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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

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    $6,068/mo

    Est. payment

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    $6,068/mo

    Est. payment

    What's special

    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.

    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