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62-64 Hampshire St Methuen — Photo 1 of 42

62-64 Hampshire St Methuen — Photo 1 of 42

$999,900

Investment Analysis — 62-64 Hampshire St

Methuen, MA 01844

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01844 carries an estimated $4,870/mo in gross rent — about a 3.48% cap rate and $34,764/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

4

SqFt

3,976

Style

2 Family - 2 Units Up/Down

Built

1930

Rare & exceptional two-family opportunity constructed in 1930 & fully renovated in 2017 offers 3976 square feet of modern conveniences including in unit laundry, central air, granite & SS kitchens with a center island and abundance of cabinets, tile & hardwood thru-out along with old charm features including original fireplaces and half walls w/columns & built-ins, presenting an inviting home ready for immediate occupancy. This property was renovated with enduring quality and thoughtful design. The expansive 12,502 square foot lot provides ample outdoor space, offering off street parking and a versatile environment for recreation or potential landscaping enhancements. With one 3-bedroom unit & one 4-bedroom unit, all well-proportioned with great closet space, 2 baths each unit, including the primary bedroom with its own full bath, along with an additional bath servicing the secondary bedrooms & guests, property accommodates a variety of living arrangements, ensuring comfort and privacy for all occupants. Completing this home is a full basement with interior and exterior access, separate utilities and a walk-up attic. To truly appreciate the comprehensive appeal of this distinguished multi-family residence, schedule a private viewing today.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$999,900
Annual Taxes$9,650

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms13
Fireplaces2
FlooringTile, Hardwood, Stone/Ceramic Tile
BasementFull, Interior Entry, Unfinished

Climate & Utilities

HeatingForced Air, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationBlock
ZoningRG

Property & Lot

Acres0.29
SqFt Lot12,502
Lot FeaturesCorner Lot, Cleared, Gentle Sloping, Level

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Walk/Jog Trails • Golf • Medical Facility • Highway Access

Geography

Listing Provided By

Listing Agent: Melissa Kimball

Listing Office: LAER Realty Partners

MLS® Number: 73577350