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45 Washington Street #45 Methuen — Photo 1 of 11

45 Washington Street #45 Methuen — Photo 1 of 11

$350,000

Investment Analysis — 45 Washington Street #45

Methuen, MA 01844 — East Methuen

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 2-bedroom in 01844 carries an estimated $2,310/mo in gross rent — about a 3.48% cap rate and $12,196/yr in estimated NOI at the $350,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,678

Style

Condominium

Built

1984

Opportunity knocks! This two bedroom,1.5 bath Methuen townhouse offers three levels of living space, a private deck, and two deeded parking spaces. New heat pump added in 2023. Enjoy convenient access to shopping, dining and major highways. Bring your vision and build sweat equity!! Open Houses Friday, Oct 2nd from 5-6:30pm, Saturday, Oct 3rd from 11-1pm and Sunday, Oct 4th from 11-1pm.

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 MLS and other third-party data may be inaccurate or out of date.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$350,000
Annual Taxes$3,963
HOA Fee$409

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms5
FireplacesNone
Flooring--
BasementY

Climate & Utilities

HeatingForced Air, Heat Pump, Natural Gas
CoolingCentral Air
WaterPublic
SewerPublic Sewer

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRES

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

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

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl Second
Bedroom 2
Lvl Second
Bathroom 1
Lvl First
Bathroom 2
Lvl Second
Listing Provided By

Listing Agent: Nicole Pelosi

Listing Office: William Raveis R.E. & Home Services

MLS® Number: 73583495