Investment Opportunity: 18-20 Chelmsford is a lucrative 2-family property that generates strong rental income and low expenses. The property features 2 townhouse style homes with spacious floorplans, finished basements and off-street parking currently being used as 4 spaces. The apartments have been recently renovated with stainless steel appliances and are separately metered making it ideal for investors seeking consistent returns.
For sale
Price increase: $26K (5/9)
$725,000
18-20 Chelmsford St, Methuen, MA 01844
6beds
99,999sqft
Est.:
2 Family - 2 Units Side by Side
Built in 1985
-- sqft lot
$695,900 Zestimate®
$7/sqft
$-- HOA
What's special
Finished basementsStainless steel appliancesOff-street parkingSpacious floorplans
- 42 days
- on Zillow |
- 1,706
- views |
- 51
- saves |
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 99,999
- Total interior livable area: 99,999 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Lot
- Lot size: 6,700 sqft
Other property information
- Parcel number: 4911725
- Zoning: Res
Construction
Type & style
- Home type: MultiFamily
- Property subType: 2 Family - 2 Units Side by Side
Material information
- Foundation: Concrete Perimeter
Condition
- Year built: 1985
Utilities & green energy
Utility
- Sewer information: Public Sewer
- Water information: Public
Community & neighborhood
Community
- Community features: Public Transportation, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Location
- Region: Methuen
HOA & financial
Other financial information
- : 2%
- Fees based on: Gross/Full Sale Price
- Total actual rent: 4450
Services availability
Make this home a reality
Estimated market value
$695,900
$661,000 - $731,000
$3,764/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/9/2024 | Listed for sale | $725,000+3.7%$7/sqft |
Source: MLS PIN #73221206 | ||
| 4/26/2024 | Contingent | $699,000$7/sqft |
Source: MLS PIN #73221206 | ||
| 4/8/2024 | Listed for sale | $699,000+254.8%$7/sqft |
Source: MLS PIN #73221206 | ||
| 9/29/2018 | Sold | $197,000$2/sqft |
Source: Agent Provided | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | -- | $226,100 |
| 2022 | -- | $226,100 +22.7% |
| 2021 | -- | $184,300 |
Find assessor info on the county website
Monthly payment calculator
Neighborhood: 01844
Nearby schools
GreatSchools rating
- 5/10Donald P Timony GrammarGrades: PK-8Distance: 0.7 mi
- 4/10Methuen High SchoolGrades: 9-12Distance: 0.9 mi
Local experts in 01844
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