1-3 Fairoaks Avenue
$1,199,000
8
4
5,398
5,398
$222
Description
Discover this exceptional 2-family home, a proven money maker even w/ current below-market rents, nestled in the picturesque Methuen neighborhood at the corner of tree-lined Vermont and Fairoaks. This property has been lovingly maintained for years, w/ numerous major updates and replacements already completed—leaving nothing to do but make it your own. With it's stunning craftsmanship and character, each side offers 4+ bedrooms, 2 baths, eat in kitchens, living room, dining room, and extra rooms...Discover this exceptional 2-family home, a proven money maker even w/ current below-market rents, nestled in the picturesque Methuen neighborhood at the corner of tree-lined Vermont and Fairoaks. This property has been lovingly maintained for years, w/ numerous major updates and replacements already completed—leaving nothing to do but make it your own. With it's stunning craftsmanship and character, each side offers 4+ bedrooms, 2 baths, eat in kitchens, living room, dining room, and extra rooms for office, etc. Conveniently located just minutes from excellent local dining, shopping, medical facilities, and major highway access, this property offers the perfect blend of comfort and accessibility. Whether you're looking to occupy one unit and offset your mortgage with the rental income from the second unit or seeking a solid investment opportunity with both units rented out, this home is ideal for both scenarios.
- Listed by Jane Cresta • Berkshire Hathaway HomeServices Verani Realty
Property Details for 1-3 Fairoaks Avenue
Town
Methuen
AreaMA-Methuen
Garage Spaces2
Parking Spaces14.00
Parking Spaces Total16
LISTING UPDATED: 10/22/2024 03:07 AM
Property Details for 1-3 Fairoaks Avenue
Status | Active |
---|---|
MLS # | 73277653 |
Days on Market | 78 |
Taxes | $10,807 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 2 Family |
Year Built | 1901 |
County | Essex County |
Building Information for 1-3 Fairoaks Avenue
Stories6Residences2Year Built1901Building Size-Lot Size0.34 AC / 14,985 SF
Property Information for 1-3 Fairoaks Avenue
Property History for 1-3 Fairoaks Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1-3 Fairoaks Avenue
This home is within Methuen School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Donald P Timony Grammar PublicPK to 8 | ||
Methuen High School Public9 to 12 | ||
Holy Trinity School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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