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
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 05:16am
Listed by:
Jane Cresta,
Berkshire Hathaway HomeServices Verani Realty
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: 14
- Parking features: Paved Drive
- Garage spaces: 2
- Has uncovered spaces: Yes
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