Price Reduction
Address
61 Mystic # 1,2,5, Methuen, MA
Price
$ 699,900
Property Attributes
  • MLS#73233350
  • TypeCommercial
  • CountyESSEX
  • CityMethuen
  • Zip01844
  • Style5+ Residential
  • Price$ 699,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

3 Condominiums for sale all in 1 building: 61 Mystic St., Unit #1 and 2 are 2 bedroom units on the 1st flr. Unit #5 is a 1 bedroom on the 1st flr. The units all have ceramic tile throughout. Convenient to shopping, restaurants, and highway. The units are all vacant.GROSS POTENTIAL ANNUAL INCOME $72,000. TOTAL ANNUAL REAL ESTATE TAXES $3900.00. TOTAL ANNUAL CONDO FEES $11000. POTENIAL 8% RETURN!!

Price History
5/5/2024 Listed $725,000
5/9/2024 4% - $699,900

General Features

Utilities Public Water,Public Sewer,Natural Gas Available
Zoning 0000
Association Fee Includes Heat,Water,Sewer,Insurance,Security,Maintenance Structure,Maintenance Grounds,Snow Removal,Trash
Unit Number 1,2,5
Tax Year 2023
Gross Income 55360
Business Type 5+ Residential
County Essex
Property Type Commercial Sale
Association Amenities Hot Water,Laundry,Storage
HOA / Comm Assn Yes
Status Active
Directions RT 93 to Pelham St to Mystic
City Methuen
Disclosures Owner is a licensed real estate broker
Senior Community Y/N No
Zoning Description Legal Conforming
Waterfront Y/N No
Street Name Mystic
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 9
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 01844

Price
AVG $710K
$700K
Visits
AVG 210
71
Data Provided by Inside Real Estate®