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163 Oakside Ave Methuen — Photo 1 of 41

163 Oakside Ave Methuen — Photo 1 of 41

$665,000

Investment Analysis — 163 Oakside Ave

Methuen, MA 01844

Based on HUD Small Area Fair Market Rent for Lawrence, MA-NH HUD Metro FMR Area, a 4-bedroom in 01844 carries an estimated $3,060/mo in gross rent — about a 3.26% cap rate and $21,651/yr in estimated NOI at the $665,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

4

Baths

1.5

SqFt

2,196

Style

Single Family

Built

1950

Step into a home filled with character, charm, and a little bit of old-school mystery. This spacious 4-bedroom, 3-bath Cape offers a unique “speakeasy” feel with thoughtful architectural details throughout. The sunken living room is surrounded by striking wrought-iron railings and features a fireplace, creating a warm and inviting gathering space. A wood stove adds charm to the additional den, while built-in bookcases, skylights, and large windows bring character and natural light throughout the home.The first-floor primary bedroom offers convenient one-level living, with additional bedroom on the 1st floor and 2 more bedrooms upstairs with a 3/4 bath. A large basement with an additional brick fireplace provides excellent potential for future finished living space. Outside, enjoy your own private retreat with a fenced-in yard, in-ground pool, and a three-season patio offering a comfortable space for relaxing and entertaining throughout much of the year. A two-car garage provides added convenience and storage. Ideally located close to shopping, dining, everyday amenities, and public transportation, this home offers a rare combination of character, space, and location. A truly distinctive property with room to make it your own!

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 2,196 sq ft principal dwelling). Lot size: 17,833 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Open Houses

Property Details

Financials

Original Price$665,000
Annual Taxes$6,256

Parking

Garage2
Off-Street8

Interior Specifications

Total Rooms8
Fireplaces2
FlooringWood, Tile, Hardwood
BasementFull, Interior Entry, Sump Pump, Concrete, Unfinished

Climate & Utilities

HeatingBaseboard, Natural Gas, Wood Stove
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame, Stone
RoofShingle
FoundationConcrete Perimeter
ZoningRG

Property & Lot

Acres0.41
SqFt Lot17,833
Lot FeaturesLevel

Amenities & Appliances

Electric Water Heater • Water Heater • Range • Oven • Dishwasher • Disposal • Microwave • Refrigerator • Dryer • ENERGY STAR Qualified Dryer • ENERGY STAR Qualified Washer • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Walk/Jog Trails • Medical Facility • Laundromat

Geography

Floorplan Breakdown

Structural Layout

Second
Bedroom 3Bedroom 4
First
Living RoomDining RoomKitchenFamily RoomMaster BedroomBedroom 2
Living Room
Lvl First
Dining Room
Lvl First
Kitchen
Lvl First
Family Room
Lvl First
Master Bedroom
Lvl First
Bedroom 2
Lvl First
Bedroom 3
Lvl Second
Bedroom 4
Lvl Second
Listing Provided By

Listing Agent: Susan Whelan

Listing Office: Realty One Group Next Level

MLS® Number: 73574795