Brought to you by: RE/MAX Partners
(978) 475-2100   (978) 470-3040

Prepared for : Aug-12-2020 11:07:49 am
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18-20 Pleasant Street
Methuen, MA. 01844

Essex County
Directions: Pleasant Street

MLS # 72581641 - Sold
Multi-Family Duplex   Yellow

List Price $475,000 Days on Market  
List Date   # Units 2
Sale Price $450,000 # Floors  
Sold Date 2/26/20 Rooms 20
Assessed Value $408,200 Bedrooms 7
Gross Living Area 3,912SF Full Baths 3
Lot Size 12,070SF Half Baths 2
Taxes $5,792.36 Fireplaces  
Tax Year 2019 Basement Yes
Zoning RG Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1820 Parking Spaces 8
    Garage Spaces 2


Here's an opportunity to purchase a large multi-family home in the Red Tavern area built 'Circa 1820' and restore it to its former glory! The apartments are large, and all are in need of updating and/or finishing, but the effort will be rewarded when it's totally redone. #18 (left side) has a living room, dining room, family room, kitchen & 1/2 bath on the 1st floor, 2 bedrooms, a full bath (gutted) and a utility room on the 2nd floor, and finished space on the 3rd floor. #20 (right side) has a living room, dining room, kitchen & 1/2 bath on the 1st floor, 3 bedrooms and a full bath on the 2nd floor, and finished space on the 3rd floor. The rear apt. (2A Stevens St.) has a living room, dining room and kitchen on the 1st floor, and 2 bedrooms and a full bath on the 2nd floor. All separate utilities. 2 driveways provide ample off-street parking. Not sure if fireplaces are in working condition. Units are big enough for the owner-occupant. A savvy investor can add this to their portfolio!

Amenities   Public
   Shopping, Park,
   Walk/Jog Trails, Golf
   Course, Medical
   Facility, Highway
   Access, House of
   Worship, Private School,
    Public School
Basement   Full, Interior
   Access, Bulkhead
Construction   Frame
Electricity   110 Volts,
   220 Volts, Circuit
   Breakers, 100 Amps,
   Individually Metered
Energy   Insulated
   Windows, Storm Doors
Exterior   Clapboard
Exterior Feat.   Porch,
   Deck, Screens
Flooring   Wood, Vinyl,
Foundation   Fieldstone
Foundation Size   Irreg
Heating Zones   3
Hot Water   Natural Gas,
Lead Paint   Unknown
Lot   Paved Drive,
   Easements, Level
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
Roof   Asphalt/Fiberglass
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range, for Electric
   Range, for Electric
   Dryer, Washer Hookup,
   Varies per Unit
Warranty   No
Common Features Appliances: None; Heating: None; Cooling: None
Unit 1 Appliances: Range, Dishwasher; Bedrooms: 2; Cooling: None; Floor: 1; Fireplaces: 2; Full Baths: 1;
     Half Baths: 1; Heating: Hot Water Baseboard, Gas, Individual; Interior: Fireplace - Wood burning,
     Wood Flooring, Walk-In Closet; Lease: No; Levels: 3; Rent Includes: Water; Rooms: 8; Rooms Desc.:
     Living Room, Dining Room, Kitchen, Family Room
Unit 2 Appliances: Dishwasher; Bedrooms: 3; Cooling: None; Floor: 1; Full Baths: 1; Half Baths: 1; Heating:
     Steam, Gas, Individual; Interior: Wood Flooring; Lease: No; Levels: 1; Rent: 1400; Rooms: 7; Rooms
     Desc.: Living Room, Dining Room, Kitchen
Unit 3 Appliances: Range, Dishwasher; Bedrooms: 2; Cooling: None; Floor: 3; Full Baths: 1; Heating: Steam,
     Gas, Individual; Interior: Hardwood Floors, Wood Flooring; Levels: 1; Rooms: 5; Rooms Desc.:
     Living Room, Dining Room, Kitchen
Financial Info
Gross Oper. Income   $16,800 Net Oper. Income   $16,800
Additional Information
APOD Available?   No
Adult Community   No
Anticipated Sale Date  
Deed   Book: 1542, Page:
Disclosures   Commission
   is based on sales price
   minus any seller
   concessions. See Easement
   referenced in Deed
   attached. Will not pass
   FHA financing.
Exclusions   Washer &
   Dryer in Unit 1 and
   Refrigerator in unit 3.
Foreclosure   No
GLA Source   Public Record
Living Area Disclosures  
   Does NOT include finished
   space on the 3rd floor.
Off Market Date   11/20/19
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.  
Year Built Source   Public

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Property Last Updated by Listing Office: 2/28/20 3:24pm

Courtesy: MLSPIN

Listing Office: RE/MAX Partners Listing Agent: Richard Coco

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