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INVESTMENT SNAPSHOT
About this property
Original patterned hardwood floors, columned room dividers with built-in cabinetry, deep pantries, and an eat-in kitchen with gas cooking. This 1930 two-family near downtown Methuen still showcases its period character. The vacant second-floor unit is open and ready to be your home. The first floor is leased through February 2027 at $1,955 a month, professionally managed, with the tenant covering their own utilities, so the income is in place from day one. Each unit has its own steam heat and hot water. Full basement for laundry and storage, a paved driveway, and a fenced yard with a patio out back. old as-is. Priced to reflect its condition, with room for an owner-occupant to build equity over time. Conveniently located minutes to 93 and 495.
Property details
| Units | 2 |
| Living area | 2,547 sqft |
| Lot size | 5,001 sqft |
| Year built | 1930 |
| Price / sqft | $282 |
| County | Essex |
| MLS # | 73560944 |
Listing status
| Days on market | 37 days |
| Listed on | August 7, 2026 |
Taxes & financials
| Annual property tax | $6,689 |
| Tax year | 2026 |
| Assessed value | $643,200 |
| Zoning | RG |
| Gross income (actual) | $23,460/yr |
| Net operating income (actual) | $23,460/yr |
| Total actual rent | $1,955/mo |
Building & lot
| Stories | 2 |
| Total rooms | 10 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street, Tandem, Paved |
| Basement | Full, Partially Finished, Bulkhead |
| Foundation | Stone |
| Flooring | Wood, Carpet, Varies, Hardwood |
Utilities & systems
| Heating | Steam, Natural Gas |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Refrigerator |
Location
More about investing in Methuen →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 147-149 Oakland Ave, Methuen MA 01844 have?
It is a 2-unit multi-family property with 2,547 sqft of living area, built in 1930.
How long has 147-149 Oakland Ave, Methuen MA 01844 been on the market?
147-149 Oakland Ave, Methuen MA 01844 has been listed for 37 days (since August 7, 2026).
What is the price per unit?
At a list price of $717,900 across 2 units, that works out to roughly $358,950 per unit.
What are the property taxes on 147-149 Oakland Ave, Methuen MA 01844?
Annual property taxes are $6,689 (2026), on an assessed value of $643,200.
What is the price per square foot?
At $717,900 for 2,547 sqft, that's about $282 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street, tandem, paved).
Where is this property located?
147-149 Oakland Ave, Methuen MA 01844 is in Methuen, Essex County, MA 01844.
