This beautifully maintained 2-family home is set on the corner of Vermont & Fairoaks in one of Methuen’s most charming, tree-lined neighborhoods. Even w/ below-market rents, this property is a proven money maker offering a great opportunity for both owner-occupants & investors. Each unit features 4+ bdrms, 2 full baths, eat-in kitchen, dining rm, living rm, & bonus rms perfect for a home office or additional living space. W/ stunning craftsmanship & preserved architectural details, this home radiates character, & functionality. , This is truly a move-in-ready property w/ many major updates & system upgrades already completed. A large yard & detached garage add even more value & appeal. Located just minutes from restaurants, shopping, medical facilities, & with easy access to major highways, this home offers comfort & connectivity. Whether you choose to live in one unit and rent the other to offset your mortgage or rent both for income, this versatile property checks all the boxes.
Sold for $1,000,000 on 07/17/25
$1,000,000
1 Three Fairoaks Ave, Methuen, MA 01844
8beds
5,398sqft
Multi Family
Built in 1901
-- sqft lot
$-- Zestimate®
$185/sqft
$2,858 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,858/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: July 18, 2025 at 05:16am
Listed by:
Jane Cresta 603-216-7222,
Berkshire Hathaway HomeServices Verani Realty 603-434-2377
Bought with:
Alycia Greenwood
Lamacchia Realty, Inc.
Source: MLS PIN,MLS#: 73371863
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Hot Water
Cooling
- None
Features
- Floored Attic, Walk-Up Attic, Heated Attic, Bathroom with Shower Stall, Bathroom With Tub, Slider, Crown Molding, Living Room, Dining Room, Kitchen, Office/Den
- Flooring: Wood, Tile, Carpet, Hardwood
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Wood Burning
Interior area
- Total structure area: 5,398
- Total interior livable area: 5,398 sqft
- Finished area above ground: 5,398
Property
Parking
- Total spaces: 16
- Parking features: Paved Drive
- Garage spaces: 2
- Uncovered spaces: 14
Lot
- Size: 0.34 Acres
- Features: Corner Lot, Wooded, Level
Details
- Parcel number: M:00914 B:00098 L:06869,3691206
- Zoning: RC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
- Foundation: Block, Stone
- Roof: Shingle
Condition
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Medical Facility
Location
- Region: Methuen
HOA & financial
Other financial information
- Total actual rent: 3600
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2025 | Sold | $1,000,000-8.7%$185/sqft |
Source: MLS PIN #73371863 | ||
| 5/30/2025 | Contingent | $1,095,000$203/sqft |
Source: MLS PIN #73371863 | ||
| 5/8/2025 | Listed for sale | $1,095,000$203/sqft |
Source: MLS PIN #73371863 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 01844
Nearby schools
GreatSchools rating
- 4/10Donald P Timony GrammarGrades: PK-8Distance: 1 mi
- 5/10Methuen High SchoolGrades: 9-12Distance: 1 mi
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