Jolmi Minaya
This listing was posted on RealtyWW.
$850,000
Broadway, Methuen, Home For Sale
Price:
$850,000
BR/BA:
6 BR, 5.5 BA
Location:
322 Broadway, Methuen, MA
Description:
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 upside, 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. Dont miss out on this investment in a thriving community!For more details: https://realtyww.info/homes_methuen-d200838/for-sale_i76155026
Property Type:
Single-Family Houses
Posted:
September 20 on RealtyWW
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More About this Listing: Broadway, Methuen, Home For Sale
Broadway, Methuen, Home For Sale is a Six Bedroom 5.5 Bathroom Single-Family Homes for Sale at 322 Broadway in Methuen MA. Find other listings like Broadway, Methuen, Home For Sale and listings near 322 Broadway by searching Oodle Classifieds for Six Bedroom 5.5 Bathroom Single-Family Homes for Sale in Methuen MA.
Broadway, Methuen, Home For Sale is a Six Bedroom 5.5 Bathroom Single-Family Homes for Sale at 322 Broadway in Methuen MA. Find other listings like Broadway, Methuen, Home For Sale and listings near 322 Broadway by searching Oodle Classifieds for Six Bedroom 5.5 Bathroom Single-Family Homes for Sale in Methuen MA.