1111 Riverside Dr, Methuen, Massachusetts 01844

$3,200,000

Listing Courtesy of : Henry Matos ---- Coco, Early & Associates 8903226

List Price
$3,200,000
Price Change
▼ $100,000 1659477543
Status
ACTIVE
MLS#
72955705
Lot Size (Acres)
1.6400000000000001
Year Built
1903

Property Description

Investment opportunity in a well-known Methuen Ma location right off of Rte 93 and Rte 110. 11 units in total 9 out of the 11 currently leased. The two available units are roughly 1500 and 2500 sq ft. Owner occupy the available spots or lease out for additional income. The property is currently about a 5.7% cap rate with a potential to be an 8+ by leasing out the two vacant units.

Additional Information

Taxes
$35,552
Parking Spaces
65
Buyer Agency Compensation
2
Other Agent Compensation
2
Compensation Based On
Net Sale Price
Sub Agency Offered
No

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks