MA > Methuen
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
Methuen, MA 01844,1-3 Ingalls Ct & 164-164a Broadway
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Antonio Illas

Antonio Illas

+1(857) 354-9178
$ 1,199,900
Est. payment | /mo

11 Beds

5 Baths

4,883 SqFt

Save
$ 1,199,900
Est. payment | /mo
Save

11 Beds

5 Baths

4,883 SqFt

OPEN HOUSE

Sat Apr 05, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,883 sqft

Price per Sqft $245

MLS Listing ID 73349147

Bedrooms 11

Full Baths 5

Year Built 1945

Annual Tax Amount $9,991

Tax Year 2025

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Rare investment opportunity in Methuen! 1-3 Ingalls Ct & 164-164A Broadway features two separate buildings—a three-family and a two-family—on a 5-unit lot with 11 bedrooms and 5 bathrooms across 4,883 sq. ft. of living space. With 6 off-street parking spaces, separate utilities, and a layout ideal for stable cash flow, this property offers immediate returns and long-term upside. Currently producing $8,350/month with a pro forma NOI of $95,060 and projected 7.92% cap rate. Situated on a 0.132-acre lot and surrounded by residential charm, this portfolio-style asset has minimal turnover, low vacancy, and strong rental demand. Great for both new and seasoned investors.

Location

State MA

County Essex

Zoning CBD

Direction Broadway St

Exterior

Fence Fenced/Enclosed

Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access

Total Parking Spaces 6

Garage No

Building

Story 9

Foundation Block

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by View Real Estate Group
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(857) 354-9178

aillas@aisellshomes.com

25 Messenger St, Plainville , Massachusetts, 02762, USA

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1-3 Ingalls Ct & 164-164a Broadway