Listing Courtesy of: Jolmi Minaya - Tower Hill Ventures LLC 617-412-5498
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322 Broadway Unit 322 Methuen, MA 01844

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Multi-Family Residence
6 Beds
6 Baths
Sq. Ft.
0.21 Acre Lot
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Last updated on 11/7/2024 12:49 AM

Listing Details

Discover the potential of 322 Broadway, a well-located multi-family building featuring 5 units on the edge of Methuen's Historic Downtown. This prime property is just under a mile from tax-free Salem, NH, and minutes away from the vibrant Tuscan Village development. With a 7% Cap Rate and rental ups...ide, this property presents a lucrative opportunity for investors. Current leases are below market rates, offering significant room for rental increases by upgrading unit interiors (1 unit will require TLC). Situated in a Qualified Opportunity Zone, this property is ideally positioned in a high-demand, supply-constrained residential market. Generous lot with ample space for potential future enhancements or expansions. This property offers an excellent opportunity to capitalize on a growing area with the potential to enhance value through strategic upgrades. Don’t miss out on this investment in a thriving community! Continue reading
MLS#
73289422
Property Type
Multi-Family
Bedrooms
6
Bathrooms
5 Full/1 Half
Year Built
1860
Price per Sq. Ft.
$298.70
Lot Size
0.21
Sewer
Public Sewer
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Listing Courtesy of: Jolmi Minaya - Tower Hill Ventures LLC 617-412-5498
Andrea Conner, License 1000188, Xome Inc., License 9622, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. MLS Property Information Network, Inc. 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. Copyright © 2024 MLS Property Information Network, Inc. All rights reserved.
This content last refreshed on 11/7/2024 12:49 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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