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$1,750,000
30
18
Multi-Family
5+ Family
187-189 Broadway
Methuen
,
MA
01844
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Brick 18 unit Apartment Building built in 1970, set back from street with River Views. Owner managed with physical improvements to lower maintenance requirements & costs, including exterior/interior internet video monitoring system from anywhere. Interior hallways are ceramic tiled & units are ceramic tiled wth some limited laminate floors. Roof 2003. Tilt-in-thermopane vinyl clad windows. Coin operated laundry. Attic with individual storage units. Approximates: 8% Cap Rate & 10% Cash on Cash.
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Interior Details13,050 sq. ft.
$134.10/sq. ft.
Security System; Floored Attic; Walk-Up Attic
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Exterior Details0.48 acre
20,908 sq. ft.
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Other Details |
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Methuen is a community of 40,000 people in the Lower Merrimack Valley. Its unofficial nickname, "the City known as the Town" reflects the growth and the diversity within the community. Voters in...
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