Active
115 Days on market
16 Quincy St Methuen — Photo 1 of 42

16 Quincy St Methuen — Photo 1 of 42

Recent Drop: $224,000

$1,399,000
$1,175,000

$1,175,000

Investment Analysis — 16 Quincy St

Methuen, MA 01844

Based on rent reported on the MLS listing, a 3-unit multi-family in 01844 carries $6,900/mo in gross rent — about a 4.48% cap rate and $52,662/yr in estimated NOI at the $1,175,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

6

Baths

5

SqFt

5,386

Style

3 Family - 3 Units Up/Down

Built

1915

NEW PRICE + $20,000 SELLER CREDIT WITH AN ACCEPTABLE OFFER! A rare opportunity to own one of Methuen’s most distinctive and spacious multi-family properties. This impressive three-unit residence offers over 5,300 sq. ft. of living space, beautiful architectural character, generous room sizes, multiple fireplaces, stained glass details, updated systems, and exceptional flexibility for an owner-occupant, investor, or multi-generational living arrangement. The current owner has completed extensive improvements and upgrades throughout the property, preserving its historic character while enhancing functionality, comfort, and long-term value. The expansive primary residence offers the feel of a substantial single-family home while the additional units provide valuable rental income potential.Seller is offering up to a $20,000 credit with an acceptable offer, which may be used toward exterior painting and finishing, closing costs, an interest-rate buy down, or other allowable buyer expenses.Seller resides out of state and prefers a simple, streamlined as-is transaction. Buyers are encouraged to conduct inspections for informational purposes.This is a unique opportunity to own a property with size, character, income potential, and flexibility that is difficult to replicate in today’s market.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Immersive Experience

Property Details

Financials

Original Price$1,399,000
Annual Taxes$10,266

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms16
Fireplaces4
FlooringWood, Tile, Hardwood
BasementFull, Bulkhead, Concrete

Climate & Utilities

HeatingSteam, Natural Gas, Ductless, Central, Forced Air, Electric, Unit Control
CoolingDuctless, Central Air, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofSlate
FoundationStone
ZoningRC

Property & Lot

Acres0.23
SqFt Lot10,001
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator

Neighborhood

Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • Private School

Geography

Property History

Price Drop
$1,175,000

Was $1,249,000

Sep 9, 2026

MLS® 73517102

Price Drop
$1,249,000

Was $1,399,000

Jun 8, 2026

MLS® 73517102

Listed
$1,399,000

May 21, 2026

MLS® 73517102

Expired
$3,500

Dec 31, 2025

MLS® 73445340

Listed
$3,500

Oct 19, 2025

MLS® 73445340

Listing Provided By

Listing Agent: Kris Peters

Listing Office: Keller Williams Realty-Merrimack

MLS® Number: 73517102