
16 Quincy St Methuen — Photo 1 of 42
Recent Drop: $224,000
$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.
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 MLS and other third-party data may be inaccurate or out of date.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
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Medical Facility • Laundromat • Highway Access • Private School
Geography
Property History
$1,175,000
Was $1,249,000
Sep 9, 2026
MLS® 73517102
$1,249,000
Was $1,399,000
Jun 8, 2026
MLS® 73517102
$1,399,000
May 21, 2026
MLS® 73517102
$3,500
Dec 31, 2025
MLS® 73445340
$3,500
Oct 19, 2025
MLS® 73445340
Listing Agent: Kris Peters
Listing Office: Keller Williams Realty-Merrimack
MLS® Number: 73517102
