Floor: 1; Full Baths: 3; Half Baths: 1; Interior: Ceiling Fans, Cable TV Available, Hardwood Floors; Lease: No; Levels: 1; Rent: 1400; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 2 : Appliances: Range, Dishwasher, Disposal, Refrigerator; Bedrooms: 3; Cooling: Central Air; Floor: 2; Full Baths: 3; Half Baths: 1; Heating: Gas; Interior: Ceiling Fans, Cable TV Available, Hardwood Floors; Lease: No; Levels: 1; Rent: 1450; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 3 : Appliances: Range, Dishwasher, Disposal, Refrigerator; Bedrooms: 2; Cooling: Central Air; Floor: 2; Full Baths: 2; Heating: Gas; Interior: Ceiling Fans, Cable TV Available, Hardwood Floors; Lease: No; Levels: 1; Rent: 1350; Rooms: 5; Rooms Desc.: Living Room, Kitchen
Unit 4 : Appliances: Range, Disposal, Refrigerator; Bedrooms: 2; Cooling: Central Air; Floor: 1; Full Baths: 2; Heating: Gas; Interior: Ceiling Fans, Cable TV Available, Hardwood Floors; Levels: 1; Rent: 1300; Rooms: 4; Rooms Desc.: Living Room, Kitchen

Electricity : $1,050
Gas : $1,116
Gross Expenses : $26,482
Gross Oper. Income : $127,200
Insurance : $5,745
Net Oper. Income : $100,718
Refuse Removal : $12,936
Water : $5,635

APOD Available? : No
Adult Community : No
Anticipated Sale Date : 01/05/2021
Deed : Book: 14174, Page: 106, Cert. #: 0000000067
Foreclosure : No
GLA Source : Public Record
Off Market Date : 10/15/20
Parcel # : M:00808 B:00075 L:00006
Seller Disclosure Doc : No
Short Sale : No
Year Built Desc. : Approximate
Year Built Source : Public Record


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